Sales of TDS Informationstechnologie's Dutch IT subsidiaries to IT services provider Centric.
We supported German IT company TDS Informations-technologie in the successful sale of its two Dutch subsidiaries to IT services provider Centric.
TDS Informations-technologie (now Fujitsu TDS) offers a complete service portfolio for SAP and IT outsourcing. The company’s industry-specific knowledge and its skills in ERP software and SAP applications provide the basis for highly innovative solutions. TDS’s outsourcing services enable its customers to run their IT systems from a TDS data center. The company decided to sell its Dutch subsidiaries after a change in strategy and a decision to focus on German-speaking countries.
When TDS asked us to find a strategic buyer for its Dutch units, we set up a limited auction with very tight timelines to provide TDS’s Dutch organization with a clear view of the future as quickly as possible. We targeted potential buyers we knew would value the company’s unique proposition in SAP application management, hosting and support in the Netherlands. In less than four weeks, we reached a mutually satisfying agreement with Centric and closed the transaction.
What happened next?
Centric fully integrated TDS’s Dutch activities into its organization and has been[GM1] able to expand its service offering in ERP and SAP application management, hosting and consulting.