Buyer for software development company in Western Europe

• Revenue: 3-10M EUR
• Employees: not decisive
• Location of the target: Western Europe (Germany / Belgium)
• Reason for acquisition: The company is a large software development corporation. It has a strategy for growing its operations in Western Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB137

The buyer has a long-time experience in software development producing solutions for large organizations worldwide. The high-quality service is delivered to independent software vendors and corporate end users. The company is a master in process optimization and has the technological power to respond quickly to any need of development that might appear in a client’s activity. To keep up with the technological trends, the company constantly enhance its expertise and know how in various fields of technology, business logistics and development processes. The team is formed of more than 300 professionals and industry experts, the company is always ensuring it employs the best architects, analysts, designers and programmers able to deliver exceptional results. Most of the customer relationships are long-term collaboration due to the fact that clients appreciate the solid experience, strong commitment, vast knowledge base and high planning, quality and rigorous budgeting practices established. The company is owned by a VC group that is looking for growth via acquisitions. In the moment the buyer is searching for profitable software development businesses. The target company could be an enterprise with revenue between 3-10M euro and that could function as a sales office in Western Europe.

The buyer is an important outsourcing partner with its transparent development process, best-in-class products and outstanding customer satisfaction. The company managed to become a long-term partner for nearshore software development providing top quality services in application construction, quality assurance and maintenance. The company’s clients come from all types of industries, most representative being e-commerce, finance, information technology, healthcare, insurance, service providers, human resources, traffic & mobility. The enterprise can ensure structural optimization in almost every area and its main focus is to expand the knowledge base and the team of experts so that can continue to keep its customers satisfied. The team has knowledge in multiple technology stacks and verticals and has the necessary resources to accommodate the customer’s changing requirements for development capacity and expertise.

From a technology point of view, the company has experience and expertise in all types of operating systems, frameworks, database management systems, development methods and programming languages. It delivers services such as cloud migration, quality assurance, architecture design and DevOps delivery and integration. But the main activity is represented by development and maintenance of innovative software. The software development process is transparent, mature and is constantly improved in quality. Some of the technologies and programming languages used are for Web (React, Angular, Symfony, Node.js, Ruby, etc.), Mobile (OS, Android, Xamarin, ReactNative), 3rd party integrations (Sales Force, Microsoft Dynamics, DICOM), Automated Testing (Jasmine, Karma, Codeception, MSTest), Data (Microsoft SQL Server, MySQL, PostgreSQL) and Cloud (Microsoft Azure Services, Amazon Web Services). The company is doing also preventive and corrective software maintenance, the support team resolving problems quickly and accurately.

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

• Software Development & Maintenance
• Software System Architecture Design
• Cloud Migration,
• Quality Assurance
• DevOps Delivery & Integration
• Training
• Support
• Consultancy

• The buyer is active in software development and maintenance
• The buyer has long-time presence and extensive experience on the market
• The company is owned by a VC group that is looking for growth via acquisitions
• The buyer has decided to enlarge its activities in Western Europe and is looking to buy another company with similar activities and services