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App development company for sale in Europe
Company for sale
- Activity: App development
- Employees: > 70
- Revenue: < EUR 5M
- Annual revenue growth: >20%
- EBIT margin: > 30%
- Valuation demands: > EUR 5M (high valuation demands)
- Location of the App development Software Company: Europe
- Reason for sale: The company is not actively for sale. However, the owner is open to discuss the sale to a large ICT consultancy business that is interested in acquiring a large app development team. This buyer also needs to be able to show clear synergies
- #CFIE ITS059
Overview of the app development company for sale in Europe
The owner of a software company is not actively looking to sell the software app development business. The company is one of the leaders in it’s home market. The app development company has a very high quality team that builds apps for a large client base of mostly multinational companies. The company is growing quickly (between 20 and 40% on a yearly basis). The owner is interested in speaking with buyers who can show clear synergies with the business. The synergies would be mostly in the field of European sales and marketing. An ideal buyer would be a large ICT consultancy company that wants to acquire a first class team of app developers. Only very committed firms with large financial means would be suited parties given the financial demands of the buyer are high.
Profile (strategy) of the app development company for sale in Europe
The company for sale develops multi-platform apps. The company delivers very high quality apps and has a high demand from clients. Most of the clients are larger companies that demand full integrated apps. The app development company manages the full process which starts with the strategy and design and ends with the development and the delivery of the app. The company is not very active in sales as it is approached by new prospects and returning clients on a regular basis.
The company has grown quickly over the last years both in revenue as well as in the number of employees. The expectation is that this growth will continue for many years to come given the large demand and growth of the app market. The strategy of the company is to keep on building high quality apps which is the best marketing for new clients. Over the years the company has gathered large experience in how to build the best apps. This knowledge could be very valuable for an 'old' ICT consultancy firm that is established in many European markets. If such company is willing to pay a premium price for the app development experience the owner would be open to talk to such firms.
Activities and services of the app development company for sale in Europe
The company has large expertise in building a wide range of apps. The company takes control of all activities from the beginning to the end such as:
- Strategy and marketing plan
- Design of the app
- Technical development of the app
- User interface
The apps are developed for iPhone, iPad and others. Both for tablets as well as desktops.
Highlights of the app development software company for sale in Europe
- The company is a leader in app development and has large experience in this field
- The company is growing with double digit %’s on an annual basis
- The company has a wide and diversified client base of multinational clients in it’s home country
- The owner is not actively looking to sell the business but is open to discuss a possible sale with buyers who can show clear synergies
Information for the app development company for sale in Europe
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