Automotive software development company for sale
- Revenue: > 1 million EUR
- Employees: > 15
- EBITDA: > 25%
- Location: Eastern Europe
- Reason for sale: The owners want to grow the company in Eastern Europe, therefore are looking to talk to interested investors
- #CFIE ITS566
Overview of the automotive software development company in Eastern Europe for sale
The company is active in providing high-quality software development services in the automotive, IOT, and embedded software fields. It is specialized in building development tools and secure operating systems for automotive software OEMs. The team is comprised of around 17 people with senior roles in the company. They are highly experienced with automotive open system architecture (AUTOSAR), with most of the projects organized based on this specific software architecture. In addition, the company is located in a city with technical universities and has access to a large pool of professional candidates that can be approached in order to grow the team. Financially speaking, the business is very solid and prosperous. It records more than 1 million euros in revenue with a 25% EBITDA rate. Moreover, it has stable clients with long-term contracts. The seller wants to grow the company at a higher rate and is interested in having a stronger partner that will open new opportunities. The owner is seriously taking into consideration selling part of the shares (including the majority of the total sales) to a buyer able to take the business to the next level. A potential buyer could be a larger software development company with a focus on automotive and industrial automation. After the sale, the owner wants to stay in the company to ensure a smooth transition and to help the business grow further. As for the price, the owner is asking for 3.5 EBITDA.
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Profile (strategy) of the automotive software development company in Eastern Europe for sale
The company for sale has around 4 years of presence in the market. During this time, it managed to grow a solid business with a high potential for development. It is a service company and does not own any products. The team of professionals has a deep understanding of the automotive industry specifics and has tremendous experience in assisting automotive companies in developing their embedded projects. In addition, the company has developed software for all major car companies, is very flexible, and is always prepared to find the right solution together with the client. Moreover, it is able to program all kinds of embedded devices with a strong accent on automotive systems. From very small controllers to full-size ARMs, the team has done it all. In order to remain competent and advanced in its services, the company is very strong in R&D activities always focused on finding new and better technological capabilities.
The company’s solutions increase car capabilities and enable higher safety for drivers. Due to the top-quality tools provided by the team, automotive manufacturing companies are able to launch products on the market in a shorter time, reduce costs associated with product development and minimize security issues. The solutions are compatible with existing systems, they are written in Rust and can run C and C++ applications. The team has knowledge of all automotive standards, tools, and processes. Above all, AUTOSAR is a very important part of daily activities. The team is experienced in all low-level driver development, architecture, integration, adaptive Autosar, DaVinci, Tresos, ECU spectrum, and application modules.
Activities and services of the automotive software development company in Eastern Europe for sale
The company for sale delivers software development services for the automotive industry. It has experience in mechanical design, embedded programming, and prototyping.
Highlights of the automotive software development company in Eastern Europe for sale
- The company is specialized in software development for the automotive sector
- It builds solutions and systems that increase car capabilities
- The business is very profitable and stable
- The owner is open to talking with strategic buyers
More information on this automotive software development company in Eastern Europe for sale
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