Healthcare software company in Eastern Europe for sale

• Revenue: > 3M EUR
• Location of the Healthcare software company: Eastern Europe
• Employees: 95
• Profitability: 12%
• Reason for sale: The owners are open to discussing with strategic investors that are interested to invest in this company in order to grow the business in Eastern Europe
• #CFIE ITS140

The company is an independent software company that activates in developing software solutions for healthcare industry. The business is very profitable and is well financed. The management is open to discussing with interested investors that want to invest in this solid company and to enlarge its business. The ideal buyer could be a technology leader in the market that has wide network of clients in order to enlarge the company’s world-wide distribution network or to use the company’s team of specialists with more than 10 years of experience in software development for future products.

The company is operating in developing custom software applications and is focused on areas related with healthcare informatics activities such as m-Health, telemedicine or e-health. It has more than 16 years of experience in the market and is ISO 9001 certified since the beginnings, moreover, its Quality Management System is checked against ISO 13485 and IEC 62304, which is a certification for software for medical devices. It is also Microsoft Certified Partner in the Microsoft Partner Network, “Gold” level.

As main activities, the company is involved in creating and developing custom applications for non-IT companies, process development that covers requirements definition, software architecture, detailed design, coding and testing. Outsourcing and co-sourcing for software development companies, especially in the programming phase, are also activities performed within the firm. Start-ups in software development or other companies that want to improve their development process can rely on company’s experience since the team here offers consultancy services. The company is also involved in research and development projects partnering EU authorities in areas such as E-health, telemedicine and medical devices. Types of software developed here are for medical & automatized laboratories, hospitals, medical equipment & devices, interfaces between different software systems, Internet of Things, software for business processing and solutions for the security of data.

The company has clients worldwide, but particularly from US, Europe and Japan. Most of the clients are medical corporations and the company uses Microsoft technology as medical software. Some solutions are designed to coordinate medical laboratory workflows and are able to provide a real-time and consolidated picture of the lab hierarchy and all its entities. The main functions are to connect, monitor, manages orders, receive results, validate and to report to other external systems. Another solution is consisted of a personalized blood glucose predicting system that helps patients to deal with diabetes.

The company’s services and solutions bring efficiency for its clients and more satisfaction for patients. The company’s services are as follows:

• Software Applications Development
• Workflow Management
• Outsourcing
• R & D: E-health, Telemedicine & Medical Devices
• Internet of Things:  Smart House & Quality of the Air
• Business Processing: Document Management, Sales Force, CRM
• Data Security: PaaS – Privacy as a Service
• Consultancy

For being able to provide the best services, the team has specific technical skills  and uses various technologies such as C#, C++, C, VB.NET, Java, PHP, .NET 2.0, .NET 3.5, ASP.NET,  MFC, Win32, ActiveX, JSP, Unix, Linux and RT Linux. It is also partnering Microsoft using Microsoft .Net Framework and MSF (Microsoft Solutions Framework).

• The company activates in delivering Healthcare software solutions
• The company has software products and solutions that help clients to streamline their activity
• The executives are looking to discussing with strategic investors that want to invest in this company in order to enlarge the company’s world-wide distribution network