Digital food voucher company to buy
- Size: 2-30 million euro
- Location: Germany
- Reason for acquisition: The management of a European-based provider of digital solutions for food vouchers wants to expand the business in Germany.
- #CFIE ITB285
Overview of the digital solutions provider for food vouchers wanted in Germany
A successful European provider of digital solutions for corporate food vouchers is strengthening its position in Europe and wants to enter the Italian market. The management is considering buying a small to mid-sized company in Germany. The management is also open to considering other deal solutions such as joint ventures or other types of partnerships.
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Profile (strategy) of the digital solutions provider for food vouchers wanted in Germany
The company develops and manages a digital platform that provides digital food voucher services to corporations and organizations on a global basis. The company is leveraging the opportunity to strengthen its position and technology in a huge global market that is still dominated by paper-based food vouchers. Recognizing that paper vouchers present some disadvantages such as problematic traceability for tax purposes, physical paper handling, and lack of flexibility in creating different types of employee benefit policies, the company has developed a digital platform to make the sector more effective and efficient.
The platform allows employers, restaurants, and employees to get a greater value from their food voucher benefits. Employers have a powerful tool to better manage employee benefits in a more effective and efficient manner, restaurants can use the platform to market themselves and generate more customer traffic, and employees can enjoy a wider variety of food, ease of payments, and discounts in restaurants.
The management wants to strengthen its position in Europe and is considering buying a small to mid-sized company in Germany.
Activities and products of the digital solutions provider for food vouchers wanted in Germany
The company develops and manages a digital platform that allows corporations and organizations to offer their employees digital food vouchers. The players involved in the network are restaurants on one side and employers and employees (who are the final beneficiaries) on the other side.
The platform is highly customizable for each country. It supports local regulations, laws, languages, and customer requirements and allows for management of multiple benefit policies, supports pre-paid and post-paid business models, integrates with organizational management systems (such as ERP and CRM) and with various POS vendors. The platform also supports multiple financial payment networks.
Highlights of the digital solutions provider for food vouchers wanted in Germany
The company is leveraging the inefficiencies of the paper-based food voucher market through the development of a digital platform that allows all the players involved to get a greater value. The management wants to expand its business in Europe and is considering buying a small to mid-sized freight transportation business in Germany.
More information on this digital solutions provider wanted in Germany
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