Deal typeTransaction Services
IndustryBusiness Services
BDO acted as a Tax advisor to Total Specific Solutions (TSS) on their acquisition of Mobil Informational Systems Limited.
TSS is a global provider of IT business solutions, and part of the pan-European Topicus.com Inc group of vertical market software and platforms. The company, which is listed on the Canadian TSX Venture Exchange, is active in sectors including healthcare, government, financial and legal services, accountancy, agriculture, automotive, construction, education, geoscience, hospitality, manufacturing, maritime, mobility, publishing, real estate, and retail.
Mobil Information Systems (MIS) is an Irish in-vehicle telematic solutions provider, which develops software to facilitate better fleet management across a range of industries, has clients in Ireland as well as the US, Mexico and South Africa. The company is headquartered in Swords and also has an office in Cardiff.
The deal represents TSS's seventh acquisition in the UK and Ireland, and its second of an Irish software company. Topicus reported turnover of c. €916.7m and EBITDA of €221.3m in 2021.
The team advising on the deal was led by Angela Fleming.
TSS is a global provider of IT business solutions, and part of the pan-European Topicus.com Inc group of vertical market software and platforms. The company, which is listed on the Canadian TSX Venture Exchange, is active in sectors including healthcare, government, financial and legal services, accountancy, agriculture, automotive, construction, education, geoscience, hospitality, manufacturing, maritime, mobility, publishing, real estate, and retail.
Mobil Information Systems (MIS) is an Irish in-vehicle telematic solutions provider, which develops software to facilitate better fleet management across a range of industries, has clients in Ireland as well as the US, Mexico and South Africa. The company is headquartered in Swords and also has an office in Cardiff.
The deal represents TSS's seventh acquisition in the UK and Ireland, and its second of an Irish software company. Topicus reported turnover of c. €916.7m and EBITDA of €221.3m in 2021.
The team advising on the deal was led by Angela Fleming.