AROBS Transilvania Software, a specialized provider of outsourced business solutions based in Romania, signed an agreement to acquire human resources management business, UCMS Romania from TMF Group. The company didn’t release the value of the transaction.
“We are delighted to be adding two recognized HR products to our offering, adding expertise, cementing growth and providing even better services and products for our clients. We look forward to continuing to strengthen our market position and product lines for international and domestic markets,” said Voicu Oprean, Founder and CEO of AROBS Transilvania Software.
The acquisition is said to be an important stage in AROBS Transilvania Software’s growth strategy, adding UCMS Romania’s two recognized HR products to its offering – True HR and dpPayroll. One key aim for the company is further developing the customer experience for users of the products, in addition to enhancing response times during the implementation process and improving applications through state-of-the-art technologies.
AROBS Transilvania Software has been growing through acquisitions since 2013 aiding in strengthening and diversifying the industries it operates in, including automotive, travel and hospitality, life sciences and enterprise applications.
“We are pleased to agree this transaction with ARBOS Transilvania Software, and believe they are well placed in the market to further develop and enhance UCMS Romania’s product line. We will work closely with AROBS Transilvania Software to support a seamless transition for our clients and employees,” said Daniel Proychev, Managing Director, South East Europe at TMF Group.
Completion of the transaction is subject to regulatory approval in Romania.
In over 20 years since its establishment, AROBS Transilvania Software has developed its own product line for domestic and international markets (Optimall SFA, TrackGPS, Optimall WMS, Optimall Logistic, etc.), and become highly specialised in delivering outsourced solutions to industries including Automotive Engineering, Travel Software, Hospitality Solutions, Life Sciences, Home Automation Systems, IoT, Cloud application development – Enterprises.
At present, over 800 employees and collaborators work at the AROBS offices in Romania – in Cluj-Napoca, Tirgu Mures, Baia Mare, Arad, Suceava, Iasi, and Bucharest. In addition, the company has several international subsidiaries in Germany, Hungary, the Republic of Moldova, Indonesia and CoSo by AROBS in the Netherlands and Belgium.