Electrical engineering software company for sale

Revenue of the software company: < 1 million EUR
Employees: < 3
Profit: > 100,000 EUR
Valuation demands: > 500,000 EUR
Location of the electrical engineering software company: Western Europe
Reason for sale: The owner is planning a gradual retirement and wants to sell to a strategic buyer that is active in the European electrical engineering market
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Overview of the electrical engineering software company for sale

The owner of the electrical engineering software company has developed a software tool that helps engineering companies to calculate the total meters of electrical cables that are needed when a new house is built. The company for sale is run by this owner for a very long time. The owner is still enjoying the work but is planning to retire. Now the company needs a new owner that can help it grow to a European position. The ideal buyer could be a supplier to electrical engineering companies that are active in the building and construction industry.

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Profile (strategy) of the electrical engineering software company for sale

IEC 60364 Electrical Installations for Buildings is the International Electrotechnical Commission’s international standard. This standard describes how electrical wiring installations in buildings need to be planned. This standard is an attempt to harmonize national wiring standards. The end result is IEC 60364 (an IEC standard) which is published and maintained by the European Union.

The Electrical engineering software company for sale currently employs a few employees. The software is now used by around 1,000 clients in its country of origin. An ideal buyer would be a company with an extensive client database of electrical engineering companies across Europe and experience and interest in software. This buyer could bring the solution to the cloud and expand the service all across Europe.

The company specializes in and solves the following problems:

Analysis of electrical cable requirements for new houses to be built
Calculation of the total amount of meters of electrical cables to be used (lines are very expensive so the total amount of material needs to be optimized)
Software configurations and annual updates
Online communication tools for planners of electrical engineering firms

Activities and services of the electrical engineering software company in Europe for sale

The services of the software company are configured around an updated database and calculation methodology around IEC 60364 Electrical Installations for buildings. Electrical engineering firms can hence easily calculate how many meters of electrical cable is required when building a new house. The regulation changes every now and then after which the software program needs to be updated according to the new regulations.

The owner is maintaining the software and a help desk is available for technical questions. The program is mostly still run on Windows with USB connectors. CAD (computer-aided design) is also active in the service portfolio of the company. The clients buy subscriptions that cost between 1,000 and 2,000 euros on average. These licenses are renewed on a yearly basis in most cases.

Highlights of the electrical engineering software company in Europe for sale

The company has a strong position in its home country for IEC 60364 electrical installations for buildings
The software is ready to be used in most other countries of the European Union
The software can increase the efficiency of many electrical engineering companies
The owner is willing to continue for many years but in the role of CTO where he helps in designing the software

More information on this electrical engineering software company for sale

Please get in touch if you are interested in learning more about this electrical engineering software company for sale. 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.

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