Reason for acquisition: The company is a software development enterprise that delivers specialized solutions to companies active in the tour operator sector. This company has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
#CFIE ITB038
Overview of the software buyer for tour operator companies in Europe
The company is a well-established player in the sector of software development for tour operator companies and is looking to grow its business in Europe via acquisitions. This large entity wants to diversify its products and services and also plans to gain new clients, therefore is interested in discussing possible deals with other software development companies that operate in the tour operation domain. The company to buy should be a European established business specialized in providing software solutions that bring efficiency and competitive advantages to travel companies. The target company should also have a strong client network in order to help in strengthening the market position for the new entity that will be born.
Profile (strategy) of the software buyer for tour operator companies in Europe
The buyer company has more than 8 years of activity and around 150 employees with expertise in a tour & activity booking engine, payment gateway and mobile app development. The company is a booking software enterprise that is specialized in developing and delivering a platform that contains sales, management and growth functionality for booking companies. Due to these solutions, the user can double the industry conversion rate in terms of bookings and payments, can get automated management operations and automated administrative tasks resolved and can sell their services using a top online travel agent with various channels available.
For companies that want to increase their online presence, the company provides an online booking and administration solution. The platform has features for sales, activity management, growth of the business and advanced features as well for large enterprises that need custom solutions. Clients that use this platform are tour operators, tourist offices, leisure activity providers or rental services. Payment prices come in 3 packages, for small companies, professionals or for large enterprises. A free trial version is available to users who want to experience the platform before making a commitment.
The platform has functionalities that support the growing business, with business analytics tools the users can monitor the growth of their operations and can make decision based on real time factors. The Point of Sale Desk solution provided by the company helps the agent companies to increase their sales on any device. The interface is rather simple and effective, it has only 3 tabs (Activity, Calendar and Last Bookings), but is capable of organizing complex processes such as creating accounts for agents and resellers, generating discount codes, setting up commissions, tracking payment and agent performance, collecting payments with secure links and many other features. This results in more people completing reservations online due to the customized booking page, integrated payments and a booking process that is quick and fast for the customers.
Activities and products of the software buyer for tour operator companies
The management is looking to acquire a company that operates in the same activity and has similar services and solutions such as:
Booking engine
Website integration
Mobile app
Invoicing
POS desk
Payments and deposits
Content management system
Reporting
Channel manager
Business intelligence
Mobile tickets
Support and training
Highlights of the software buyer for tour operator companies in Europe
The buyer is a well-established player in the software development sector for tour operator companies
The company uses booking engine and integration technologies to increase efficiency
The company has decided to grow its activities in Europe and is looking to acquire another company that has similar activities and products
Target companies should provide software development solutions for booking operations and should have a stable portfolio of clients
More information on this software buyer for tour operator companies in Europe
Please get in touch if you are interested in learning more about this software buyer for tour operator companies in Europe. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.
Subscribe as a seller for this Software buyer
Please use a company e-mail address. No Hotmail/Yahoo/Googlemail etc.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a real opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy, and fit with the target. There is also a possibility that your details will be kept on file, and we will get back to you once there is an opportunity to do a transaction. CFIE cannot guarantee you will receive an answer to your request.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.