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Automotive software app company in Europe for sale

Automotive software app company for sale 

IT or ICT business for sale
  • Size: small
  • Revenue: > 1M EUR 
  • Location of the Automotive software app company: Europe
  • Employees: > 40
  • Reason for sale: The owners are looking for interested investors that want to buy the company to grow the business   
  • #CFIE ITS118

Overview of the Automotive software app company in Europe for sale

The owners of an Automotive software app company in Europe are looking for investors to invest in this company and exploit its potential. The company for sale has produced an app with which people can manage their own car. The connected car with software provides new opportunities for owners to manage and optimize their car. Owners can save on fuel or spot issues in the car fairly easily. The company is well funded via investors, but would be open to speak to interested strategic buyers that are interested in the field of Internet of Things and automotive software. An ideal buyer, to be of interest to the company, should at least have strong sales and marketing channels of which the seller can benefit. Revenue is continually growing and so the clients database. 

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Profile (strategy) of the Automotive software app company in Europe for sale

The company’s software solution helps the client to transform his car into a smart car. The application connects the car with the smartphone, saves the driver from any jams or traffic obstacles while saving fuel and money, helps with breakdowns and emergencies. 
The app is simple to install, first it is needed the app to be downloaded, then the link received must be plug into the car (the app even says how to do it) and with the bluetooth the connection between the app and the car is done. From now on, the user is able to monitor the car’s performance in real time, while driving the driver receives information about troubles that the car might phase, the application tells him in a clear way what exactly is wrong and what to do to eliminate the causes. Driving style can be improved by the tips the app gives for the driver, helping him to lower the fuel consumption. Another important feature, the app saves the location where the driver parked his car and so helping him to find his car in case he forgets where he parked it. The app also informs the user for how long his car has been parked letting him know when the park-ticket is expiring. Depending on the traffic obstacles, the driver receives shorter routes to avoid overcrowded roads. The driver is also informed where to find the cheapest gas station.
Before acquiring the app, the company allows clients for free to find if their car is compatible with the app, in this way clients can be sure if the app is suitable for them. The app is applicable for both iOS and Android and once the clients paid for it, they can install it on as many devices they want with no additional costs.

Activities and services of the Automotive software app company in Europe for sale

Thanks to solution delivered by the company, customers can plan their resources and the roadmap in a way that maximizes their investment. Some of the customer’s software functionalities are as it follows:
  • Trouble Analysis
  • Car Performance Monitoring
  • Fuel-Saving Tips & Fuel Tracking
  • Electronic Diary
  • Find-the-car
  • Car-Traffic Monitoring
  • Cheapest Gas Station Finding
  • Automatic Emergency Call
  • Driver Online Cockpit

Highlights of the Automotive software app company in Europe for sale

  • The company developed an automotive app that transforms a car into a smart car
  • The company helps the clients to understand better their car and to manage particular situations
  • The owners are looking for interested investors that want to invest in this company and help it to gain more visibility 

Information about this Automotive software app company in Europe  

Please do get in touch if you are interested in finding more about this Automotive software app company in Europe for sale. If this Automotive software app company for sale in Europe does not fit your requirements feel free to ask for other ITS companies for sale. If you are interested in buyers of IT and software companies, please visit the section ITS companies wanted.


Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries  from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.