QUBE Automotive

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: Undisclosed
• Sector: Automotive Software / IT Solutions
• Advisor: 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.