Software development and consulting company in Europe for sale

• Revenue: > 3M EUR
• Employees: > 70
• Location of the Software development and consulting company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS482

The company for sale is a software development and consulting enterprise focused on delivering custom solutions that enable organizations to achieve their digital development strategy. The company grew very fast; in a single year it went from a team of 8 people to one with 70 highly skilled professionals. The business is very profitable; the revenue is of around 3m Euro with an EBITDA of 800k. They work with very large clients from US and Europe (Germany, UK, Finland, etc.), but have also small clients. The company is not dependent of one or two clients; in case a client leaves the business will not be majorly affected. The way of working is to have big projects taken entirely, very rarely the team takes pieces of a project. The company is not actively looking for sale, the owners are interested for opportunities of growth. They could sale the entire company, but this is not their ideal goal. They would be interested in a partner that could come with further possibilities to grow the company and are very open to sell a majority stake. After the business is sold, the owners are planning to remain within the new entity and help it reach the next level. In case there is needed to expand the team, the HR department is able to find and hire more professionals.

The company offers software outsourcing services and product development. The team covers the whole spectrum of software development enabling clients to improve their business processes and become more competitive and efficient. This can be done either in the early phase of digitization or later when the growth stage demands new ways of doing business. The software development process is based on Agile and tailor-made approaches for each client. The end to end solutions are developed using several technologies such as JavaScript, Perl, Node.js, React or React Native, Java, Python, Scala, Go. The products are custom made to respond the specific needs of various industries. There are provided end to end product engineering services: from technology strategy to full life cycle support. The team analyses, builds and tests the solutions over and over again until the product is entirely compliant with the customer’s requirements.

The company provides consulting services to help clients clarify their digital strategy. The team advises and offers knowledge about the right technology to be used for specific products, industries or businesses making sure the IT goals are achieved. There is drawn a development roadmap specifying the tools and means; there is designed the product architecture and the implementation after which is offered the support for the system maintenance and validation. Key consulting services delivered include Strategic Planning & Business Analysis, Project architecture, User Interface and Design, Prototyping and User testing. The company is also involved in software testing activities and in cloud related services combining various technologies to automate business processes in order to enable digital transformation and development.

The company for sale delivers the following services and solutions:

• Custom Software Development
• UX/UI Design
• Software Testing
• Cloud Solutions
• Network Administration
• Application Deployment
• Server Setup & Configuration
• Support & Consulting

• The company is software development and consulting enterprise delivering custom solutions
• The company enables organizations to develop digital strategies and improve business processes
• The company grows very fast
• The owners are looking to talk with potential investors that are interested to grow the business in Europe