Automotive testing software company in Europe for sale

• Revenue: > 3M EUR
• Employees: > 15
• Location of the Automotive testing software company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS204

The company was founded with the focus on consulting within testing and development of a new test platform for certain industries. It produces hardware and software for development of test systems within automotive and aerospace sector. The company has also several offices open in China and UK as part of a strategy for offering support to regional customers. Revenue obtained is above 3m Euro. The owner has plans for selling the business and is open for various options of an M&A deal. There could be discussed a partial sale or a total one, a full take-over being preferred. A potential buyer could be a larger software company that could integrate these solutions into its own portfolio. Another type of buyer could be an international group that wants to enter in the European market. The management team is available to help the potential buyer in smoothing the transition and in establishing the basis for the future business operations.

The company’s goal is to create products that are different, useful and durable. The company is continuously investing in R&D activities and in discovering new solutions, products, modules and updates for its clients. The team is specialized in developing innovative testing systems for automotive industry. The testing platforms are designed to be flexible enough in every aspect in order to be able to face any unknown conditions and requirements. The solutions developed are of different types: one type can be turn-key systems with various modules integrated designed for automated testing, measurement and simulation. Other type of solutions is also modular software-based, but with the aim for testing operations during product development and production processes. The company can help its clients to design customized test solutions. The technical staff is specifically tailored and professionally specialized to meet any requirements of a project.

The team is formed by people with an entrepreneurial approach and with different expertise within software testing and hardware development. The ambition is to be the most available and suitable test system provider on the market. The testing system solution for measuring functionality of a product is automated and can test simultaneously multiple objects. It is customized to meet changing requirements and is designed to be extended with additional module. Being re-usable and flexible, the system is able to adapt its set-up without the need to change the hardware too. The system enables to configure pins to the connecter in a smooth way and using different signal types. It can also be used in a relationship with a third party application which increases its functions and capabilities. The system has storage in local database and it has connection to the cloud. Due to its build-in test application and its database connected in the cloud the system can be used and replicated in new R&D projects or production lines.

The company for sale provides the following solutions:

• Functional test Systems
• HIL Systems
• Ethernet Test Systems
• Battery test Systems
• Production Test Systems
• Frequency-band Shifters

The company’s solutions are used in the following activities:

• Testing
• Simulation
• Measurement
• Signal Conditioning
• Sound & Vibration Configuration
• Research & Development

• The company is active in providing software-based testing solutions for the automotive industry
• The company has expanded its operations in UK and China
• The owners have plans to sell the business
• A potential buyer could be a larger software company that could integrate these solutions into its own portfolio