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Company for sale in IT-legacy systems

Company for sale

IT or ICT business for sale
  • Sales: 1-2m Euro
  • Location: Western-Europe
  • Employees: 15
  • Asking price: > 1m Euro
  • Reason for sale: Company looking for a strategic or financial partner to grow the business further. Future retirement of the owner
  • CFIE T022

Overview

A Western European IT company that is active in the transfer of legacy systems is looking for a strategic partner that has a large sales network and can help to grow the business further. Get more information about this West European IT company for sale now.

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Profile IT company for sale (strategy)

The business employs around 15 employees and is an expert in the migration and upgrading of legacy systems. The business has automated solutions for the modernization of IT-legacy systems. The company works on conversion and migration of strategic legacy applications to more modern and cheaper platforms. The company works on the renovation of Back-, Mid- and Front office applications for SEPA compliancy and Euro conversions.

Growth of the IT business for sale

The company’s platform is scalable and can be used for various projects simultaneously. Hence, a larger IT consultancy firm would be able to benefit massively from the assets of this company by selling it’s services to a larger client base. Further, a larger buyer with a strong brand name would be able to charge significantly higher prices for the services performed.

Activities and or products

This IT company is active in the upgrading and migration of legacy systems. The company has, over the last 20 years, developed a high quality platform for these IT migrations that is best in class.

Highlights

If you want to buy a profitable and best in class IT company active in the migration of legacy systems we ask your attention for the highlights of this investment opportunity:

  • Educated and skilled staff (high qualified mathematicians and programmers)
  • Automatic (robotic) transfer of legal systems
  • Best quality of legal system(s) migration
  • Large and blue chip client portfolio (financial services industry)

Information

This company has been sold. Feel free to contact us for more information regarding other IT-legacy systems companies for sale in Europe. If you are an IT-legacy systems buyer please visit the section IT companies for sale or please review the following seller companies:
If you are interested in buyers of software related companies please visit the section IT companies wanted or please review the following buyer companies:


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.