Centric’s Social Housing Solution becomes part of Total Specific Solutions

Jan 07, 2019 Netherlands
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Total Specific Solutions (‘TSS’) has acquired Centric’s social housing software activities (“Hercules”). The acquisition includes employees, intellectual property, and overall business activities in this vertical. The new legal entity will be named Hercules Social Housing B.V., which is a full subsidiary of TSS. The activities and products will continue under a new brand name.

Hercules will be an independent business unit and continue to serve their customer base, offering them software solutions known as Key2Wocas, WocasOnline and some other products. Key2Wocas is an ERP solution that supports the primary social housing processes. The separate hosting and managed services as previously provided by Centric in this vertical are not part of the acquisition.

Rob van der Salm, General Manager at TSS: “Total Specific Solutions is a focused player in the vertical market software field, with extensive experience in the social housing domain. Hercules will become an independent business unit run by Peter Bos, who is the newly appointed Managing Director. Peter Bos has extensive experience in the social housing vertical in both commercial roles and as Managing Director of Qonsio (a TSS business unit). Peter, together with the team will focus on providing the customer base continuity by delivering high-quality software and services.”

Peter Bos, Managing Director Hercules: “I am looking forward to creating an enduring business for employees and customers. Through TSS we leverage our experience and know how to focus on innovation and deliver the functionality specifically needed for the Dutch social housing vertical. The former Centric business has a proven track record and all the characteristics to deliver on the “Software for Life” mission that we aim to uphold. As a small and nimble business unit that is part of TSS, a leading European VMS organization, Hercules can create strong customer focus and short lines of communication.”

Karim Henkens, CEO Centric: “Over the last years we have continuously invested in our social housing solutions, especially ‘WocasOnline’ which supports our customers in their digital transformation. Some of them have already adopted this new technology. However, the Social Housing business no longer fits the overall strategy of Centric. To secure the continuity for both customers and employees, we have selected a trustful partner, with a strong market focus on social housing. I believe the new owner has the right experience and ambitions that are beneficial for the future.”

Centric offers Software Solutions, IT Outsourcing, Business Process Outsourcing, and Staffing Services. With technological solutions, administrative services, and qualified professionals, Centric enables customers to focus on their core businesses. The combination of thorough IT knowledge and years of experience with specific industry processes distinguishes Centric from traditional IT suppliers and administrative suppliers. For more information visit www.centric.eu. www.centric.eu Share: