Transaction Updates

  • Total Specific Solutions expands its presence in Sweden with the acquisition of Prek Total Specific Solutions (‘TSS’) has acquired Prek, a leading software company in the Swedish real estate market, a regulated industry in Sweden. With this acquisition, TSS expands its existing market presence in Sweden, where Infoflex, FDT, Evolution Commerce, and PingPong are already part of the group.

    FasAd, the core product of Prek, offers a brokerage and CRM system giving real estate brokers an end-to-end solution to support the process of mediation for homes and properties. The full transaction process is covered in FasAd with modules tailored to support real estate agents' obligatory activities specified in the Swedish Estate Agents' Act. FasAd provides structure and efficiency and its strong CRM functionality, including customizable marketing automation and other fully automated functionality, adds significant value to any real estate broker.

    Rob van der Salm, General Manager at TSS: "I am really excited to expand our presence in Sweden, and to internationalize our presence in the real estate vertical. I have an affinity with the industry as I have my roots in delivering software for social housing associations. The Swedish real estate market is very unique and specific. We can share a lot of knowledge and best practices between Prek and the other real estate and notary software companies that joined TSS in other countries.

    Prek is also focused on its customers, offering them training for the end-to-end solution, and providing user-friendly mobile apps to support their clients. The focus on customer satisfaction fits the TSS philosophy. I look forward to continuing the journey with Prek, taking the next step into their future with Anita Axelson as Managing Director."

    Anita Axelson, managing director: "We are so proud of Prek's journey. From humble beginnings, our core product FasAd has grown into a leading CRM- and real estate brokerage system. Our corporate culture has always had customer utility, curiosity, and technological know-how as core values. That culture shaped FasAd into the strong and versatile product that it is today and has also led to happy and loyal customers. I believe that this culture and drive will be key as we continue to take market shares in the future.

    We are also happy to have attracted a strong buyer in TSS. We value their policy of life-long ownership and commitment to the customers, which is very much in line with our values. We feel confident that our customers' investments are in safe hands and that FasAd will continue to evolve and challenge the market with innovation. Another positive effect of this transaction is that we gain over 3000 new colleagues that are experts in VMS." That pool of knowledge and expertise in VMS from different sectors and markets is highly valuable. We can't wait to start tapping into it."

    Prek
    Prek is a family business that nurtures its culture of customer focus, which has been the basis of the business since Prek was founded more than 40 years ago. FasAd Mäklarsystem, a CRM and Brokerage System, is Prek's core product and the complete customer relationship and business support system that gives a real estate agent full support throughout the buying and selling process. More information on FasAd: https://www.fasad.eu/

    If you are an owner of a Vertical Market Software company in Sweden and you would like to know more about joining TSS, please contact:

    Victor Mellgren
    M&A Manager Sweden
    Telephone: +4670 694 47 66
    Email: V.Mellgren@tss-vms.com
    Show more prek.se Nov 03, 2020 Share:
  • TSS Academy Advanced participants raised > 20.000 Euros for the Royal Cancer Society (KWF) On October 9 and 10, 2020, TSS Public organized its large TSS Academy Advanced (TAA) event for 200 selected talents of the business units. Of course, this edition was an online event using a sophisticated event tool to give a real-life experience.

    The leadership team of TSS Public wanted to push it a bit further. Normally, in a non-COVID situation, a TAA event would include a physical activity trying to get the participants out of their comfort zone and test their boundaries and agility. We all need to adhere to restrictions at the moment, which means less personal contact. As a result of the situation, charities are also feeling the pain. The Royal Dutch Cancer Society KWF is an organization that delivers a great contribution to the fight against cancer and deserves all the support during these difficult times.

    Why not create a challenge that pushes the boundaries, brings people together, and serves the greater good?

    Han Knooren, Group CEO TSS: "I am so proud that our TSS AA participants have gathered more than 20.000 Euros. They collected personal donations from external sponsors and set up communal social media challenges with an outstanding result. We are so proud that these people work for us and are a part of the TSS Public team. Thank you, everybody, for contributing. This result is not only a remarkable contribution to the KWF cancer association but also a sign of resilience to coop with these extraordinary times in which we find ourselves."
    Show more www.totalspecificsolutions.com Oct 10, 2020 Share:
  • Total Specific Solutions expands its position in Germany with the acquisition of IQDoQ GmbH Total Specific Solutions (“TSS”) has acquired the German IQDoQ, a software company offering DMS and HR solutions for the healthcare and logistics industries, from Materna Information & Communications SE. TSS expands its foothold in Germany with this fifth acquisition while strengthening its existing position in its core verticals. With this divestment, Materna Information & Communications SE follows through with its strategic reassessment of its portfolio.

    IQDoQ has three business solutions for their vertical markets. IQAkte Personal is an HR solution with digitized personnel files providing an efficient and secure HR administration. Using the solution makes it easy for companies to comply with data protection guidelines such as the EU General Data Protection Regulation. IQAkte Vertrag is a digital solution for companies to perform efficient contract management. HyperDoc is an enterprise information management solution that supports all document- and data-based processes. And it is designed as a modular system with freely combinable components.

    Jasper Bollen, General Manager at TSS: “I am very excited to have IQDoQ join TSS. It has been one of the core companies of Materna with 30 years of experience. Their principles are very much aligned with ours, focusing on quality and customer-driven dialogue. With IQDoQ joining us, TSS now covers a broad range of verticals in Germany, which gives us a solid basis for future companies that will join us.
    Mr. Frank Rüttger, who has been with the company for a long time and has played a significant role in developing the company to its current position, will continue as Managing Director and lead IQDoQ as an independent business unit of TSS. I look forward to working with Frank and his team.”

    Mr. Michael Knopp, CFO of Materna: “We are in the process of reassessing our portfolio as a group. Unfortunately, IQDoQ does not fit our core strategy anymore. We were very happy to find in TSS the best possible owner for IQDoQ. IQDoQ has been part of Materna since the beginning, and we fully believe in its potential. So TSS’s ‘Software for Life’ principle resonated with us. A dedicated VMS group that believes in perpetual ownership meant that we found a solid base for the company, its employees, and customers. We look forward to following IQDoQ’s future as part of TSS.”

    Mr. Frank Rüttger, Managing Director of IQDoQ: “My team and I can now continue delivering value to our clients as part of TSS. We will gain new insights as sharing best practices is a best practice in itself at TSS. And we can share our knowledge and insights with our new colleagues. Plus, it is exciting to be part of the foundation that will grow TSS in Germany. We look forward to this new leg of our journey as an independent business unit of TSS.”

    IQDoQ
    As specialists in digital change, IQDoQ boasts a wealth of experience. In the course of its history, spanning more than 30 years, IQDoQ has developed best practice solutions that offer efficient enterprise information management options even for your specific requirements. The philosophy is based on five principles: customer-driven dialogue, holistic solutions, immediate benefits, flexible and future-driven products, and reliable services. The company has its headquarters in Bad Vilbel and an office in Hamburg.

    Materna Information & Communications SE
    As a group, Materna currently employs more than 2,300 people around the world and generated sales of 323,8 million euros in 2019. Materna covers the entire service spectrum of a full-service provider in the premium segment: from consultation and implementation to operations. Materna advises and assists companies and the public sector in all aspects of digitization and provides tailor-made technologies for agile, flexible, and secure IT. Its customers include IT organizations and user departments in companies and the public sector. The group also has various subsidiaries.

    -- Deutsch --

    Total Specific Solutions baut mit der Akquisition von IQDoQ GmbH seine Position in Deutschland weiter aus

    Total Specific Solutions (“TSS”) hat das deutsche Unternehmen IQDoQ GmbH, einen Softwareanbieter für DMS und HR Lösungen im Bereich Gesundheitswesen und Logistik von der Materna Information & Communications SE erworben. TSS baut damit den Standort Deutschland mit seiner fünften Akquisition in Deutschland, in einem der Kernbereiche, weiter aus. Mit der Veräußerung setzt die Materna Information & Communications SE die Konsolidierung ihres gruppenweiten Portfolios um.

    IQDoQ bietet drei Geschäftslösungen für seine vertikalen Märkte. IQAkte Personal ist eine HR-Lösung mit digitalisierten Personalakten, die eine effiziente und sichere HR-Verwaltung ermöglicht. Die Verwendung der Lösung erleichtert es Unternehmen, Datenschutzrichtlinien wie die EU-Datenschutzgrundverordnung einzuhalten. IQAkte Vertrag ist eine digitale Lösung für Unternehmen, um ein effizientes Vertragsmanagement durchzuführen. HyperDoc ist eine Enterprise Information Management-Lösung, die alle dokumenten- und datenbasierten Prozesse unterstützt. Als modulares System lässt es sich frei mit weiteren Komponenten kombinieren.

