Announced
Completed
Financials
Sources
Tags
Netherlands
financial technology
Friendly
Private
Single Bidder
Domestic
Majority
FinTech
Acquisition
Completed
Synopsis
Total Specific Solutions, a company that develops business software solutions, and Topicus, a provider of vertical market software, completed the acquisition of Five Degrees, a cloud core banking provider. Financial terms were not disclosed. “The acquisition of Five Degrees fits perfectly into our financial services strategy to provide the best banking-grade FinTech solution to our clients. We share the same vision of innovation and customer focus. Together we can serve our customers even better," Daan Dijkhuizen, Topicus CEO.
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