Buyer for vertical software company in Spain

• Revenue: < 1M EUR
• Employees: not decisive
• Location of the target: Spain
• Reason for acquisition: The company is a vertical software enterprise. It has a strategy for growing its operations in Spain via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB087

The buyer for vertical software has more than 15 years of experience in the market. It has a strategy for growing by doing acquisitions. The group has already purchased several businesses in order to enlarge the customer portfolio and now is looking for another acquisition. The buyer doesn’t need any bank financing, it has already the necessary cash to support the deal. As possible synergies to bring to the target can be mentioned the new developed activities and services provided to small businesses. A certain advantage the buyer is bringing into the deal is represented by the wide network of clients.  The acquisition campaign has already started and the group is looking for suited companies. Target companies should activate in the industry of vertical software for small businesses, should provide cloud services for specific sectors, billing software solutions would be a plus. Spain is the preferred location and small companies are ideal targets, companies with a maximum revenue of 1M euro, with the number of the employees at maximum 12 people and with a positive EBITDA.

The buyer is a provider of cloud management applications, internet services, document management and data protection solutions. It is present in Europe and other continents delivering leading technology and innovative solutions for professional enterprises from various sectors such as law, business consultancy, economy, administration, etc., firms with a need for solutions that optimize business activity and reduce costs. The company creates software solutions for office management, solutions that allow various document management functions such as uploading, updating, accessing the history of customers, historical files, periodic invoicing, work schedule, saving documents and managing files from any device, enabling the user to work from anywhere or any operating system. The software is available in the cloud, no need for installations in static equipment.

There is the free version for office management program that allows the user to try the benefits and the usefulness as well as the portability, with the dispatch management software the access to any project is ensured no matter the location of the user. After the client tried the free version and acknowledged the features he can then decide for the paid version. The program solution has customized adaptations for each vertical. The office management solution has incorporated various modules in a single ecosystem and all the processes are integrated so that the user has complete control over the entire service delivered to the clients.

For offices that provide recovering services, data collection management solutions help to recover data, to manage the records of recoveries and to store all the information in a single place so that it is easier to be found. Some of the functions of the recovering software solution are: management of recovery records, mail manager, debtors, billing, official register, documentary manager, etc. To safely store data, the company has several data centers that are equipped with the latest technology and that ensure the best data back-up and security that clients need.

The buyer is looking to acquire a company that operates in the same activity and has similar activities and services such as:

• Internet Services
• Management Applications Development
• Document Management
• Data Protection
• Back-up & recovery management services
• Collection Management
• Data Center
• Connecting services

• The buyer provides vertical software solutions
• The company wants to grow the business by doing acquisitions
• Target companies should have revenue below 1M Euro