Strategic Acquisition Opportunity EL Passion has been acquired by Monterail, a leading Polish software development company, presenting potential integration and collaboration opportunities for B2B partnerships, joint ventures, or expansion services in the Europe region.
Industry Expertise With over 11 years of experience in Healthtech, Digital Entertainment, and Business Services, EL Passion demonstrates deep domain knowledge that can be leveraged to secure clients within these sectors seeking tailored product design and development solutions.
Service Portfolio Alignment Specializing in web and mobile app development using technologies like React Native, C#, and ASP.NET, EL Passion offers a comprehensive tech stack suitable for clients aiming to build scalable, cross-platform digital products, creating sales opportunities in enterprise and emerging tech markets.
Market Position & Revenue Range Operating with a revenue of 1M to 10M and a team of 51-200 employees, EL Passion occupies a mid-market position, making it a strong candidate for small to medium-sized businesses seeking high-quality IT consulting and product development services.
Growth Potential Post-Acquisition Following its integration into Monterail, there may be opportunities for upselling additional services or expanding into new markets, especially by leveraging Monterail’s broader network and resources to scale client engagements and increase revenue streams.