Announced
Completed
Financials
Sources
Tags
Netherlands
Acquisition
Majority
Single Bidder
Software
software development
Merger
Private
Friendly
Domestic
Completed
Synopsis
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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