Buyer for a new software technology company in Europe

• Revenue: 2-10 million EUR
• Employees: Not a decisive factor
• Location of the target: Europe
• Reason for acquisition: The company is a European organization operating in the software industry. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB058

The buyer is a recognized player active in building software solutions and applications development. The company is generally focused on increasing its sales and profits and is therefore interested in supporting its plans with European M&A activities. The target company should have proven synergy with the company’s core business, companies with special technology or solutions that are already successful in the market would be in addition to the above mentioned. In these terms, the company to buy should be active in the software industry, within the following possible areas: Software development, microservices, machine learning (ML), internet of things (IoT). It is important to mention that the target company should be profitable and should demonstrate proof over several years. After the acquisition is done, it is desirable that key management should be maintained and further integrated.

The company has more than 20 years of experience in the market and employs more than 500 personnel that work in offices opened in several countries of Europe and in the US. The organization is focused on new technological services and the development teams are highly specialized in artificial intelligence, machine learning, cloud computing, blockchain, mobile technology, microservices and internet of things. The commercial offer includes custom-built applications and end-to-end solutions that are developed based on open source software such as Java, Axon, and Spring. Domain-driven design or design with event-driven architectures are examples. Each phase of the project is supported, from idea initiation, workshops, development to support and maintenance. The customers are helped with professional advice regarding the optimization of crucial business IT systems, the use of the latest technology and how to seamlessly integrate these technologies.

With machine learning, companies can get the most out of their data as fast as possible. Discovering anomalies, irregularities and patterns to enable the user to make better predictions and to make better decisions. With ML the results come very quickly. The company helps its clients by working together in defining the critical business-centric challenges, in the implementation and integration of ML with the present business processes and to measure and test the success value. In developing the right software solutions for its clients, the development team utilizes agile project development methodologies. It also uses various technologies such as Spring Framework, Tomcat, Solr, Hibernate, Lucene, Puppet or Mahout. Internet of things is another topic that is of interest, the company helps its clients in various applications such as home automation. The Accelerate workshops organized by the company help the clients to speed up lengthy processes such as digital design thinking process. Customized mobile solutions and cutting-edge software applications are built for various sectors, applications for mobile payment or for digital education are a few examples of the work done by the development team.

The company is looking to acquire a company that operates in the same activities such as:

• Machine learning
• Custom software development
• IoT
• Big data management
• Mobile app development

• The buyer is a European organization operating in the software industry
• The company uses new software technologies to increase its customers’ efficiency
• 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 be profitable and should demonstrate proof over several years