Profile number 66155
Innovative software development company
02/05/2018 Date added
Located in
The Netherlands
General information
Sector
IT service
Type of company
IT services
Legal entity
Private limited company
Type of transaction
Shares
Life phase enterprise
Full-grown
Employees in FTE
25 - 50
Type of buyer
- MBI candidate
- Strategic acquisition
Financial information
Turnover last financial year
€ 1.000.000 - € 2.500.000
Asking price
To be agreed
Earnings before taxes
€ 500.000 - € 1.000.000
Company history/background
Company: The company is a Dutch/Eastern European fast growing innovative software development company for predominantly Dutch clients. The company builds innovative and complex software products that help start-ups, scale-ups, SMEs leverage technology to take their business to the next level. The company is experienced with the latest innovations and (open-source) technologies.
The company employs >40 (mainly Eastern European, but also Dutch) developers with various specialties, like back-end and front-end developers, mobile developers, 3D, graphical designers, project managers, etc.
Company activities
Products:
- Cloud Solutions;
- IoT Platforms;
- Web applications;
- Mobile applications;
- Big Data Applications;
- System Integrations;
- Etc.
Unique selling points
Investment Rationale:
- Financial Solid, EBITDA margin ex management fee 2017 > 40%;
- Substantial growth possibilities in the next years when sales organisation is structured;
- Recurring turnover;
- Highly skilled development team of > 40 persons;
- IT Nearshoring (Eastern Europe);
- Low profit tax ruling in Eastern European entities;
- Well known in start-up- and scale-up market;
- Positive market outlook.
Other
Structure: The transaction includes a Dutch B.V. entity, which is the parent company (100%) of an Eastern European legal that acts as the delivery unit. Additionally, the Eastern European entity holds an 50% stake in another profitable Eastern European software development company that focuses on PHP development.
Management: The company is currently owned by 2 owners. The owners wants to sell up to 100% of the company, so that the company can grow to the next level. The current owners consider themselves pioneers / builders and lack the experience to further grow and organize the company to a next level.
The owners/managers are willing to stay active for the company after the intended transaction.
Process: If there is interest, an information memorandum can be received after signing a NDA. This is followed by an introductory meeting with the management. After this meeting the interested party is invited to do an indicative offer.
Innovative software development company
Region
The Netherlands
Sector
IT service
Type
For sale
Turnover
1.000.000 - 2.500.000
Overname
To be agreed