What European Technology Group does

European Technology Group (ETG) is a London-headquartered holding company and buy-and-build platform founded in 2024 by Lars Becker and Sjoerd Smaal. ETG acquires and partners with niche software businesses that digitalize the public sector across Europe, targeting companies with €1M–€10M in revenue, 70%+ recurring revenue, and proven product-market fit in vertical niches such as ERP for municipalities, asset inspection, and workforce management.

The group's portfolio comprises two completed acquisitions: Hürlimann Informatik AG, a full-suite ERP and IT infrastructure provider to Swiss municipalities, and Public Sector Software Ltd. (PSS Ltd.), an asset inspection and workforce management solution for UK councils and social housing associations, with a third UK acquisition pending announcement in Q2 2026. ETG does not develop proprietary technology itself; its platform model preserves brand and operational independence at the portfolio-company level while providing shared services across sales and market access, international expansion, hiring and succession (including a CXO Academy), product development, and AI and technology modernization.

ETG operates a sales-led GTM centered on discreet founder outreach and partnership conversations. The group reports 300+ public sector customers, 13M+ citizens served across 6 operating countries, 60+ employees, and 70%+ recurring revenue. The company raised $19.57M in May 2025 to fund acquisitions and platform investment, with offices in London (HQ), Zurich, Amsterdam, and Frankfurt.

Name

European Technology Group

Legal name

European Technology Group

Website

https://eu-techgroup.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

European Technology Group is a London-based GovTech holding company that acquires and operates niche European public sector software businesses, serving municipalities, councils, and social housing associations with ERP, asset inspection, and workforce management solutions under a decentralized platform model.

Ownership category

akta.pro rank

Product category

Public Sector Software (GovTech)

NAICS

Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)

Keywords

• Public sector software
• GovTech acquisitions
• ERP software solutions
• Asset inspection software
• Workforce management software

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Licensing and Subscription Revenue: ETG operates a portfolio of software companies serving the public sector. Over 70% of total group revenue is recurring, derived from software licensing, ERP solutions, asset inspection software, and workforce management solutions provided to municipalities, councils, and social housing associations across Europe.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

European Technology Group (ETG) is a GovTech holding company that acquires and partners with niche software businesses digitalising the public sector in Europe. Its wholly-owned portfolio companies deliver full-suite ERP, IT infrastructure, asset inspection, and workforce management software to municipalities, councils, and social housing associations. Over 70% of total group revenue is recurring, derived from software licensing and subscriptions across six European countries.

Product overview

European Technology Group is a platform that acquires and aggregates public sector software companies, maintaining their independence while providing shared resources, networks, and expertise. The portfolio currently comprises two operating subsidiaries: Hürlimann Informatik AG (a full-suite ERP and IT infrastructure platform for Swiss municipalities) and Public Sector Software Ltd. (an asset inspection and workforce management solution for UK councils and social housing). A third confidential acquisition is announced pending for Q2 2026. Group offerings include sales and market access support, international expansion, hiring and succession planning, product development investment, and AI and technology modernization services.

Differentiator

Problem solved

Functional benefit

Products and services

• Hürlimann Informatik AG Wholly-owned subsidiary of European Technology Group providing full-suite ERP, software, and IT infrastructure solutions to municipalities in Switzerland.
• Public Sector Software Ltd. (PSS) Wholly-owned subsidiary of European Technology Group providing asset inspection and workforce management software for councils and social housing associations in the United Kingdom.

Quantifiable outcome

• 13M+ citizens served by ETG portfolio companies
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Partnerships

Three partnerships are on record, tiered minor and core.

• Confidential (Announcement Pending)minorStrategic or Co-development Partner · 1 January 2026Confidential partnership announcement pending Q2 2026. Location: United Kingdom.
• Hürlimann Informatik AGcoreStrategic or Co-development Partner · 1 January 2025Full Suite ERP, software and IT infrastructure provider to municipalities in Switzerland. Partner since 2025. Dr. Manuel Vogel serves as President and Roland Michel as CEO. Partnership secures long-term continuity of business and team while providing resources to enhance solutions and service levels.
• Public Sector Software Ltd. (PSS Ltd.)coreStrategic or Co-development Partner · 1 January 2025Asset inspection and workforce management solution provider to councils and social housing associations in the United Kingdom. Partner since 2025. Sarah Bull serves as Managing Director. Partnership involves strategic initiatives, product and internal systems upgrades.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Constellation Software: Canadian-listed acquirer of vertical-market software businesses worldwide. Constellation's buy-and-hold, decentralised operating model is the closest structural analogue to ETG's roll-up of niche public sector software vendors.
• Vela Software: Operating arm of Constellation Software focused on small, vertical software businesses. Compares to ETG in target profile (small, niche software companies) and decentralised holding structure.
• Civica: UK-headquartered GovTech provider selling software and digital solutions to central and local government, health, and education. Direct competitor in the same European public sector vertical and similar target customer base as ETG's portfolio.
• Advanced Computer Software Group: UK provider of vertical software to public sector and regulated industries, built largely through acquisitions. Comparable to ETG in its roll-up approach and concentration on UK local government and social housing.
• Tyler Technologies: Large US-listed provider of vertical SaaS for the public sector, including ERP, asset management, and workforce solutions for municipalities. Closest scaled analogue to ETG's ERP-plus-operations portfolio focus.
• NEC Software Solutions (formerly Northgate Public Services): UK provider of software to local government, housing, and emergency services, following Northgate Public Services' sale to NEC. Directly comparable to ETG's PSS Ltd. subsidiary in council and social housing workflows.
• Totalmobile (formerly Servelec and Kirona): UK-based provider of mobile workforce and field service management software to councils, housing associations, and utilities. Closely comparable to PSS Ltd.'s workforce management offering and operates in the same public sector verticals.

Regional players

• Maggioli Group: Italian family-owned software and services group supplying public administrations, municipalities, and regulated industries. Similar to ETG in vertical focus but primarily active in Italy rather than the DACH/UK corridor.
• TietoEVRY: Nordic-headquartered IT services and software vendor with strong public sector presence in Scandinavia. Comparable to ETG in serving European public sector software needs but focused on Nordic rather than DACH/UK markets.

Broad incumbents

• Capita: Large UK-listed outsourcing and digital services group serving government, defence, and regulated industries. Overlaps with ETG in public sector software and IT infrastructure but operates at vastly larger scale across many adjacencies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about European Technology Group