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Croissant

You built something real. We'll keep it running.

Croissant acquires European B2B SaaS companies and operates them for the long term. If you're a founder who's ready for what's next, let's talk.

Stuck, not broken.

You have a working product. Loyal customers. Recurring revenue. But growth has flatlined. You're tired. And the options aren't great.

Too small for private equity. Too slow for growth-stage VC. Too real to just shut down.

We call this Europe's SaaS Middle Class: durable, undervalued, and stuck. Thousands of companies generating billions in combined ARR, with no clear path forward.

That's where we come in.

We buy, optimize, and hold. Forever.

We acquire B2B SaaS companies in Europe with €0.5–2M in annual recurring revenue. We take over operations, fix what's not working, and run the business for the long haul.

Your product keeps its name. Your customers stay served. We consolidate the back-office under one experienced team, so your company runs better, not differently.

We're not here to flip.

Why sell to Croissant?

Your creation is in good hands.

We continue your brand and product. We invest in what you've built; we don't strip it for parts.

No surprises.

We have adult conversations about what needs to change from Day One. You'll know exactly what we plan to do and why.

Your choice.

Stay for a transition, stay long-term, or move on entirely. We'll discuss together what's best.

What we won't do.

No killing brands. Your product keeps its name and identity.

No layoffs for sport. We'll be upfront about any organizational changes from day one.

No consultants with playbooks. We're operators. We do the work ourselves.

Operator DNA × Investor Discipline

Four founders who've spent 15+ years each building, scaling, and fixing software companies. We've been where you are: dealing with technical debt, org issues, burn rate problems, and tough calls about what comes next.

We built Croissant to be the buyer we wished had existed when our own startups got stuck.

Kouris Kalligas
Kouris Kalligas
CEO

Product & execution. 15+ years building and scaling digital products. CEO & Co-Founder of Therachat (acquired). Led multi-million euro bottom-line impact via AI transformation.

Alexander Steiner
Alexander Steiner
CFO

Deal sourcing & due diligence. Managed a €40M VC portfolio at Austria Wirtschaftsservice. Evaluated 3,000+ startups. CPO & Co-Founder of Jeemix.

Dimitri Van Lunter
Dimitri Van Lunter
COO

Operational excellence & integration. Scaled delivery orgs of 100+ people. Built repeatable agile & delivery systems across scale-ups and startups.

Andreas Creten
Andreas Creten
CTO

Technical due diligence & product scaling. Co-Founder & CEO of madewithlove (17+ years). Built and scaled multiple tech teams across Europe & the US.

Is this you?

We're looking for B2B SaaS companies in Europe, especially Benelux, France and DACH, with:

  • Recurring revenue (€0.5–2M ARR)
  • A product that works and customers who pay
  • Close to break-even or profitable

You don't need to be big. You need to be real.

If you're an investor and have a portfolio company that's not scaling but isn't dead either? We'll buy it, stabilize operations, and keep it running profitably. Let's talk.

Let's have a conversation.

Thinking about selling? Just exploring? That's fine.
No pressure. No pitch. Just a real conversation between founders.

hello@croissant.today