NCCW joins Total Specific Solutions (TSS)

Jul 01, 2016 Netherlands
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NCCW, the software company specialized in property management software, joins Total Specific Solutions (TSS) and establishes the real estate vertical of TSS. Together with TSS, NCCW can further strengthen its position in the Dutch market.

NCCW supplies IT solutions for the real estate market. Over half of the Dutch housing associations use one or more of NCCW’s software solutions. They fully focus on innovating the chain processes enabling public housing authorities, clients, and suppliers to work together efficiently and to realize a high customer satisfaction rate.

In 2015, the shares of NCCW were acquired by the employees of NCCW and the foundation NWR. On 1 July 2016, Total Specific Solutions (TSS) B.V. acquired 100% of the shares of NCCW.

TSS is part of Constellation Software Inc. (CSI), a Canadian-listed company. Within CSI there are several companies that concentrate on software solutions specifically for the real estate market. As part of TSS, NCCW will independently focus on and develop software solutions for the real estate market. At the same time, being part of CSI will enable NCCW, her employees, and customers to benefit from the cross-fertilization between the different countries with regards to trends, technological developments, and innovations. Customers will be able to use software products that have been developed specifically for their domain and their country, with the knowledge that the software is based on global expertise, trends, and developments.

Wibo Pollmann, the Managing Director of NCCW: “As a result of the acquisition by TSS, we will benefit from the best of both worlds. On the one hand, the financial investment power and expertise of a major company, and on the other hand, the identity and the strength of NCCW will remain intact with the decentralized model that is used at TSS. TSS has crossed our path and fits our strategy seamlessly. In 2015, we identified a clear strategy for our three product lines: Property Management, BIS, and the Public Housing Cloud (‘Corporatie Cloud’). The chosen direction is proving to be successful with the first parties interested in Property Management, positive reactions on the latest version of BIS (XBIS) and strong growth in the number of customers that use the Public Housing Cloud. We aim to grow continuously and to keep amazing the real estate market, just as we have done over the last year. You need capital, knowledge, and innovation to grow, and TSS can offer us that.”

A logical broadening of the Total Specific Solutions portfolio

Total Specific Solutions is the largest Vertical Market Software (VMS) company in the Benelux. With the acquisition of NCCW, TSS now enters the Dutch real estate vertical, and NCCW gets access to additional means to strengthen its unique proposition further for the real estate market.

Robin van Poelje, CEO of Total Specific Solutions: “TSS knows that successfully acquiring a company involves much more than just buying a company. It is about investing in people and doing what is needed to have the company grow and perform successfully in the long run, ‘for life’, and maintain its relevancy for customers. To achieve this, TSS operates with a decentralized model that places the decision-making power at the lowest possible level within the organization. We have a solid track record in acquiring new companies. Customers react positively to our ‘software-for-life’ vision. NCCW knows the real estate market like no other and with their solutions, they know how to meet the market’s demands. With the experience and investment power of TSS, we aim to grow NCCW’s position in the upcoming years. That is the reason why Total Specific Solutions has a ‘buy-and-hold-forever’ strategy. And by that same token, we challenge our now 1,600 employees of the 21 business units each day to try new things and to push their boundaries.”

New phase

The management of NCCW will stay on after the acquisition to, on the one hand, optimally serve the current customers and, on the other hand, to realize the growth ambition of the company. TSS will support the management with the development and growth of the three product lines Property Management, BIS and the Public Housing Cloud. Furthermore, TSS will in collaboration with NCCW explore and shape the opportunities for further growth in the real estate market. www.nccw.nl Share: