Buyer for Scandinavian IT services company

• Revenue: 1-5M EUR
• Employees: not decisive
• Location of the target: Scandinavia
• Reason for acquisition: The company is an international buyer that acquires IT companies active in various technological fields. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers from the IT services sector
• #CFIE ITB113

The buyer company is an international organization that makes investments in IT companies in order to grow its services range. It has already established an extensive portfolio of companies in which it has invested. The buyer helps the acquired company with resources, know-how and provides access to government grants, debt facilities and investment. The buyer is always eager for new acquisitions and now it is looking to buy an IT services company located in Scandinavia. The target companies should obtain a revenue ranging from 1-5M Euro and should present high interest in growing the business at an international level. Companies interested in selling should contact CFIE team for more details regarding this business opportunity.

The buyer is interested in small companies, even in start-ups, companies that lack the technical skills and are in need of capital. The buyer company provides the necessary resources (financial, human, technical, etc.) to grow the businesses it has invested in. Other services provided by the buyer to the seller would be strategy development, design, development, branding, marketing, etc., the buyer would share its network and knowledge to grow the companies acquired. The buyer’s strategy is to look out for complimentary acquisitions. In the present, it is looking for a Scandinavian IT services company to buy for one of its top product company, a cyber-security enterprise. The buyer believes a good services wing can help in extending its product offering. The goal is to add Scandinavian IT services to this cyber security company and then to list the new born enterprise to Scandinavian stock exchange for small cap companies (Nordic oem stock tech companies). The IT services company will sell the products of the cyber security enterprise in Scandinavia.

The buyer’s top product company is a well-established cybersecurity enterprise that is specialized in protecting reputation and brand integrity of corporate entities through its innovative and highly efficient software solutions for data audit, image detection and managed services. This company also helps organizations to be EU GDPR compliant. It delivers data protection services to companies located all around the globe, but mainly to companies from Europe, USA and Australia. The company supports organizations to be compliant with the rules and regulations like PCI DISS and EU GDPR, to be aware where crucial data is stored on their network, to know if their clients’ credit card information is stored according to the PCI DSS and to have knowledge if the employees store and have access to inappropriate images. The company’s solutions are tailored to match the specific client requirements. The solutions contain a critical data monitor that detects and analyses unstructured data, a PCI card checker that scans credit card info, an image auditor that scans corporate networks for inappropriate workplace behaviours and a screen and mail monitor that scans and monitors inappropriate content.

The buyer is looking to acquire a company that delivers IT services such as:

• Managed IT Services
• Server Virtualization
• Telecommunication & Network Installation
• Network Security
• Databases Configuration & Management
• Domain Registration
• DNS Hosting
• Backup Services
• System Installation & Configuration
• Remote Support
• IT Secure Services

• The buyer is an international organization that makes investments in IT companies
• The buyer helps the acquired companies with resources and know-how for growing the business
• The buyer is looking for an IT services company to acquire in Scandinavia
• After the acquisition, the target company will be listed on Nordic stock exchange and will deliver the buyer’s solutions and services

Feel free to contact us for more information regarding this Scandinavian IT services company wanted or if you know possible interested or suited parties. For more buyers in the IT sector please visit the section ITS companies wanted. For companies for sale in the ITS or software industry please feel free to visit the section ITS companies for sale.