Total Specific Solutions strengthens its foothold in the Portuguese education vertical with the acquisition of Inovar

Sep 30, 2024 Portugal
Back to all insights
Total Specific Solutions ("TSS") has acquired Inovar, which delivers software to public and private schools in Portugal. This acquisition is the 3rd company in the Portuguese education market, following Edubox and Lusoinfo, and the 4th acquisition in Portugal, including Algardata.

Inovar develops and provides an integrated school management solution, which offers solutions for students (a student information system), teachers, school staff (including HR and Payroll), (financial) accounting, and school assets. Inovar's software solution offers various modules and functionalities depending on the customer needs and education segment (from daycare to professional education).
Michiel Walsteijn, General Manager at TSS: "We are pleased to welcome Inovar, one of the leading education software providers in Portugal, to TSS. In just over 15 years, Inovar has built an extensive and comprehensive suite of school management solutions. More than 700 educational establishments use Inovar's applications daily. Inovar works closely with our other Portuguese education companies, Edubox and Lusoinfo, enabling us to offer more complete solutions to our clients. As part of TSS, we will share our insights and knowledge and provide the backing so that Inovar can take the next step: further innovate its suite and continue its growth.
I look forward to working with Joao Pinho, the Managing Director, Frederico Pinto, Sandro Almeida, and the entire team, supporting them as an autonomous business unit of TSS."

Joao Pinho, Managing Director of Inovar: "We are the market leading software company in the Portuguese market for public schools, and we work closely with Edubox, which focuses on the educational tasks of Portuguese municipalities. Taking this next step as a company will bring us closer to our partners, while TSS will broaden our circle of inspiration and knowledge. TSS is a perpetual owner, meaning they buy once and hold it forever, and the companies remain independent business units that bring value to their market. Plus, they focus on knowledge sharing, giving us access to their best practices while we can add our own best practices to the existing TSS companies. This will provide continuity for our clients, employees, and the company and give new insights and energy to continue our future.

I look forward to working closely with Michiel Walsteijn and meeting our new TSS colleagues."

Inovar
Inovar provides software solutions for the education sector in Portugal. Inovar was established to boost the educational and administrative management process. It offers its market School Management Integrated Solutions that are reliable, diversified, and innovative. It integrates information related to students, staff (academic and non-academic staff), accounting, and property, allowing resource optimization with quick and straightforward answers.
The company was founded in 2008 and is based in Oliveira de Azeméis, Portugal. inovar-mais.com Share: