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New Deal


Announced

Total Specific Solutions acquired TECHNIDATA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

medical softwares

Acquisition

Private

Single Bidder

France

software development

Software

Pending

Synopsis

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Total Specific Solutions, which provides IT consulting and database management services, acquired TECHNIDATA, a French medical software company. Financial terms were not disclosed. Han Knooren, Group CEO at TSS: “TECHNIDATA is a French VMS (Vertical Market Software) company with an outstanding track record, leading internationally in its field. We value its focus on the specific needs in a highly regulated and quality sensitive industry. While most VMS companies only cover the national market, TECHNIDATA has a global footprint covering Western Europe, North America, and Asia. We can learn from their practices and approaches to developing internationally demand-driven software. And we can share our insights and learnings with the TECHNIDATA team on running successful VMS companies. Also, as TECHNIDATA is our fourth acquisition this year in France following Félix Informatique, Metamicro, and the Salvia Group, we further strengthen our position in France, which has now become the second home market for TSS next to the Netherlands."

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