That is the reason why Total Specific Solutions has a 'buy-and-hold-forever' strategy." Developer of vertical market software. About Total Specific Solutions (TSS) B.V. Abdeluheb Choho, Chief Marketing Officer. Hans Peter Bech is a bestselling author and a frequent blogger on how to make information technology companies global market leaders. Together with Constellation Software, we expect to continue to meet the rapidly developing demand in our markets and achieve our objectives.”. It went public in 2006, and now has 13,000 employees spread … © 2016 TBK Consult. About Total Specific Solutions (TSS) B.V. synopsis: Total Specific Solutions (TSS), the European Vertical Market Software group of Constellation Software Inc., has acquired FDT AB from Elon Group, a Nordic alliance that o As part of Constellation Software Inc. (CSI), one of North America’s largest and most respected software companies, Total Specific Solutions is constantly seeking acquisition opportunities to add value to our existing vertical markets and is equally excited to explore new verticals when great opportunities … The TSS companies are Everest, Blueriq, KZA, PharmaPartners, PinkRoccade Local Government, PinkRoccade Healthcare and Yonder. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Topicus.com Inc., an Ontario company, will own 60.7% of Topicus.com Coöperatief U.A., formerly Constellation Software Netherlands Holding Coöperatief U.A. So when we acquire a new business, it is about investing in people and doing what it takes to help manage and grow businesses for life. Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. TSS is part of Constellation Software Inc. (CSI), a public company … Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Constellation Software acquires Total Specific Solutions. TORONTO, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX:CSU) today announced that its subsidiary, Total Specific Solutions B.V. (“TSS”), acquired all shares in the capital of Forsikringens Datacenter A/S (“FDC”), a leading software provider of property & casualty, life & pension, and health sector solutions … … Constellation Software Inc. (“Constellation”) (Toronto, Canada) have announced that it has, through its wholly-owned subsidiary Constellation Software Netherlands B.V. (“CSN B.V.”), entered into a binding agreement with the shareholders of Total Specific Solutions (TSS) B.V. (“TSS”), to purchase 100% of the shares of Netherlands based TSS, for a total purchase price of approximately €240 million before adjusting for claims under the representations and warranties of the Agreement. Constellation has six operating groups that currently service over 40,000 customers in approximately 75 different vertical markets worldwide. He has produced numerous books, papers, podcasts and videos on international business development in the IT industry. Canadian securities laws require that Constellation file a Business Acquisition Report (“BAR”) within 75 days of completing a significant acquisition.  The TSS BAR will outline in further detail the historical results of the company and its constituent businesses and will be available at www.sedar.com.  Constellation will provide details of the TSS financial results separately within the CSI quarterly financial statements for several quarters post-acquisition. Why the €135M Healthcare Platform Project Went to Epic/NNIT, The direct vs. indirect go-to-market approach, The Path From Business Development to Marketing and Sales. Constellation Software is a Canadian diversified software company. About Total Specific Solutions (TSS) B.V. TSS is the leading company for business solutions and consists of independent business units that deliver products and services to their specific … Becoming part of TSS Grow your company within our network At Total Specific Solutions (TSS), we believe that people are the heart and the engine of a company. Will There Be More Remote Working after the Pandemic Is Over? This market expertise is based on decades of experience. updates from constellation Software Inc. #1200 - 20 Adelaide Street East Toronto, ON M5C 2T6 CANADA. As part of Constellation Software Inc. (CSI), one of North America’s largest and most respected software companies and listed on the Canadian Stock Exchange, Total Specific Solutions is always seeking acquisition opportunities to add value to our existing vertical markets and is equally excited to explore new verticals when great … The company was founded by Mark Leonard, a former venture capitalist, in 1996. TSS is one of Constellation’s six Operating Group companies, based in the Netherlands and solely focused on the European vertical market software industry. Hans Peter is also a keynote speaker, workshop facilitator, and an advisor for governments and companies. Constellation Software buys PE-backed software provider Vicrea Total Specific Solutions. The company is based in Utrecht, the The company develops and distributes information technology management systems and consulting services and consists of independent business units that deliver products and services to their specific vertical market segment. More information on the website: www.totalspecificsolutions.com. TSS is part of Constellation Software Inc. (CSI), a public company listed on the Canadian Stock Exchange. Constellation Software Inc. (“Constellation”) (Toronto, Canada) have announced that it has, through its wholly-owned subsidiary Constellation Software Netherlands B.V. (“CSN B.V.”), entered into a binding agreement with the shareholders of Total Specific … Total Specific Solutions is the leading provider of IT business solutions and consists of independent business units that deliver products and services to their specific vertical market segments. * CONSTELLATION SOFTWARE’S TOTAL SPECIFIC SOLUTIONS ACQUIRES FDC A/S Source text for Eikon: Further company coverage: Quote and financial data from Refinitiv. TORONTO, Aug. 01, 2019 -- Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its division Total Specific Solutions … © Copyright Constellation Software Inc. All Rights Reserved. Tel: 00 31 88 6603333. TSS is larger than Constellation’s previous acquisitions.  