Total Specific Solutions enters the Portuguese market with the acquisition of Algardata

Jul 04, 2022 Portugal
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Total Specific Solutions (“TSS”) has acquired Algardata Sistemas Informáticos, S.A., a leading software provider of dedicated business solutions and services to verticals such as hospitality, retail, logistics, and agriculture. This is TSS’s first acquisition in the Portuguese software market.

Algardata offers several software products to their customers, from specific vertical to horizontal business solutions. The company provides solutions for the hospitality vertical, like the leading solutions: Hotai and UnykTV. The mobile enterprise and mobile logistics add-ons offer functionalities on top of ERP back-office solutions, typically used in hospitality as well. In addition, Algardata offers weighing and waste management software applications like SIGER and Pesagens for the logistics and distribution vertical. Finally, Algardata offers managed services in combination with reselling third-party solutions and consulting on top of their own solutions.

Michiel Walsteijn, General Manager at TSS: “We are pleased to welcome Algardata to TSS. It offers services and solutions to different verticals and enterprises, which gives us a lot of knowledge of how the Portuguese market and verticals work. It is a solid foundation to continue our journey in Portugal. Algardata is a family-built business with a strong position in the market. TSS can give them the support and insights so that Algardata can take the next step and continue its growth path. I look forward to working with Claudio Correia and his entire team on the next leg of the journey as part of TSS.”

Claudio Correia, founder and Managing Director of Algardata: "We founded the company in 1990 and are very proud of where we are today. We continuously follow the market trends and anticipate our customer needs resulting in all the dedicated solutions and services for our clients and high customer satisfaction. We are now at the point where we require a large company's backing to continue our ambitions. TSS believes in 'Software for Life,' which I found very appealing. It means continuity for our clients, employees, and the company we have built for so many years; it is an investment for the long-term, for life. We keep the brand we carefully developed over time and remain an independent business unit of TSS. And we gain access to the vast library of knowledge and the many best practices for building successful software companies.
I look forward to working closely with Michiel and meeting our new TSS colleagues."

Algardata

Algardata is a family-owned technology company founded in 1990. It offers software development, managed services, and consultancy on top of many dedicated process or vertical market business software solutions. Algardata is a pioneer in developing and introducing technological solutions, focused on supporting the management of companies in various sectors of activity, nationally and internationally. Algardata focuses on results, is committed to partnership and loyalty, and searches for innovation and constant effectiveness. It has its headquarters in Loulé, additional offices in Lisbon, Beja, and Portimão (Portugal), and a presence in Angola, Argentina, and Spain.

If you are an owner of a Vertical Market Software company and you would like to know more about joining TSS, please contact:

Dennis Paijmans
Manager M&A & Business Development
Phone: +31 6 153 561 78
Email: d.paijmans@tss-vms.com www.algardata.com Share: