Buyer for automotive software development company in Europe

Company to buy

• Location: Europe
• Revenue: 3 – 30 million EUR
• #CFIE ITB375

Overview of buyer for automotive software development company in Europe

The buyer company is active in the automotive industry and specializes in cutting-edge, zero-emission trucks. Essentially, they have carved a significant niche in the European market. For example, they pioneered the electric truck movement over a decade ago. Thus, illustrating a deep commitment to environmental sustainability and innovation. Overall, their strength lies in a highly skilled engineering team and their intellectual property. Significantly, their market influence is most notable in Western Europe, where they maintain a robust market presence.

Overview of ideal targets

Currently, the buyer is actively seeking to acquire a software development company. Preferably, one that has a firm footing in the automotive industry and runs a successful core business. In addition, this prospective company would ideally have revenues ranging from 3 to 30 million euros. Post-acquisition, the target would serve a dual purpose. First by continuing to scale the buyer’s original business. And second, by managing the buyer’s digital transformation. As a result, the buyer aims to transform the target entity into a fully digitized, IT-centric operation.

More information on this buyer for automotive software development company in Europe

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