SaaS staff management software company in Europe for sale

• Revenue: > 2M EUR (mostly recurring revenue)
• Employees: > 25
• Location of the SaaS staff management software company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS430

The company for sale is a profitable enterprise that is offering SaaS staff management software solutions. It has operations in Europe, Middle-East and USA and plans to grow further in these regions together with entering in new markets such as Asia and Australia. The company is in full expansion and its management is exploring possibilities for M&A deals with companies that can benefit from the technology delivered by the team. The company can bring unique innovative technology that will give a competitive added value to a potential buyer active in developing SaaS software products. A potential buyer could be a larger software company that is active in producing software solutions for various sectors and needs to diversify its products portfolio with this staff management solution. The buyer could be also a company that has a large customer base and would be able to integrate this product into its own platform and sell it to its present and future clients. However, this staff management software product could be a good strategy to reach new clients and markets.

The company is a young enterprise with a little more than 3 years of activity. It provides planning software to support flexible staffing, with broad functionalities for all steps in the process: from recruitment to payment. By implementing the tool, companies can have their selection & planning team. The company for sale is looking for a strategic (or financial) investor to grow further in the HR space. It has 2 founders with technical and commercial skills. The company is registering revenue above 2M Euro and is employing a team of more than 25 people specialized in IT and HR fields and that have focus on CS and Sales. The management is planning to build a larger team to ensure further expansion. The company is financed through a mix of investor equity and loans. It is funded by a fortune 500 company and is looking to attract a new partner/investor capable to ensure the necessary capital to support further development. The proposed transaction implies a capital increase with 5M EUR (equity) and the exit of the current shareholder.

Most of the clients are temping agencies, but other clients come from many different industries such as facility & hospitality, retail & logistics, etc. The company’s goal is to digitalize staff management by real time innovation, to provide to organizations an efficient and modern way to manage their workers. Planning, dispatching, monitoring and payment of flex workers is complicated, therefore the company developed a full scope flex work management tool that is designed as a cloud-based SaaS model, with full circle functionality, focus on flexible staff and with innovative communication features. It is a scalable front office end to end staff management tool with functions for smart database management and staff-planning. However, the team wants to develop new smart features. In terms of strategy, the next steps would be to establish the commercial rollout in new countries and since more of turnover will come from resellers, the best actions will be to build the reseller network (temping agencies and also software distributors). The company will continue to invest in development and innovation throughout the coming years, to increase its competitive edge.

The company for sale developed a software solution that enables organizations to manage their workers. The solution helps companies in planning, dispatching, monitoring and payment of flex workers.

• The company developed a SaaS staff management software solution
• The management is planning to develop further the solution and the business
• The company needs an investor/financial partner to support the growth
• Interested buyers are invited to contact CFIE team for more details regarding this company for sale