Buyer for telematics software development company in Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• EBITDA rate: > 15%
• Location of the target: Europe
• Reason for acquisition: The company is active in automotive electronics sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB230

The buyer is active in designing and manufacturing electronic and electro-mechanical devices for the automotive industry. It delivers assemblies such as switches, cables, power convertors, chargers, etc. In order to develop further its activities, the buyer is looking to add more services in its portfolio and improve product offering. Acquiring a company active in developing software solutions for the automotive sector could be a good strategy in achieving its operational goals. The buyer is a very profitable company with high ambitions. It has allocated funds from own resources to buy the right company. As synergies to bring to the target could be mentioned the extensive experience in the automotive industry and a wide network of clients to which there can be delivered telematics solutions. The buyer has started the acquisition process and is looking for suited targets. The wanted company is located in Europe, preferably in Germany or Italy and has domain experience in automotive and industrial fields. It is involved in creating embedded systems and has expertise in software programming for telematics, ADAS system, 360 Degrees viewing, VCU etc. made for automotive OEM around the world. In terms of revenue range, the target company can record revenues between 2-20M Euro and should be profitable with high EBITDA rate.

The buyer is specialized in the industrial and automotive industry providing electro-mechanical and electronic products. Most of its products are delivered to companies, but there are also some devices that are made for households. The team’s goal is to create innovative products with high standards of quality able to make the difference in the equipment manufacturing. Its customized automotive solutions are delivered as application based products and are designed to be cost-effective and competitive. This is a predominantly technical organization with high potential for growth. The team is formed of employees with deep expertise in the field able to create a one stop solution for clients. The company is certified with ISO 14001 and OHSAS 18001.

The team operates modern machines that carry out diverse processes such as injection moulding (both Horizontal and Vertical), Electronics Assembly, Stamping, Pad printing and Laser Etching. The capabilities include also development tools, testing systems, innovative engineering solutions, VAVE projects and various system driven processes. The approach is dynamic and flexible which allows to deploy new ideas very quickly. There are developed unique and reliable products that are specifically customized to meet the client’s requirements. The products can be both standardized such as switches or can be complex specific systems. In the engineering domain the company is very experienced and able to design and execute high-quality and sustainable products.

The buyer is looking to acquire a company that is active in developing and providing software solutions for the automotive and industrial field. The target company is experienced in software programming for telematics, ADAS system, 360 Degrees viewing and VCU.

• The buyer is a company that designs and manufactures electronic and electro-mechanical devices for the automotive field
• The buyer is very profitable with high potential for growth
• The buyer wants to improve its portfolio solutions and is looking to buy another company
• Target companies should be involved in developing telematics software solutions for the automotive industry 

Feel free to contact us for more information regarding this Telematics software development company in Europe 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 telematics software development industry please feel free to visit the section ITS companies for sale.