Buyer for software development and consulting company in Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• Location of the target: Europe 
• Reason for acquisition: The company is active in providing software development services. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB218

The buyer is an innovative software development enterprise specialized in building complex and complete software suits that help organizations to be competitive in the digital economy. The relationships with clients and partners are for long term and the collaboration is very good with both growing companies and mature organizations. The company has business offices in several European countries and wants to expand the operations in other markets as well. The buyer is backed by an investment group who provides the funds and other resources for development. It has a team of professionals that are pragmatic and experienced in various fields such as management, finance and sales. The team’s abilities are a mix between operational skills, knowledge in mergers and acquisitions, strategic advice, corporate finance and entrepreneurship. The management of the portfolio company establishes the group’s approach and implements the strategy for smart investments. Currently, the group acquires stakes in flourishing and solvent SMEs that are active in providing software development and consulting services. The goal is to broaden the related services and to increase the client’s portfolio. The new company will add adjacent products and services to the existing software development business platform. Target companies record revenues ranging between 2-20M Euro and are profitable. The seller would benefit from innovative power of the group, the network, know-how and, of course, financial support.

The company writes custom software products adding value with high-quality development services. The team is formed of talented engineers, developers, project managers and designers able to manage challenging projects. They serve software-driven companies for which they develop and deliver technical solutions for projects that solve complex problems. The software solutions are developed end-to-end and can be mobile apps, web apps, big data, IoT platforms, etc. The focus is to provide innovative solutions based on open-source technologies. The team has expertise in various industrial sectors (such as Healthcare, Fashion, Mobility & Transport, Media & Publishing, Energy), and is able to understand the specific needs and challenges that every industry is facing.

The global economy becomes more and more software dependent and in this new environment innovation marks the difference. Software innovation can determine business innovation. Therefore, the company is interested in discovering new solutions and products able to respond to old and new business challenges. It uses the latest technology for both hardware and software layers. The team supports the customer’s business by providing services such as product development, software maintenance, system audit, mobile & web app development, back-end development, DevOps, UX/UI design, software testing, etc. The software products are built from end-to-end and are supported in the launching phase. Further, the software is monitored, up-dated and maintained in order to ensure its smooth operation.

The buyer is looking to acquire a company that operates in the same activity and has similar services such as: 

• Software Development
• Custom Product Development
• Software Maintenance & Testing
• UX/UI Design 
• System Audit 
• DevOps
• Big Data
• IoT
• Outsourcing & Consulting

• The buyer provides software development and outsourcing services
• The company is backed by an investment found interested to grow its company portfolio
• The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
• Target companies should provide custom software development and consulting services 

Feel free to contact us for more information regarding this Software development and consulting company in Europe wanted or if you know possible interested or suited parties. For more buyers in the IT sector please visit the section ITS companies wanted. For companies for sale in the ITS or software development and consulting industry please feel free to visit the section ITS companies for sale.