Automotive telematics company in Spain for sale

Automotive telematics company for sale

IT or ICT business for sale

Size: tiny
Revenue: > 2M EUR
Employees: > 22
Location of the Automotive telematics company: Spain
Reason for sale: The owners want to grow the company in Spain, therefore are looking to talk to interested investors
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Overview of the Automotive telematics company in Spain for sale

This Automotive telematics company for sale is located in Spain and the owners present it as an opportunity for interested buyers. The company registers a revenue of more than 2M Euro, but the rhythm of growing is very fast. Therefore, the management thinks that a buyer with a large network of clients and suited portfolio of products could enable the company to achieve sooner its full potential. Interested buyers could diversify their portfolio and could integrate in their offer the company's telematics solutions. The company is not actively for sale, but open to speak to a strategic buyer that invest in the company for further European growth. The enterprise is part of a group, but the product that has been developed is not really related to the mother company, therefore there is place for selling the company and the product to a suited buyer. The company for sale has international positioning, it is a trusted partner for companies from UK, Germany, Italy and France.

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Profile (strategy) of the Automotive telematics company in Spain for sale

The company for sale is part of a group that is activating in Machine to Machine (M2M) industry. The group is offering complex solutions that contain all the elements of an M2M project: designing connected geo-tracking devices, ensuring M2M subscriptions, monitoring and maintaining the deployed fleet and supporting all the activities related to the project. The company for sale is quite a young company, has a little more than 6 years of presence on the market, but it knew a very rapid growth. It is specialised in distributing embedded telematics solutions applied to corporate vehicle fleets and the team, formed from around 20 employees, can help Fleet Managers with any issues that might be encountered with the fleet. Various brands such as Citroën, DS, Peugeot decided to equip their vehicles with this solution that enables fleet managers to monitor and take fast decisions that will reduce the costs of fleet vehicles.

The telematics solution is based on a SaaS web model and for the convenience of the user it can be accessed from any device that is connected to the Internet (computer, tablet, smartphone). Depending on the device, here are the different possibilities the use is able to access: the online version (compatible with any web browser), web mobile version (compatible with any mobile web browser), iOS and Android versions. It is independent of any operating system or equipment and makes any software available. Because The SaaS solution is a web based product it does not require a software installation or to buy new and expensive equipment. Users automatically get all the latest updates. The product can be easily adapted to any type of structure requirement or customer organization. All the data is securely stored and the access is easy to monitor each user having his own personal ID and password. The product is entirely developed within the company and has high performance due to the software structure that pools the data.

Activities and services of the Automotive telematics company in Spain for sale

The company for sale developed an automotive telematics solution that helps fleet managers in the following activities:

Fleet Management
Vehicle Supervision & Tracking
Vehicle Maintenance
Reporting
Alerting
Decision Supporting
Data Consolidation
Eco-Driving Assessment

Highlights of the Automotive telematics company in Spain for sale

The company for sale is active in providing automotive telematics solutions
The solutions developed help fleet owners to manage the fleet and track the vehicles
The solutions lower the cost of use of vehicles
The owners are looking to talk with strategic buyers that are interested to grow the business in Spain

Information about this Automotive telematics company in Spain

Please do get in touch if you are interested in finding more about this Automotive telematics company in Spain for sale. If this Automotive telematics company for sale in Spain 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.