Deal History
Acquirer: Total Specific Solutions (TSS)
QUBE Automotive, a UK-based provider of software and IT solutions for international vehicle manufacturers' aftersales, trade, and purchase requirements, has been acquired by Dutch vertical market software firm Total Specific Solutions (TSS). This transaction is designed to accelerate QUBE Automotive's growth strategy and expand TSS's automotive portfolio in the UK and mainland Europe. Summary of transaction details: Value: Not disclosed Sector: Software & SaaS (Automotive) Advisor: KBS Corporate (advised by Joe Norris) Key Entities: Target: QUBE Automotive; Acquirer: Total Specific Solutions (TSS) Location: Target: Maidstone, UK; Acquirer: Netherlands-based (TSS) Note: This acquisition strategically positions QUBE Automotive within TSS, providing access to a larger international group's resources and best practices, which is expected to drive further innovation and market leadership. For TSS, it strengthens their offering in the automotive vertical and expands their footprint in key European markets.
Acquirer: Total Specific Solutions (TSS)
QUBE Automotive, a UK-based provider of software and IT solutions for international vehicle manufacturers, has been acquired by Dutch vertical market software firm Total Specific Solutions (TSS) in a move designed to accelerate QUBE's growth strategy and expand TSS's automotive portfolio.Summary of transaction details:Value: UndisclosedSector: Automotive Software / IT SolutionsAdvisor: KBS Corporate (advised QUBE)Key Entities: Target: QUBE Automotive, Acquirer: Total Specific Solutions (TSS)Location: QUBE Automotive is Maidstone-based (UK); TSS is Dutch-based with international operations.Note: This acquisition strengthens TSS's position in the automotive vertical, particularly in the UK and mainland Europe, by integrating QUBE's specialized software solutions for aftersales, trade, and purchase requirements. For QUBE, the transaction provides the backing of a larger international group, enabling access to extensive resources, knowledge sharing, and best practices to further innovate and expand its offerings in a dynamic market.
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