Software group looking to acquire a product or services business with clear differentiation and repeatable revenues. Target focus: Cloud Hosting & Infrastructure. Interest in contracted infrastructure income with disciplined service management and low churn. A clean process is preferred, with clear IP ownership and sensible transition arrangements. Happy to retain founders or senior leaders where product continuity is important. European buyer open to UK targets where governance, retention and delivery are proven. Target turnover band £1m to £3m.