The German software company CIC Software GmbH has joined Total Specific Solutions DACH. This is TSS DACH’s first finance solution provider, focusing specifically on sales financing and dealership wholesale financing. CIC is the 14th company to join TSS DACH. CIC Software has an end-to-end software solution for leasing companies and banks, as well as consumer financing with credit companies in the DACH region. It covers all processes from the front office, self-services via the middle office with applications, credit checks, and Risk Engine to the back office with contract management and additional local GAP and IFRS financial accounting. Jasper Bollen, General Manager at TSS DACH: “I am very excited that this dedicated vertical market software company has joined TSS DACH. Their 'Overall Digital Concept' covers all the aspects of the service chain for financial service providers - vertically and horizontally. This means that 98% of all front-, mid-, and back-office are fully digitized. …” Rainer Eschbaumer, Managing Director at CIC: "CIC has grown to become a leading software solution provider in our sector and has reached a position that we are all very proud of. The perpetual ownership of TSS provides us with a strong foundation on which we can continue our future as an independent business of TSS. …” Harald Cich, Managing Director at CIC: "As we were looking for a new investor, we also liked that TSS is a software company and understands the business of B2B software. They know the value of VMS solutions, which are mission-critical for the end users. …” Read the entire quotes and the press release here: https://lnkd.in/edYV7XgF #MandA #mergersandacquisitions #VMS #verticalmarketsoftware #financialsoftware #creditmanagement #financialservicesindustry #softwarecompany Kristof Wendy
Meinen herzlichen Glückwunsch an das TSS M&A Team. Ein toller Erfolg!
Product Owner at Solare-it
7moHerzlich Willkommen !