    Jasper Bollen, General Manager bei TSS: „Ich freue mich sehr, dass IQDoQ zu TSS kommt. Die Themen von IQDoQ gehörten über 30 Jahren zum Konzern der Materna-Gruppe. Die Prinzipien von IQDoQ stimmen sehr gut mit unseren überein und konzentrieren sich auf Qualität und kundenorientierten Dialog. Mit dem Beitritt von IQDoQ decken wir ein breites Spektrum von Branchen in Deutschland ab, was uns eine solide Basis für zukünftige Unternehmen bietet, die zu uns stoßen werden. Frank Rüttger, der dem Unternehmen seit langer Zeit angehört und eine bedeutende Rolle bei der Entwicklung des Unternehmens gespielt hat, bleibt weiterhin der Geschäftsführer von IQDoQ und wird IQDoQ als unabhängige Geschäftseinheit von TSS leiten. Ich freue mich darauf, mit Frank Rüttger und seinem Team zu arbeiten.”

    Michael Knopp, CFO der Materna-Gruppe: „Das Portfolio von IQDoQ gehört seit einiger Zeit nicht mehr zur Kernstrategie der Unternehmensgruppe, wenngleich IQDoQ in diesem Jahr sein 20-jähriges Jubiläum feiert. Wir freuen uns, dass wir in TSS einen neuen Eigentümer gefunden haben, der das volle Potenzial von IQDoQ ausschöpfen wird. Das TSS-Prinzip „Software for Life“ fand bei uns großen Anklang. TSS ist auf Branchensoftwareunternehmen fokussiert und bietet eine solide Basis für das Unternehmen, seine Mitarbeiterinnen, Mitarbeiter und Kunden. TSS als Gruppe von Branchensoftwareunternehmen, in der eine langfristige Eigentümerschaft verankert ist, bedeutet für uns, dass wir eine gute Basis für die Weiterentwicklung von IQDoQ gefunden haben. Wir freuen uns darauf, die Zukunft von IQDoQ als Teil von TSS zu verfolgen.“

    Frank Rüttger, Geschäftsführer von IQDoQ: „Bei der IQDoQ werden weiterhin unsere Kunden der Fokus unserer täglichen Arbeit sein. Wir werden alles daran setzen unseren Kunden/innen weiterhin einen Mehrwert zu bieten. Als Teil von TSS werden wir neue Erkenntnisse durch deren vielfältigen Best Practices erlangen und unsere Expertise und Erfahrungen mit den neuen Kolleginnen und Kollegen bei TSS zu teilen. Der gemeinsame Erfahrungsaustausch mittels Best Practices ist die wichtigste Best Practice bei TSS. Ganz besonderes freue ich mich als mit der mittlerweile fünften Akquisition in Deutschland TSS’s Wachstum in Deutschland weiter voranzubringen. Wir freuen uns auf diese neue Etappe unserer Reise als unabhängige Geschäftseinheit von TSS!“

    IQDoQ
    Als Spezialist für digitalen Wandel verfügt IQDoQ über einen großen Erfahrungsschatz. Im Laufe seiner mehr als 30-jährigen Geschichte hat IQDoQ Best Practice-Lösungen entwickelt, die auch für ihre spezifischen Anforderungen effiziente Optionen für das Management von Unternehmensinformationen bieten. Die Philosophie basiert auf fünf Prinzipien: kundenorientierter Dialog, ganzheitliche Lösungen, unmittelbare Vorteile, flexible und zukunftsorientierte Produkte und zuverlässige Dienstleistungen. Das Unternehmen hat seinen Hauptsitz in Bad Vilbel und ein Büro in Hamburg. Weitere Informationen finden Sie hier: https://www.iqdoq.com/.

    Materna Information & Communications SE
    Die Materna-Gruppe beschäftigt aktuell weltweit mehr als 2.300 Mitarbeiter und erzielte 2019 einen Umsatz von 323,8 Millionen Euro. Materna deckt das gesamte Leistungsspektrum eines Full-Service-Dienstleisters im Premium-Segment ab: von der Beratung über Implementierung bis zum Betrieb. Materna berät und begleitet Unternehmen und Behörden in allen Belangen der Digitalisierung und liefert maßgeschneiderte Technologien für eine agile, flexible und sichere IT. Kunden sind IT-Organisationen sowie Fachabteilungen in Unternehmen und der öffentlichen Verwaltung. Zum Konzern gehören zudem verschiedene Tochterunternehmen. Weitere Informationen finden Sie hier: www.materna.de.
    Show more www.iqdoq.com Sep 09, 2020 Share: