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IT services company for sale in Bulgaria
ICT business for sale
- The revenues of the business for sale are between EUR 1 and 5 million
- The location is Eastern Europe (Bulgaria)
- The IT company employs more than 300 highly- qualified professionals
Overview IT services company
An opportunity to acquire up to 100% of the shares of a Bulgarian IT services company (“the Target”, “the Company”).
The services provided by the Target cover the full range of IT lifecycle services.
The delivery models of the Target include Out- tasking, Managed services and Outsourcing services.
The Company applies Agile and scrum development methodology.
The Company services customers in various business sectors. Its team consists of more than 300 highly- qualified employees.
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Profile (strategy) of IT services company
The Company was established in year 2010.
The Company is active on the European and global markets. It supports customers in various industries and has established customer and partner relations with Fortune 500 companies.
The Target demonstrates exponential growth. Historical revenues have more than doubled in 2013. The estimates for 2014 indicate another twofold growth.
EBITDA increased almost four times in 2013 is expected to surpass EUR 1 million this year. Benefitting from the low flat tax rate in Bulgaria, compared to other countries, net profit soars with the same scale.
The Company is headquartered in Sofia, Bulgaria and has branches in three of the biggest cities in Bulgaria, as well as overseas offices in Germany and the USA.
Bulgaria is a preferred investment destination for the reasons, stated below:
- The country offers EU’s most favourable tax regime, lowest operational cost and most competitive labour cost for experienced personnel;
- A number of leading multinational companies such as HP, IBM, SAP with already established local presence are planning to significantly expand their divisions in Bulgaria;
- Bulgaria ranks 3-rd in Europe and 8-th in the world in Internet quality;
- The average broadband speed in Bulgaria can reach 32.1 Megabit/ Sec;
- Bulgaria ranks 3-rd in Europe and 10-th in the world regarding the absolute amount of certified IT professionals (source Cisco)
ICT services company- services provided
The services provided by the Target cover the full range of IT lifecycle services:
- Software Development: Project and Product development, Custom application development, Testing and QA services;
- Web and Mobile development, Web and Mobile design;
- Infrastructure and Cloud services;
- Customer Support services
Highlights IT services company for sale
- Capability of the Company to deliver excellent nearshore services out of Eastern Europe, combined with presence in the USA and Germany.
- Successful delivery of more than 150 outsourcing projects in various industries.
- Proven and certified business process framework for the entire portfolio of the Company.
- Ability to achieve excellent price to quality ratio in project delivery.
- Demonstrating exponential growth in its financial results.
- Established customer and partner relations with Fortune 500 companies such as Cisco, Microsoft, IBM, Unisys, VMware, Siemens.
- Extensive expertise in cloud services, social collaboration, BI, enterprise mobility, product development and project services in software development, infrastructure services and customer support.
- Highly skilled and motivated company personnel.
- The Bulgarian IT sector- host to the world IT leaders.
- Sector’s excellent infrastructure and qualified labour force.
Information ICT business in Bulgaria
Feel free to inform for more details about this ICT services business for sale in Bulgaria. If this profile is not suited inform for other businesses for sale in Bulgaria or businesses for sale in ICT.