Notary software company in Europe for sale

• Revenue: < 5M EUR
• Employees: < 10
• EBITDA rate: > 20%
• Valuation expectation: around 1M EUR
• Location of the Notary software company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS353

The company for sale is a specialist in document management, workflow, scanning and barcode recognition fields. Simply put, it is a company that delivers a document management tool for notaries and offices, a solution that helps people with debt issues (software currently runs locally in these offices). Software is programmed in MS VB6 and connects to Microsoft. Aside from notaries which are the main end-customers, the client portfolio includes a broad variety of industries such as transport, administration, debt restructuring, administration offices, legal profession and wholesale. The software itself is continuously developed and updated with new features in order to suit the industry changing needs. Before the product is delivered, there are in detail preparations for the solution proper introduction and use. The company is looking actively to sell because the owner wants to retire. There is a good manager in place to run the company, a lot of software functions and long-time contracts with clients. The valuation expectation is on market level. The most obvious buyer is a company that already supplies software to notaries. However, other potential buyers could be software companies that provide solutions for liberal professions and offices such as accounting, law, medicine (including veterinary), architecture, consulting, etc.

The company has been active on the market for more than 30 years and is recognized for delivering specialized solutions for document management and work process improvement. The organization has a team of professionals with high technical skills and experience in product development, sales, maintenance, support and consultancy. During the development process, the team’s goal is to offer a product with clear features that reduce operational costs and increase business efficiency of the clients. For this it is needed to understand the client’s working methodologies, his needs and requirements. The team is used to listen carefully and to prepare a plan that meets the objectives established by the client. After the checklist of key procedures, it is structured the product design and the functioning method. Only after these procedures take place the smooth implementation is carried out.The solutions offered are able to seamlessly meet the needs of a diverse businesses of various size. There is a broad range of applications, from simple capturing solutions for small firms to complex intelligent scanning suits for large organizations.

In consequence,the product portfolio includes 3 different software products for 3 specific targets: a DMS system with numerous optional functions, a simple scanning solution that saves the mail / files and the high-end scanning solution for large to very large volumes of mail. The first product is very professional, affordable and contains additional features such as workflow, checklists, progress monitoring, text search, document & file recognition, barcode recognition, MSOffice links and integration with the client’s existing office systems. The second one uses the barcode recognition to automatically extract and save files & mails from a record-base. The third product is a large scanning solution for enormous volumes of mail. It uses barcode recognition to process the mail and sends it to the office applications and systems.

The company for sale is active in the following fields:

• Document Management
• Scanning
• Capturing
• Workflow Management
• Barcode Recognition
• Solution Implementation
• Consultancy

• The company developed software solutions that help notary businesses to manage office operations
• The company is very profitable with long-term contracts
• The owner is looking actively to sell the company because he reached the retire age