EU parent with own datacenter + nearshore development subsidiary.
The business comprises a Croatian limited company (Zagreb, founded 2018, NACE 6201 - software development) which fully owns an operating subsidiary in Belgrade, Serbia (founded 2019, NACE 6202 - IT consultancy). The Croatian entity holds the international client relationships, invoices in EUR and operates its own datacenter (company-owned servers in a dedicated colocation facility) hosting services for clients; the Serbian subsidiary employs the in-house software development team, providing an attractive nearshore cost base.
Key highlights:
- Immediate entry into two markets (EU/eurozone + Serbia) with a fully compliant, ready-made structure - replicating the dual setup, datacenter and transfer-pricing documentation from scratch would take 12+ months and substantial capital and advisory costs
- Growing revenue: EUR 137,013 in FY2024 (+8.6% vs FY2023), 99.9% export, all invoiced in EUR
- Own datacenter infrastructure: company-owned server hardware in a dedicated colocation environment, generating recurring hosting/managed-services revenue from clients
- In-house development team on the payroll of the Serbian subsidiary (Belgrade), which generated approx. EUR 128,000 revenue (FY2022), 100% export services
- Profitable and debt-free: no bank borrowings in either company, positive equity, consistent dividend distributions, clean filing history with FINA (Croatia) and APR (Serbia), transfer-pricing documentation in place
- Lean, remote-capable operation with low overheads
- Active client contracts, hosting arrangements and the complete team transfer with the sale
The owner is selling due to retirement and offers transitional support. The sale comprises 100% of the shares of both companies. Full statutory accounts (2018-2024) available to qualified buyers after NDA.
