Total Specific Solutions expands into Indonesia with the acquisition of PT Realta Chakradarma

Jan 16, 2025 Indonesia
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PT Realta Chakradarma, a well-known software provider, is the first company to join Total Specific Solutions ("TSS") in Indonesia. PT Realta Chakradarma’s (“Realta”) primary software product is a leading solution in the hospitality industry, focusing on hotels, specifically the high-end segment and hotel chains. This acquisition marks a milestone in expanding the geographical presence of TSS within the Asian continent.

Rhapsody Hotel software solution covers all aspects of the business, including all front-end (reservations, sales, housekeeping, check-in and out, etc.), operational (HR, finances, accounts), and logistical functionalities (purchasing, inventory, cost control). Rhapsody allows clients to manage and monitor single— and multi-brand enterprises in the hospitality industry. Realta has dedicated solutions for golf courses (Rhapsody Golf), property and tenancy management (Bimasakti), an HR information system for industry and large manufacturers (SIAP+P), and the financial and public sector (ITSM).

Han Knooren, Group CEO at TSS: "We are pleased to welcome Realta, an established vertical market software company, as our first Asian company to the TSS ecosystem. With over 40 years of experience delivering software solutions to the hospitality industry, Realta has established a strong market presence and has fostered enduring client relationships. Their solid reputation has earned them a leading position within the hospitality sector. Realta is a good fit with TSS with its mission-critical software solutions for its specific industry and focus on customer satisfaction. The company has a driven leadership that is eager to help TSS continue its growth in Indonesia and Asia.
I look forward to helping Managing Director Rizaldi Sistiabudi and his team familiarize themselves with our group and support them as an autonomous business unit of TSS. And to having Realta be the basis for further expansion in Indonesia."

Hidayat Tjokrodjojo, founder of Realta: “We are very proud of what we have achieved as a company and where we are today. The time has come for the next generation to build upon the foundation and continue our growth path. We found a perpetual owner in TSS, meaning they buy once and hold forever. This gives Rizaldi Sistiabudi, the managing director, the stability to continue building the brand and focus on the future. It also shows our employees, clients, and other stakeholders that we will be there for them like we always have been.”

Rizaldi Sistiabudi, Managing Director of Realta: "Our founders have built a respected software company over time with a strong brand and solid reputation, especially -but not solely- in the hospitality industry. The time has come to take the next step in our journey, so they searched for a new owner. My team and I are ready to take on the new inspiration and knowledge and continue Realta's growth path.
We look forward to working closely with Han Knooren and his team and meeting our new TSS colleagues. And to this being the start of further growth in the Indonesian market."

Realta
Realta is an Indonesian software company that offers industry-specific solutions for the hospitality/leisure (Rhapsody Hotel and Rhapsody Golf), property and tenancy management (Bimasakti), manufacturing (SIAP), financial and public (ITSM) verticals. Its mission is to help organizations reach their full business potential by increasing efficiency, profitability, and sustainability. The company has been certified ISO 9001 for more than 20 years. Realta was established in 1983 and has its headquarters in Jakarta, Indonesia.

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

Florentina Michielsen
Corporate BD Director Asia
Phone: +31 (0)646 091 026
Email: f.michielsen@tss-vms.com

Dennis Paijmans
Manager M&A & Business Development
Phone: +31 6 153 561 78
Email: d.paijmans@tss-vms.com realta.co.id Share: