Mobile app development company in Eastern Europe for sale

Mobile app development company for sale

• Revenue: > 5 million EUR
• Net Profit: > 1 million EUR
• Employees: > 100
• 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 ITS569

Overview of the mobile app development company in Eastern Europe for sale

The company for sale is a software development enterprise. They support their customers throughout the journey starting with product creation from idea to launch and scale-up. The business grew rapidly, due to excellent clients and the high-class services provided. Over the last few years, it expanded internationally in various countries such as the UK, the US, and the Netherlands. At this stage, there is no need for the company to conduct sales and marketing activities to promote the business because they are approached by clients and need only to filter the projects. Most importantly, the company takes good care of its client portfolio making sure it is diversified.  As a result, this minimizes the financial impact in case a client drops a commercial contract. For this reason, not a single client exceeds 15% of the company’s overall revenue. Also, the clients’ location is very diverse: 40% of the clients are from the US, 30-40% are from Europe and the UK and the rest are from Australia. The shareholders of the company are planning to grow the business. However, they are very flexible regarding leaving or staying in the company after the sale. They have planned to grow the company to 200 people over the next few years and are very close to succeeding. They also have flexible and reasonable valuation expectations, but they need a strategic buyer able to take the business to the next level.

Profile (strategy) of the mobile app development company in Eastern Europe for sale

The owners of this mobile app development company managed to grow a robust business that is continuously developing and expanding. The team of more than 100 people is specialized in solution development, design, testing, and project management. The fact that the company is located in a city with many technical universities, provides access to a large pool of candidates for further team growth. Financially, the company is doing very well. They record more than 5 million euros in revenue with a net profit rate above 20%, which is incredible considering this is a service business. Above all, the main focus of the company is to build products that make a difference in improving people’s lives. The team helps organizations to define their product, design a prototype, and develop MVPs that can be built and scaled to a successful product.

The company is best known for its iOS, Android, and web apps that are available to millions of people and allow enterprises to achieve their business goals. Their approach is for user-centered mobile app design, meaning decoding the user’s needs and expectations for a great product experience. The team uses the best technologies to ensure high data security and overall app performance. The engineering is based on agile development methodologies to ensure the apps are intuitive, engaging, and scalable. IoT integrations within various industries are employed, adding business value. In addition, the team is experienced in working on a wide range of devices such as drones, beacons, electric scooters, chips, or automotive hardware.

Activities and services of the mobile app development company in Eastern Europe for sale

The company for sale is active in the following areas:

• Software development
• Product UX and UI design
• Mobile and web development
• Quality assurance
• iOS and Android
• IoT
• Machine learning
• Testing

Highlights of the mobile app development company in Eastern Europe for sale

The company is active in providing mobile and web app development services
The business is very prosperous with high profitability rates
The owners are open to talking with strategic buyers that are interested in growing the business at the international level

More information on this mobile app development company in Eastern Europe for sale

Please get in touch if you are interested in learning more about this mobile app development company in Eastern Europe 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.