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Local government IT services provider in Europe for sale
Local government IT services provider for sale
- Revenue: > 25M EUR
- Employees: > 800
- Location of the Local government IT services provider: Europe
- Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
- #CFIE ITS460
Overview of the Local government IT services provider in Europe for sale
The seller is a Group of companies with extensive national spreading and with more than 15 years of experience in the field of service providing (IT, Consulting, Outsourcing) to Public Administrations. The Group forms a circle of companies that are legally independent of each other, but have a coordinated and integrated functionality and vision. Main figures can be summarized as it follows: the Group registers revenues of over 28M Euro, employs more than 800 people and has more than 100 operational offices. Practically all invoicing comes from clients that belong to the Public Sector and due to this fact there is a very low exposure to risk associated with economic crisis. The management wants to sell the group, the scope of the operation includes the companies that make up the Group. It is possible to opt for the total acquisition or to buy a partial equity participation. Each entity in itself has the autonomous capacity to provide its own services and to support its own specific activities. So there is no possibility to fragment the whole business or the value chain of the group. The company has many own software solutions in addition to the services provided, software that can be very interesting to a potential buyer.
Profile (strategy) of the Local government IT services provider in Europe for sale
The group is formed of multiple companies operating in various domains of activity. However, the main goal of the group is to help its clients to achieve their objectives through the use of new technologies. The group has hundreds of clients from public administrations such as municipalities, provincial councils and local public companies. The group has extensive experience in providing technical assistance to public entities, but can help also private entities to get digitalized. There is offered technological solutions that increase the efficiency of internal processes. The group also provides training to local administration officers so the personnel understands better how to use various software solutions in specific activities.
The team developed a latest generation information system that describes a modern solution for electronic administration. This is a key element that enables digital transformation to public administrations and that solves global needs in public management. The group offers a set of assistants or specialized tools such as assistance software for financial control, special tool for calculating the spending limit, assistant to monitor the payment plan, calculation tool for the effective cost of services, etc. The solution for document and file management is hosted in own Cloud and is enabled to validly generate delivery reports for standard SMS, certified SMS, communications and electronic notifications. The team has developed applications for iOS and Android devices as solutions to clients' needs, solutions such as professional apps for security forces and bodies.
The group is also specialized in road safety and mobility projects; it has an extensive staff of professionals specialized in the comprehensive management of road safety. There is provided to public administration entities all the necessary means of support to carry out security campaigns. The range of technological devices designed to inspect, prevent and act to improve the security of the municipalities includes mobile and fixed cameras, drones and aps.
Activities and services of the Local government IT services provider in Europe for sale
The company for sale delivers the following services and solutions:
- IT Services & Security
- Software Development
- App Development
- Document & Archive Management
- Electronic Administration
- Revenue Collection
- Electronic Tax Management & People Management & Accounting
- Training & Education
Highlights of the Local government IT services provider in Europe for sale
- The Group is formed of independent companies active in various fields
- The Group provides IT services to local government entities
- The services and solutions delivered increase the efficiency in public management
- The owners are looking to talk with potential investors interested to take over the business
Information about this Local government IT services provider in Europe
Please do get in touch if you are interested in finding more about this Local government IT services provider in Europe for sale. If this Local government IT services provider 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.