Jan 27, 2025
•
Cyprus
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Total Specific Solutions ("TSS") has acquired Dot.Cy, its first software company in Cyprus, with offices in Greece and the United Arab Emirates. Dot.Cy is active primarily in the hospitality and leisure industry and is also engaged with key enterprise clients.
dot.Hospitality is an all-inclusive, AI-powered hospitality solution designed to digitally transform operations in luxury hotels, enhancing services, productivity, and guest satisfaction. By eliminating data silos and fragmented processes, it connects departments into a globally centralized system. dot.Ticketing is an innovative, comprehensive solution for cultural, leisure, and entertainment organizations. It combines the capabilities of CRM and ticketing systems in a unified platform, offering a flexible and adaptable digital environment.
Michiel Walsteijn, General Manager at TSS: "We are pleased to welcome Dot.Cy to TSS. Expanding our foothold to new countries such as Cyprus, Greece, and the UAE is exciting. Over the years, Dot.Cy has transformed into a genuine VMS company focusing on two main industries next to their Microsoft Dynamics 365 services for the enterprise segment. With dot.Hospitality, the company provides the hospitality industry with information linked to guests rather than just rooms. This enables hotels to offer valued guest experiences and focus on high customer satisfaction. We also enter the leisure vertical through this acquisition with an attractive ticketing solution. It provides organizations such as museums, concert halls, opera houses, and other types of venues with an innovative visitor-centric approach. Both VMS solutions nurture engaging client relationships, which align perfectly with our approach and focus on customer satisfaction.
I look forward to working with Nicos Papaioannou, the Managing Director, and the team supporting them as an autonomous business unit of TSS."
Nicos Papaioannou, Managing Director of Dot.Cy: "Over the years, we have grown from a Microsoft Dynamics 365 implementation company to delivering industry-specific software solutions for the hospitality and leisure verticals. We realize that providing extensive vertical functionality with a highly valued customer experience is essential in creating unique software solutions, especially as we focus on prestigious customers in both verticals.
For Dot.Cy to continue its growth, we set out to find a new owner. TSS is the perfect match as it is a perpetual owner – it acquires and holds forever – which we found very appealing. Plus, TSS has a decentralized organizational structure, meaning that we remain an independent business within the group. Maintaining our brand in the market will provide our employees and customers with continuity. We look forward to working closely with Michiel Walsteijn and meeting our new TSS colleagues."
Dot.Cy
Dot.Cy is a global provider of software solutions built on the powerful ecosystem of Microsoft Dynamics 365. Since its foundation in 1999, Dot.Cy has served more than 200 clients in their digital transformation, improving their processes, products, and customer experiences. They have clients in multiple countries and employees in Cyprus, Greece, and the United Arab Emirates. The headquarters are in Nicosia, Cyprus.
If you are an owner of a Vertical Market Software company and you would like to know more about joining TSS, please contact:
Dennis Paijmans
Manager M&A & Business Development Phone: +31 6 153 561 78
Email: d.paijmans@tss-vms.com
www.dotcy.com
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dot.Hospitality is an all-inclusive, AI-powered hospitality solution designed to digitally transform operations in luxury hotels, enhancing services, productivity, and guest satisfaction. By eliminating data silos and fragmented processes, it connects departments into a globally centralized system. dot.Ticketing is an innovative, comprehensive solution for cultural, leisure, and entertainment organizations. It combines the capabilities of CRM and ticketing systems in a unified platform, offering a flexible and adaptable digital environment.
Michiel Walsteijn, General Manager at TSS: "We are pleased to welcome Dot.Cy to TSS. Expanding our foothold to new countries such as Cyprus, Greece, and the UAE is exciting. Over the years, Dot.Cy has transformed into a genuine VMS company focusing on two main industries next to their Microsoft Dynamics 365 services for the enterprise segment. With dot.Hospitality, the company provides the hospitality industry with information linked to guests rather than just rooms. This enables hotels to offer valued guest experiences and focus on high customer satisfaction. We also enter the leisure vertical through this acquisition with an attractive ticketing solution. It provides organizations such as museums, concert halls, opera houses, and other types of venues with an innovative visitor-centric approach. Both VMS solutions nurture engaging client relationships, which align perfectly with our approach and focus on customer satisfaction.
I look forward to working with Nicos Papaioannou, the Managing Director, and the team supporting them as an autonomous business unit of TSS."
Nicos Papaioannou, Managing Director of Dot.Cy: "Over the years, we have grown from a Microsoft Dynamics 365 implementation company to delivering industry-specific software solutions for the hospitality and leisure verticals. We realize that providing extensive vertical functionality with a highly valued customer experience is essential in creating unique software solutions, especially as we focus on prestigious customers in both verticals.
For Dot.Cy to continue its growth, we set out to find a new owner. TSS is the perfect match as it is a perpetual owner – it acquires and holds forever – which we found very appealing. Plus, TSS has a decentralized organizational structure, meaning that we remain an independent business within the group. Maintaining our brand in the market will provide our employees and customers with continuity. We look forward to working closely with Michiel Walsteijn and meeting our new TSS colleagues."
Dot.Cy
Dot.Cy is a global provider of software solutions built on the powerful ecosystem of Microsoft Dynamics 365. Since its foundation in 1999, Dot.Cy has served more than 200 clients in their digital transformation, improving their processes, products, and customer experiences. They have clients in multiple countries and employees in Cyprus, Greece, and the United Arab Emirates. The headquarters are in Nicosia, Cyprus.
If you are an owner of a Vertical Market Software company and you would like to know more about joining TSS, please contact:
Dennis Paijmans
Manager M&A & Business Development Phone: +31 6 153 561 78
Email: d.paijmans@tss-vms.com
