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New Deal


Announced

Completed

Total Specific Solutions completed a $71m merger with Topicus.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Acquisition

Majority

Single Bidder

Software

software development

Merger

Private

Friendly

Domestic

Completed

Synopsis

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Total Specific Solutions, a vertical market software provider, completed a $71m merger with Topicus, a software company in Deventer, Netherlands. "We see TSS as the right partner to fulfil our further growth ambitions in Europe. The intended future collaboration contains a wealth of opportunities for our colleagues, customers and propositions. Both Topicus and TSS have a strong culture of entrepreneurship and proven craftsmanship, combined with great focus. The mutual additional benefits lie in the bundling of healthy business operations, effective and customer-oriented services in combination with innovative strength," Daan Dijkhuizen, Topicus CEO.

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