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Software development company in Romania for sale

Software development company for sale 

IT or ICT business for sale

  • Size: large
  • Revenue: > 10M Euro
  • Employees: 280
  • Location of the Software development company: Romania
  • Reason for sale: The owners are looking for an exit and follow new projects 
  • #CFIE ITS151

Overview for the Software development company for sale in Romania

The company is in a process of attracting new investors and has been initiated contacts to potential investors that may have an interest in the acquisition. 100% of the shares belong to a local entrepreneur who strongly takes into consideration a sale of 100% of the shares, but open for a phased-out exit. The sale process is composed of two-rounds, the indicative offer will be followed by the shortlisting of potential bidders and submission of the final bids in the second phase. Shortlisted bidders will be allowed to perform due diligence and meet the management before submitting their binding bids. A potential buyer could be a large company that wants to consolidate its position in Europe.

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Profile (strategy) for the Software development company for sale in Romania

The company has more than 10 years of experience in creating business and digital solutions, the team being specialized in the design, the development and the maintenance of web projects and mobile applications. The biggest part of the company is located in Romania, but there are local offices in Brussels, Paris, Lyon, Lausanne and Berlin. As for the industries served by the company, could be mentioned Hospitality, Betting and Gaming, Automotive, Banking, Luxury, Retail, Energy and Waste Management, Healthcare, Governmental, Security, Tracking and Ecommerce.
The enterprise is a leading IT and software development company in Romania, with the main activity being to provide Custom Software Development, Integration Services, Quality Assurance Services & Business Analysis and to develop further its capabilities into R&D and BI for servicing its international customer base. The company is focused mainly in EU clients, 86% of its revenues being generated by clients in France, Belgium, Germany, UK, Romania and Italy, covering over 8 verticals and clusters of clients. It is recognized as an established brand in the eco-system, with covered technologies that include Microsoft (.NET, Xamarin, a.o), Java, Symfony, Ruby, python, Drupal, Angularis, Magento and many others.
The company has a continuous strategy to grow organically being interested to build long term business relationships, the customer portfolio having high rates of renewed and recurring business. This organic growth has been driven primarily by increased demand in high quality services at reasonable prices by its returning customers. The company ended 2017 with 8.1m Euro Revenues and 1.25m Euro EBITDA. It is continuing its historic growth of 23% CAGR (Compound Annual Growth Rate) Rev (2013-2017) and 31% CAGR EBITDA (2013-2017) and has solid basis to grow at minimum similar rate in the next 3-5 years.

Activities and products for the Software development company for sale in Romania

The company helps its clients with the following services:
  • Consultancy and Business Analysis
  • Digital Strategy
  • Software Architecture
  • Creative Services UI/UX Design
  • Software Development
  • Testing and Quality Assurance
  • Maintenance
  • Devops
Solutions for: 
  • Data & Workflow Management
  • Security
  • Tracking
  • CMS
  • Booking
  • Market Place
  • Remote deployment
  • Server Installation & Maintenance
  • Digital Solutions Engineering

Highlights for the Software development company for sale in Romania

  • The company is a leading player on the market of software development in Romania 
  • The company is specialized in using various technologies to create software solutions
  • The company has offices in several EU cities and the clients are from worldwide
  • The owners are looking for an exit in order to follow new projects

Information for the Software development company for sale in Romania

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