Reason for acquisition: The company is an international group active in software development. As part of the group’s strategy, the buyer is looking to grow its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
#CFIE ITB054
Overview of the buyer for a software development company in Europe
The buyer is an international test-driven software development shop that designs, builds and scales custom web and mobile apps. It has offices in the US, South America, and Europe. The focus of the European office is DevOps (development and operations), but our buyer wants to grow the custom software development team and add more services such as design (UX/UI), marketing or Apple Marcom, business analysis/project management or product ownership. Ideally, desirable companies would be custom software development enterprises, marketing agencies that do some software development or a DevOps/infrastructure company. The target company should have a mature sales team that’s already in place with European clients. The number of employees is not important, the buyer is more concerned with revenue, EBITDA and diversification. The buyer could bring very effective design, development and Dev/Ops leadership.
Profile (strategy) of the buyer for a software development company in Europe
The company is an experienced player in the software development market and has offices in Europe, the US and South America. It has more than 80 employees and has been growing annually by more than 55%. The expectation is for continued growth and diversification of the products offered. The buyer would like to add customers in Europe that can be combined with the existing clients of the team from the European office and that will pay for services in euros. This should increase the quality of work and products and would hedge against any currency risk.
The company is a web and mobile development shop that services a pack of start-ups from all over the world. It provides full-cycle development, project-based consulting, staff augmentation services, application support and maintenance for its clients. The team designs, builds, scales and supports outstanding web and mobile apps. For web and API services, technologies such as Java, Elixir, Grails, Ruby and Spring Boot are used, which demonstrates solid expertise in building and maintaining web applications that achieve high results. The high performance of web-facing apps is ensured by using JavaScript frameworks of AngularJS and React. The developers and designers specialize in Android and iOS development, which enables them to build a singular, rich and delightful user experience. This approach enables the company to create products that are tailored to fit each particular client’s needs.
Through its DevOps orientation, the company boosts efficiency and increases the value of technological investments, making a company more agile and adaptable to the market’s changes. In a DevOps culture, processes are automated, and everything is tested before being deployed. The principal pillars of this culture are focused on ensuring an ideal continuous delivery process using source code management, build management, code quality, and test management, infrastructure and deployment/configuration.
Activities and products of the target software development company
The company is looking to acquire a company that operates in the same activity and has similar services such as:
Web and API services
UX/UI design
Front-end engineering
Mobile development
DevOps
Highlights of the buyer for a software development company in Europe
The buyer is an international software developer focused on designing and building web and mobile software products
The company uses the latest technologies to increase 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 have an existing sales team and should have a diversified client base
More information on this buyer for a software development company in Europe
Please get in touch if you are interested in learning more about this buyer for a software development company in Europe. For more software development companies for sale please visit the section software development companies for sale. For other software development buyers, please visit the section software development companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.
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