Software companies Topicus and Total Specific Solutions (TSS) have reached an agreement on May 20, 2020 to join forces. The ultimate objective is to establish a pan-European vertical market software (VMS) player which will obtain a separate listing on the stock exchange in due time.
Both companies have a proven track record in vertical market software. Each with its own distinct identity. Topicus and TSS expect to strengthen their long term value proposition by leveraging each other’s vision, knowledge and capabilities.
Daan Dijkhuizen and Robin van Poelje will lead the way as co-CEOs of the umbrella holding company named ‘Topicus.com’. In due time, Daan Dijkhuizen will continue as CEO and Robin van Poelje will transition to become chairman of the supervisory board.
The transaction is subject to clearance from the Dutch anti-trust authority ACM (Autoriteit Consument & Markt) and the Topicus’ works council consultation process.
Daan Dijkhuizen, CEO Topicus
“We see TSS as the right partner to fulfil our further growth ambitions in Europe. The intended future collaboration contains a wealth of opportunities for our colleagues, customers and propositions.
Both Topicus and TSS have a strong culture of entrepreneurship and proven craftsmanship, combined with great focus. The mutual additional benefits lie in the bundling of healthy business operations, effective and customer-oriented services in combination with innovative strength.”
Robin van Poelje, CEO Total Specific Solutions
“We have been following the development of Topicus since it was founded in 2001. As an innovative company, it has established a remarkable position and is excellent at responding to the needs of specific markets. The products and markets are additional to those of TSS.
Topicus and the two operating companies of TSS will continue to operate as independent companies within a decentralized business model. The added value will be achieved through knowledge sharing and the exchange of best work practices. This enables the unique cultures of both companies to co-exist. TSS will remain in the hands of Group CEOs Han Knooren and Ramon Zanders. In addition to being co-CEO of the holding company, Daan Dijkhuizen will continue to head Topicus. CSI, the Canadian parent company of TSS, will at the time of a future public listing of Topicus.com emphatically remain as a major shareholder.
I see this collaboration as an important step in the development of our company, comparable to our merger with CSI at the end of 2013.”
Total Specific Solutions is a European vertical market software company, consisting of independent specialized business units which supply products and services to their specific market. This market
expertise is, in most cases, based on decades of experience. TSS is predominantly active in the following sectors: local and central government, healthcare, retail, financial services and accountancy, legal services, real estate, automotive and professional associations. TSS is active in Belgium, Germany, Denmark, Sweden, Finland, France, Italy, Spain, Romania and United Kingdom. Additional information can be found on the website: www.totalspecificsolutions.com.
Topicus has been at the forefront of devising and building smart software since 2001. The focus is on developing innovative software platforms. Topicus connects organizations, professionals and end users within and across vertical markets. Topicus is active in the following sectors: education, healthcare, finance and social services. With over 1,000 employees, Topicus works on a daily basis to make an impact through its IT.