Buyer for an automotive software development company in Europe

• Revenue: 15-100M EUR
• Employees: > 100
• EBITDA: > 5M Eur
• Location of the target: Europe
• Reason for acquisition: The company is a worldwide key player in automotive software development industry. It wants to grow its operations in Europe by doing acquisitions of another similar companies, therefore the management is open to speaking to interested sellers
• #CFIE ITB064

The company is one of the largest automotive software companies in the world with offices in Europe, China, US, Japan and India. It has a history of M&A deals and now it is looking to expand its business in Europe by doing an acquisition of a company that activates in IT industry and has expertise in automotive software development sector, IoT sector, smart vision or artificial intelligence sectors. The target company should have employees between 100-2000 people, should have a revenue target above 15M and should register an EBITDA above 5M. Positive net profit is also a strong condition. The target’s preferred experience should also be in developing solutions related with HMI (Human–Machine Interfaces), IVI (In Vehicle Infotainment) and Cockpit development. The possible synergies the buyer will bring to the target will be global customer base and world leading automotive technology.

This buyer has invested a lot of efforts in developing technologies that support automotive software solutions. It has a wide network of partnerships with key technological players that provide various components such as chips, terminals, smart devices and mobile software infrastructures represented by Android, Linux, Windows and HTML5. The company has managed to build ample technology systems, starting from hard drive, operating system kernel to middleware and superior applications being focused on delivering innovation technologies used both internally and externally by other developers from the industry.

The company has an extensive experience in delivering IVI solutions of current and next generation technologies in order to help vehicle owners to have a performant connected car. These solutions have to be based on a highly optimized software able to provide all the security, connectivity, usability and performance expected. In this light, the company works with key providers of automotive silicon and develops smart IVI solutions compliant with ADAS information, meter clusters and other systems. Using high performance SoC and rich OS-es that can be adopted into IVI technical platforms, the company is able to provide hardware design, OS development and customized solutions for IVI terminals. And so there are born Infotainment system solutions based on Android OS, Linux OS and Radio & Multimedia Solution based on RTOS.

To deliver high quality HMI features, the company ensures tools and services for development of progressive digital user interfaces. The products consist in a visual design studio that meets the requirements of the designers, highly quality 3D services that ensure excellent graphics performance and an original connectivity platform that enables the users to integrate diverse data into one HMI solution. A performance analyser tool allows the user to test all characteristics that affect the performance of Human–Machine Interfaces.

The buyer is looking to acquire a company that delivers solutions for the following:

• Human–Machine Interfaces
• In Vehicle Infotainment
• Cockpit Development
• Phone Projection
• Vehicle Security
• Vehicle Connectivity
• Performance Analysis

• The buyer is a worldwide provider of automotive software development solutions
• The buyer has decided to enlarge its activities in Europe via acquisitions
• Target companies should be large and profitable