Software development engineering company in Europe for sale

Software development engineering company for sale

• Revenue: > 4 million EUR
• Employees: > 100
• Location of the software development engineering company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS533

Overview of the software development engineering company in Europe for sale

The offered company is an IT enterprise operating at a global level. Its main service, custom software development, is delivered to a broad portfolio of clients worldwide. The company is recognized for its strong potential for further expansion within the existing market and even into new markets outside the country. The business can grow by developing current partnerships and also by broadening the existing client base with new contractual relationships from various countries. It is a profitable company with a strong and consistent financial performance year over year. It records revenues of around 3.5 – 4 million euros and has a healthy balance sheet with no debt and with stable cash flow. The owners are looking to sell the company due to retirement plans. They are open to an offer of up to 100% of the share capital for the acquisition. The current management is going to support the transition. The shareholders are willing to stay for a transition period after the proposed transaction, depending on the wishes of the prospective buyer. A potential buyer could be a larger software company that is looking for a business with specialized teams, a wide and loyal customer base, and deep knowledge of the market in which it operates. More details about this company will be offered once an interested buyer contacts the CFIE team.

Profile (strategy) of the software development engineering company in Europe for sale

This software development engineering company has more than 20 years of presence on the market and during this time it managed to grow the team from 3 members to more than 100 dedicated and experienced professional software engineers, QAs, and consultants. The very skilled team makes this company a profitable and growing business that is ranked highly in the local market being one of the most dynamic IT organizations in the region. The team is comprised of both young specialists and experienced professionals, so the company has innovation, proven methods, a high spirit, and energy. The ownership of the company is shared among three individuals who make up the management board, acting respectively as CEO, CFO, and CIO. The growth of the local market in the coming years is expected to exceed 30%. As for the company’s prospects, the management foresees growth to continue moving forward and projects revenue at the end of the year of 4 million euros with an EBITDA of 0.7 million euros and a net profit of around 0.4 million euros.

The company has built partnerships locally and abroad. It has a large number of clients, some of them being long-term relationships. The client’s satisfaction and long-term collaboration demonstrate the team has consistently delivered high-quality products and services. The company is active in the domestic and foreign markets (DACH, UK, Canada, USA, etc.). It has an abundance of clients from a wide range of sectors such as banking and financial services, healthcare, technology, pharmaceutical, and many others. The main strength of the company is represented by the software engineering services. The team creates sophisticated and reliable business applications and develops complex software solutions. The technical knowledge ranges from front-end and back-end technologies to SaaS/cloud solutions, frameworks, and databases. Methods used include Agile, automated testing, Extreme Programming, etc.

Activities and services of the software development engineering company in Europe for sale

The company for sale delivers the following services:

• Software engineering
• Remedy and ITSM development and consulting
• Testing and quality assurance
• Product development and management
• Outsourcing

Highlights of the software development engineering company in Europe for sale

• The company for sale delivers software development engineering services
• The business is very profitable with a high potential for growth
• The owners are planning to retire, therefore are looking to talk with potential buyers that are interested in taking over the business

More information on this software development engineering company in Europe for sale

Please get in touch if you are interested in learning more about this software development engineering company in Europe for sale. For more software development companies for sale please visit the section software development companies for sale. For other software development buyers, please visit the section software development companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.