Proposal Brief
Industry
Information and Communications Technology-ICT
Sub Industry
IT Services and Consulting (IT Services)
Deal Size
INR 80 - 200 Cr
Dilution
>50 %
Preferred Location
India
Region
Across India
Looking to acquire
B2B Services businesses
Open for Distressed Assets
No
Target Requirement
The buyer is looking to acquire a pure IT Services company based in India. The buyer is looking for an acquisition through cash (initially acquiring a majority stake in the range of 70-80% and the remaining after a transition period of 2 years), ensuring a smooth handover and continued growth.
Target Criteria:
- Employee count >200
- Delivery centers located in India
- More than 50% of revenues are derived from
foreign clientele, including the United States. - Revenues should be in the range of $10-20 Mn, having healthy EBITDA margins of >=15%
- Expertise in servicing sectors such as Finance, Geospatial, Industry 4.0, Automotive, HealthTech and Lifesciences, EdTech, etc.
- Current owners/top management who are interested in remaining with the company post-acquisition
Buyer Profile:
The buyer is a seasoned operator with a robust portfolio, seeking to expand their presence in the Indian IT services sector. They have over 1,500 employees and generated approximately EUR 100 million in revenue last financial year. They primarily serve the DACH region, the UK, and the USA, and are looking to strengthen their presence in the USA.
