Software services company in Eastern Europe for sale

• Size: large
• Revenue: > 15M EUR
• EBIT: > 3M EUR
• Employees: > 400
• Valuation expectation: > 20M EUR
• Location of the Software services 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 ITS443

The company for sale is a software development services enterprise with sales of more than 15M Euro and with an EBIT rate of more than 3M Euro. It employs around 400 people that are specialized in delivering services such as software development, advanced engineering, DevOps, IoT, ERP. There are delivered also business solutions that are based on technologies related to areas such as Machine Learning, AI, Biometrics, enterprise platforms. The team develops highly complex solutions for companies for industries such as Telecom, Automotive, Publishing, Financial Services, Retail, Manufacturing. The company is the software engineering partner for companies around the world, its clients come from more than 20 countries on 4 continents. The company knows a very high rhythm of growth (30%+ per year). It is not looking actively to sell, however, is open to speak to interested parties that want to pay a premium multiple for a fast growing software development company.

The company has been present on the market for more than 15 years and has managed to grow very quickly so that it became a preferred software engineering partner. The company uses the latest technologies in helping large corporations from worldwide to overcome technical challenges. It brings practical uses of new technologies such as Machine Learning & AI, Anomaly Detection, Blockchain, Chatbots & Biometrics. The team drives agile transformation by building robust, scalable platforms for enterprise applications such as Omnichannel Customer Experience, Microservices & Cloud, Enterprise Content Management, eCommerce & Marketplaces. The team’s advanced engineering skills demonstrate a deep expertise in embedded, automotive, networking and IoT software fields. The company’s engineers and software developers build web platforms and mobile apps, deliver user experience consulting and user interface design, generate the premises of automated testing and have outstanding capabilities in creating automotive embedded system solutions.

As a way of working, software implementation process follows a certified process of development and testing, functional safety expertise being ensured by dedicated safety engineers. When developing an innovative software solution, the product is rapid prototyped before embarking on a large scale project. The approach is focused on security, applicability, decreasing technical debt and on ensuring the project meets the high quality requirements. There is employed a secure software development life cycle and there is delegated a security architect that works closely with the project’s technical leader ensuring the security principles are in place. In decreasing and monitoring the technical debt, the team holds on to the best practices by using a variety of internal tools. To make sure quality assurance process is held in the proper way, the test plan is defined when a project starts and it covers topics such as testing deliverables, testing types, test automation, choosing testing frameworks, testing tools and programming language, entry and exit criteria, pass and fail criteria, environments, test results reporting, measured QA metrics and QA risk analysis.

The company for sale delivers the following services and solutions:

• Embedded Software Development
• UX & UI Design
• Custom Software & Testing
• DevOps
• ERP/CRM Development & Integration
• Enterprise Mobility & Transformation
• E-Commerce Integration
• Software Solutions Implementation
• Mobile Applications
• IoT
• Machine Learning & AI

• The company is active in the field of software services
• The company delivers a variety of software solutions and is experienced in multiple technologies
• The company is growing very quickly
• The owners are open to talk with potential investors that are interested to grow the business in Eastern Europe