Buyer for software development company in Germany

• Revenue: more than EUR 5 million
• Employees: > 20
• Location of the target: Germany
• Reason for acquisition: The company is a stock listed software development company and wants to grow through acquisitions. They are open to speaking to interested sellers
• #CFIE ITB023

The buyer is a publicly traded company specialized in building software solutions for systems integration and applications development. It is focused on increasing its sales and profits, and is thus,  interested in supporting its plans with worldwide merger and acquisition activities. The company is part of an international group with more than 10,000 employees globally.

The target company should have proven synergies with the company’s core business and companies with special technologies or solutions that are already successful in the market would have an advantage. The company to buy should be active in the IT services industry, operating within the following possible areas: software development, technology, consulting, Java, JavaScript , security, VoIP, project management, etc. It is important to mention that the target company should be profitable and should haven a proven record over many years. After the acquisition is concluded, it is desirable that key management should be maintained and further integrated.

The company is a software development entity that delivers technology solutions for a multi-channel experience for users. Broadly speaking, it is focused on creating integration software solutions for business processes, application development and on providing various IT services.

Its innovative platforms provide efficient integration of core business applications allowing the implementation on various channels such as on premise, mobile, web or SaaS. Using the company’s integration solutions, customers are able to connect various business ecosystems by implementing functionalities that expand the capacity of the largest enterprise systems such as: SAP ERP, Salesforce, SugarCRM, Microsoft Dynamics, SYSPRO, IBM i, etc. On the other hand, the company’s business applications solutions are developed, integrated and launched on premise, mobile and on cloud platforms to improve efficiency and business performance. Customers can upgrade their platforms without the necessity to rewrite the applications, due to the simplified and straightforward way the solutions were built the first time. Technology provided by the company enables the  development of mobile applications as well, which are affordable on tablets, smartphones or cloud platforms.

Due to strategic partnerships with worldwide IT leaders such as IBM, Microsoft, Oracle, Salesforce, and SAP, the company is able to ensure high-quality products and services. The customer database includes financial institutions, global banks, public institutions, agricultural entities, healthcare chains, international organizations, various small and medium-sized enterprises as well as utility companies.

The target company should have products and services that are compatible with the buyer company such as:

• Application platform
• Integration solutions
• Digital transformation
• Cloud computing
• Application integration
• Data integration

Other IT services should include planning, management and consulting services for large infrastructures, technology implementation strategies, cybersecurity, command and monitor and other areas.

• The buyer is an international software developer
• The company is growing fast, and the owners are looking to expand the business in the German market
• The management is targeting companies with specific features in terms of profitability, size and products