Vertical solutions development company in Eastern Europe for sale

• Revenue: < 3M EUR
• Employees: > 100
• Valuation demands: < 1M Euro
• Location of the Vertical solutions development 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 ITS456

The company for sale is a provider of software development services to leading international customers. It employs a team of around 100 professionals that are highly skilled in software engineering, design and R&D technologies. The team is very competent and knows coding inside out. The company has a loyal customer base and an excellent management. The enterprise is located in Eastern Europe (outside EU borders) benefitting from a relatively low-cost level. Other registered offices are in EU and USA. The company is stable and profitable, registers around 3M Euro revenue and has the selling price of around 1M USD. The company belongs to several long-term investors that are considering an exit. However, the top management with minority shares would like to continue as a part of the buyer’s organization. This company is an excellent opportunity for a possible buyer that is looking to expand development capabilities and international customer base. This could be an ideal match for an organization that needs additional developers or wants to insource existing projects. Acquiring the company would also provide access to big customers and presence both in EU and USA.

The company has a dynamic rhythm of growth and the owners are looking for a professional investor that can bring the company to the next level and who can benefit from the future growth opportunities. The enterprise has more than 15 years of presence on the market and during this time it managed to provide outstanding services such as development of vertical solutions, custom application development, R&D services, software testing, software maintenance and support. It is an innovative company that was able to keep satisfied major international customers. The solutions are designed to guarantee cost-effectiveness and productivity growth. The staff is very professional, works based on modern methodologies, has varied expertise and is committed to deliver high-quality services. Because the team has in-depth knowledge in multiple industry services, the company has moved from a wide-scope outsourcing sales approach to a targeted “client-tuned, problem-solving” services proposition. The enterprise is an excellent outsourcing choice due to its special geographical position that determines advantageous business and taxation conditions favourable to IT industry.

The company is active in providing custom application development services and the technologies used in this process can be summarized as it follows: .NET, PHP, Java, JavaScript, ReactJS, Angular, Android, iPhone, C/C++, Cordova, Xamarin. The company develops vertical solutions for the following areas: fleet management, accident management, claims reporting, vehicle tracking, healthcare management and IoT. The company is active also in providing innovative R&D solutions in the fields of computer vision, robotics, pattern recognition and geographic information systems. Some of the company’s clients are Independent Software Vendors that can outsource parts of their activities. Other clients are Application Service Providers and the company helps them to expand the offering and provides support for their existing software/systems.

The company for sale delivers the following services:

• Development of Vertical Solutions
• Custom Application Development
• R&D Solutions Development
• Software Testing
• Maintenance
• Support

• The company is active in providing custom development of vertical solutions
• The company is located in a friendly and promising business environment
• The company has international and loyal customer base
• The owners are looking to sell the company to a potential buyer
• The management would want to continue with the new-formed company