Buyer for SaaS purchase to pay software company in Western Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• Location of the target: Western Europe
• Reason for acquisition: The company is a European group activating in business software.           It has a strategy for growing its operations in Western Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB103

The buyer is a large group that invests in software companies related to financial processors and that has proven track record and a solid client base in markets such as P2P, O2C consultancy, RPA. The buyer’s strategy for the next years is to broaden its portfolio in O2C (Order to Cash) segment, preferably with SaaS solutions/own IP. The group is looking for companies that offer an interesting portfolio that it’s in line with the buyer’s growth strategy, the management is open to investigate various investment opportunities in further detail. Target companies should have the following characteristics: they should be affiliated with business software – development and / or sell and implement business software; they should also have a leading position in their market segment and should register revenues between 2-20M Euro. The buyer has strong expertise in growing a business software company and has a vision for long-term horizon.

The buyer is a large European group that offers software solutions for companies to optimize their purchase to pay process. The solutions are based on smart ERP software and help organizations to automate their processes, increase productivity, reduce errors, achieve costs benefits and deliver important information useful in decision-taking process. The range of solutions that can be implemented is very wide, there are solutions for invoice processing & e-invoicing, OCR scan & capture, purchasing management, contract management or declaration management. For all of these fields is very important that the software is easy to use and easy to be accessed from anytime and anywhere. If at the beginning the company’s scope was to be concentrated on invoice automation, as its position on the market grew stronger, the company decided to widen its focus and started to create solutions to be applicable to the whole purchase to pay process.

The company’s goal is to provide solutions that continue to drive development and improvement of an enterprise, so the team developed software packages that respond very accurate to an organization’s specific needs. The e-invoicing solution created in house enables companies to take it to the next level of digitalization, from paper records to encrypted electronic invoicing. This is a way of automating the invoice flow, thus gaining time and efficiency. The e-invoice file is standardized and is processed directly by the ERP financial system without the needs of using OCR software. The solution can manage all kinds of file formats and allows various delivery methods. The purchase management solution on the other hand offers an efficient method to manage all the purchase to payment process and to gain more control over the enterprise’s purchases. Other solutions for reporting and processing such as a software for management of expenses enforce the company’s mission to support enterprises to become more efficient and easy to manage.

The buyer is looking to acquire a company that operates in the same activity and has similar solutions such as:

• Invoice Processing & E-invoicing
• OCR Scan & Capture
• Purchasing Management
• Contract Management
• Expense Management

• The buyer is a European company that develops purchase to pay software solutions
• The company has decided to enlarge its activities in Western Europe
• The buyer is looking for companies activating in business software development