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Software company for sale in Bulgaria

Software business for sale

IT or 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 50 highly- qualified professional
  • #CFIE-EKB2

Overview software company

An opportunity to acquire 100% of the shares of a Bulgarian IT company (“the Target”, “the Company”).

The Target is a leading company on the Bulgarian market, also servicing international clients. It delivers  IT and business solutions for the banking and non- banking financial sector.

Its core expertise lies in solutions based on Oracle/ Flexcube.

The Company focuses on implementation and consulting services.

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Profile (strategy) of the software company

The Company specialises in developing high quality IT and business solutions, covering all aspects of the banking business.

It partners with well- established producers of financial IT solutions, such as Oracle and IBM.

The Company has built a loyal customer base of more than 30 corporate clients. Thus, reaching the markets of Europe, Asia, North and South America.

The Target has sustainable financial performance. It is a debt- free company that demonstrates exponencial growth of EBITDA margin for the past three years, reaching almost 40% in 2013.

The Company’s team consists of almost 50 highly- qualified professionals, 90% of whom have been employeed in the company since its establishment.

The Company is located in Bulgaria. The country 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 10-th in the world regarding the absolute amount of certified IT professionals (source Cisco);
  • 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

Software company- products and services

The solutions provided by the Target cover all aspects of the banking business. Its portfolio includes Core, Wholesale and Retail Banking, Regulatory Compliance and Risk Management. Furthermore, the Company offers a wide range of add- on products.

ICT Products

  • Oracle Financial Services
  • Flexcube integrated modular platform for on-line external systems interfacing
  • Management and Regulatory reporting systems
  • E- banking
  • Bank budget creation software
  • Quality Assurance System
  • Data Warehouse
  • Mobile payment solutions

ICT Services

  • Application of solutions based on third- party and own products- Design and Implementation
  • System Integration
  • Consulting

Highlights software company for sale

  • A leading company, providing consulting and implementations services, as well as in-house developed products for the financial sector.
  • Continuously increasing trend in financial sector IT solutions innovation.
  • A well- established company with accumulated know how.
  • The Target has a loyal customer base of:
    -more than 30 corporate clients,
    -reaching the markets of Europe, Asia, North and South America
  • The Company partners with renowned producers of financial IT solutions, such as Oracle and IBM.
  • A debt- free company with sustainable financial performance. Exponencial growth of EBITDA margin for the past three years, reaching almost 40% in 2013.
  • Highly- qualified and motivated team of professionals.

Information about this Software company for sale in Bulgaria

This company has been sold. Feel free to contact us for more information regarding other software companies for sale in Europe. If you are a software buyer please visit the section Software companies for sale or please review the following seller companies: 

If you are interested in buyers of IT 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.