Proprietary software development company in Europe for sale

• Revenue: > 5M EUR
• Employees: > 120
• EBITDA (expected): 1.3M
• Location of the Proprietary software development company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS330

The company for sale is a leading IT enterprise in search of investor. It has been active on the market for more than 20 years during which it completed more than 400 projects, has served more than 50 clients located in more than 20 countries. The team is formed of around 120 dedicated professionals with skills and competences in various technologies and services related to software development and consulting. The business records more than 5M Euro (6.2M Euro expected) with a positive EBITDA of 1.3M (expected). Most of the revenue is recurring and comes from established clients. The company has zero debt and financial leverage. The owners are open to sell up to 100% of the capital to a suited buyer able to take the company to the next level. Interested parties in this Proprietary software development company for sale are invited to contact CFIE team for more details.

The company for sale has a long time experience in delivering successful projects in European developed markets. It is active in providing software development and consultancy services to leading companies in Western Europe and North America. It also provides proprietary software development services to clients from industries such as Banking & financial services, Industrial engineering, Manufacturing, Maritime, Logistics and Public sector. The team has various competences in technologies related to Frontend, Azure, Processes, Microsoft, OSIsoft, 3D/AR/VR.

The company has experience in 3 main services areas: Business Process Automation, Industrial Internet of Things (IoT), Computer-aided Design and 3D Simulation. Business Process Automation is represented by developing custom applications for the web, desktop and mobile. It also refers to services such as legacy IT systems integration, upgrade and cloud migration. In the same area the team is also known for providing process-driven custom software development services. In the IoT field, the company performs operations such as collection, analysis, and visualisation of big data. It is also involved in doing real- time monitoring and predictive maintenance as well as notifications, alerts, and process escalations. CAD and 3D simulation services provided by the team deal with activities related to Augmented and Virtual Reality, Computer-Aided Design software development and Training simulators for the marine and offshore industry.

The company for sale delivers the following services and solutions:

• Proprietary Software Development
• Business Process Automation
• Industrial Internet of Things (IoT)
• Computer-aided Design and 3D Simulation

• The company is active in providing specific software development services
• The company delivers solutions that automate business processes
• The company records very good financial results and has great perspectives for growth
• The owners are looking to talk with potential investors that are interested to grow the business in Europe