Near shore development company in Eastern Europe for sale

• Revenue: > 5M EUR
• Employees: > 60
• Valuation: > 5M EUR
• Location of the Near shore development company: Eastern Europe
• Reason for sale: The owners want to grow the company in Eastern Europe, therefore are looking to talk to interested investors
• #CFIE ITS454

The company is a software development enterprise that builds websites, mobile apps and various other IT solutions in a combination of near shore and offshore development services model. IT outsourcing is one of the main activities together with computer services, data processing and IT education. Aside from building responsive websites & imaginative apps, the company also develops, maintains and supports software solutions for leading players from diverse industries such as automotive, mobile/telco, financial services, utilities, logistics, publishing, media and digital marketplaces. The team is focused on creating highly interactive websites and highly functional apps, it is experienced in managing big data projects both on-premise or in Cloud. Some of technologies used are Java, Ruby, PHP, Node.js, .Net, iOS and Android languages, Hippo, Liferay, Drupal, Magento, Ruby-on-Rails, WordPress frameworks, etc. The company registers more than 4M Euro revenue and employs around 60 own staff people and other 50 people in a project-contract base collaboration. For a suited and strategic buyer, there can be built a bigger working team very rapidly. The owner is open to talk with potential buyers that are interested in taking over the company. Valuation expectations exceed 5M Euro; however, the owner is willing to discuss this matter with interested parties.

This near shore software development company is specialized in product engineering and combines near shore development activities and on-client-site working so that can be delivered the best web applications and mobile apps for the clients from various industries. The company is focused on creating complex business applications that help organizations to keep up with the technological development. The team has a wide set of tools that can be applied to major projects and a very detailed robust methodology to deliver the projects. The team supports the customer either in building a platform from scratch, to rebuild an existing platform owned by the client or to build/rebuild a product able to perform new configured tasks. There is used the SCRUM agile methodology in order to decrease costs, minimize risks and to adapt to rapid changes in project requirements. The company has certified SCRUM masters that apply a customized version in the projects.

The company develops mobile websites and native apps focusing on creating dynamic user experience and on building solid infrastructures able to support an integrated device approach. There are used Lean Product Development practices and Agile Development methodologies in order to obtain a fast user feedback and cover the core business goals. Minimum Viable Product philosophies are put in practice to satisfy end user expectations. To allow users to test as soon as possible the potential product the team delivers a prototype that would be used later in production. The tests are done first on a single platform after which the product can be developed on other platforms as well. Usually the team develops first on iOS and proceeds after for Android, Windows Phone or cross platforms such as Adobe PhoneGap and Xamarin.

The company for sale delivers the following services and solutions:

• Near Shore Software Development
• Websites & Mobile Apps Development
• Design
• Data Processing
• Offshore Outsourcing
• Product Engineering
• Digital Marketing
• Training & Support

• The company is a provider of near shore software development services
• The company builds websites, mobile apps and various IT solutions
• The company uses Agile Development methodologies
• The owners are open to talk with potential buyers that are interested to grow the business in Europe