Public sector digitization company in Eastern Europe for sale

• Revenue: > 5M EUR
• Employees: > 50
• EBITDA margin: > 16%
• Location of the Public sector digitization 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 ITS342

This IT company is specialized in providing digitizing services to organizations from diverse industries, especially to public sector entities. The company is a pure Technology enterprise with shareholders that are businessmen active in the IT and Electronics Application Development. Since the inception of the business, there were invested more than 4M Euro for Research & Development activities that ensured the creation of innovative solutions and services associated. The team consists of experienced and highly specialized 55 people with significant longevity within the company and with deep understanding of customers’ services. In order to maintain its employees’ high level of work, the company continuously engages them in training and courses. Moreover, the flexible personnel scheme and the relatively low personnel cost lead to substantial profit margins. The revenues recorded are more than 5M Euro and the trends are growing. The services applications are related to areas such as Integrated Information Systems, Web & Mobile Applications, File Digitization & Image Processing (applications for digital conversion of all types of documents), Document Management & Workflow Management, Automatic Recording System of Medical Reporting, etc. The company is rapidly growing and has the potential and desire to become a market leader in the following years.  For this goal to be accomplished it is needed for a strong support from a strategic partner, a larger IT organization with the necessary means and resources to help the business to reach the next level.

The company has around 20 years of presence on the market and it is known for its innovative and state of art solutions provided to a variety of industries. It uses cutting-edge technology and has a steady rhythm of growth while records a high percentage of satisfied clients. Its mission is to provide innovative applications through a broad range of services enabling clients to grow, develop and improve their business processes in order to become more efficient and competitive. The company’s business objectives consist in achieving product innovation, high quality service delivery, international growth and industrial mark. R&D department is a very important aspect of the business, that’s why the company is doing continuous investment in equipment, software suits and new services. In the same time, there is a constant strategy to establish partnerships with leading industrial players that allow the company to stay on its pioneering path.

For organizations with large volume of documents, file libraries, publications, printed and audio-visual materials the company delivers applications of file compression and digitization. Especially entities from public sector need the software platform that digitizes and manages all types of printed and electronic documents stored in data base. The valuable tool can be used for a certain annual subscription. The company develops also applications and systems for mobile & web and has a special focus on the quality of the final product which is customized and completely adapted to the customer’s unique needs (open source software based).

The company for sale delivers the following services:

• File Digitization & Image Processing
• Workflow & Document Management
• Archiving
• Mobile and Web Application Development
• Digital Signatures
• Automatic Recording

• The company develops digital solutions for public sector
• The solution helps the clients to optimize business processes
• The company has very strong R&D activities
• The owners are looking to talk with potential investors that are interested to grow the business in Eastern Europe