Annual gross revenues of TSS are approximately €174 million and total tangible assets at December 31, 2012 were approximately €71 million.  TSS employs approximately 1,400 employees.  The purchase price is approximately 2.65 times TSS’s 2013 forecast Net Maintenance Revenues. We anticipate that a new generation of software will increasingly be developed from a European perspective. Generally, these businesses provide mission-critical software solutions that address the specific needs of customers in particular vertical markets. For further information, contact: Total Specific Solutions. Robin van Poelje, CEO Total Specific Solutions, According to Robin van Poelje, CEO of TSS, “TSS wants to continue to grow and innovate. Total Specific Solutions (TSS) has 1,400 employees and a turnover of €174 million in 2012 (excluding employees and turnover of TASS). About Constellation … It is based in Toronto, Canada, is listed on the Toronto Stock Exchange, and is a constituent of the S&P/TSX 60.. He holds an M.Sc. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support LinkedIn: https://www.linkedin.com/in/hanspeterbech, Constellation Software Acquires Total Specific Solutions, https://tbkconsult.com/wp-content/uploads/2015/11/logo_banner_90x270.jpg, https://tbkconsult.com/wp-content/uploads/2014/01/Screen-Shot-2014-01-06-at-19.07.551.png. Constellation Software Inc. announced today that it has, through its wholly-owned subsidiary Constellation Software Netherlands B.V. , entered into a binding agreement with the shareholders of... | December 16, 2013 Becoming a Thought Leader – Generating Inbound Leads on a Shoestring Budget. However, Constellation recently announced its intention to spin out and list their interest in Topicus.com. About Total Specific Solutions. Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. About Topicus. Constellation may sell a minority stake in the TSS business to the management of the business and some related investors. TORONTO, ON, AUGUST 1, 2019 – Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its division Total Specific Solutions (“TSS”) has completed the acquisition of Salvia Développement SAS (“Salvia”), a French provider and integrator of software solutions for private companies, real estate- and local public entities. Provide an email address and receive a.choho@totalspecificsolutions.nl. Total Specific Solutions Abdeluheb Choho Chief Marketing Officer 00 31 88 6603333 a.choho@totalspecificsolutions.nl www.totalspecificsolutions.nl Constellation Software Inc. Constellation Software acquires Total Specific Solutions. About Total Specific Solutions. But you can send us an email and we'll get back to you, asap. About Constellation Software Inc. Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Joday Investments II B.V., a shareholder of Total Specific Solutions (TSS) B.V., together with certain individual investors affiliated … That is the reason why Total Specific Solutions has a 'buy-and-hold-forever' strategy." Topicus is a Netherlands based leader in building and running smart vertical market software since 2001. All Rights Reserved. In conjunction with the acquisition, Constellation has amended its existing credit facility to add a new one year term loan in the amount of US$350 million which may only be used for the purposes of funding the TSS acquisition and related expenses.  Before this loan matures, Constellation expects to refinance the TSS acquisition on a stand-alone basis.  As explained in Constellation’s last President’s Letter to Shareholders, a number of private equity firms have successfully built portfolios of large VMS businesses using leveraged capital structures.  They have effectively dominated the market for large VMS acquisitions.  Constellation is planning to adopt some of their financing techniques so that it can more effectively compete for large VMS acquisitions such as TSS. Total Specific Solutions (TSS) B.V. provides IT consulting and database management services. TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) - Constellation Software Inc. ("Constellation") (TSX:CSU) today announced that its subsidiary, Total Specific Solutions (TSS) B.V. ("TSS"), acquired all shares in the capital of OLK B.V. ("Itris"), a leading software provider of property management software solutions in the Netherlands. IJssel B.V. will own 9.0%. Constellation Software Inc. announced today that it has, through its wholly-owned subsidiary Constellation Software Netherlands B.V. , completed the purchase of 100% of the shares of... | December 14, 2020 Constellation software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. About Topicus. The TSS acquisition closed on December 31, 2013. The TSS companies are specialized technology companies with a focus on a particular expertise or a specific market sector. About Total Specific Solutions (TSS) B.V. Total Specific Solutions is the leading provider of IT business solutions and consists of independent business units that deliver products and services to their specific vertical market segments. TSS software makes a fundamental difference to healthcare organizations, governments and financial institutions by helping them realize their ambitions. Total Specific Solutions General Information Description. Vicrea. in macroeconomics and political science from the University of Copenhagen. TSS is the largest vertical market software (“VMS”) business based in the Netherlands, with offerings for the general practitioner, pharmacy, long term care, mental care, property tax, and civil affairs markets.  It also owns several non-VMS businesses, primarily involved in information technology services.  TSS will form a new Operating Group within Constellation. About Constellation Software Inc. 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