AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, a Romanian company specializing in providing fleet management solutions, has acquired Centrul de Soft GPS SRL, known in the market under the CDS brand. Acquired.
“We are pleased to start the year with even more good news for our colleagues, partners and investors by signing a new M&A deal, this time in Fleet Management for AROBS, our software products business line. The newly acquired entity strengthens the Company’s position as market leader in Romania thanks to 1,000 new active clients joining his over 10,000 clients from the AROBS portfolio. Through this acquisition, the strategic importance of the software products business line, especially fleet management, was confirmed. In 2023, we will enter the second year of AROBS in the capital markets and aim to continue accelerating growth through intense M&A activity. We also always aim to increase our presence in the software product market by bringing new companies next to us.Voicu Oprean, Founder and CEO of AROBS, said:
Centrul de Soft GPS is the fleet management division of Centrul de Soft Pro until June 2022, when the company split process takes place and AROBS has fully taken over the new entity created under this name. The two companies did not disclose the amount of the transaction. The financial position of Centrul de Soft GPS will be included in the balance sheet consolidation for 2022, with additional financial results from the first month of 2023.
Centrul de Soft GPS is a company that develops ERP type applications and provides solutions for fleet management, fleet monitoring, security applications or stolen vehicle recovery. Centrul de Soft GPS’ client portfolio consists of his more than 1,000 companies with approximately 9,000 monitored vehicles. Claudiu Dordea will run the company as CEO. He previously headed this division within Centrul de Soft Pro.
“Users from all industries appreciate the fleet management solutions developed by Centrul de Soft GPS. In preparing the process, it was a great pleasure to find many similarities identified throughout this transaction.” This adds value to the CDS GPS client.” said Claudiu Dordea, Founder and CEO of Centrul de Soft GPS.
AROBS Transilvania Software has been in the fleet management market since 2005 through the group’s reference software product, TrackGPS. The company is currently present in Europe and Asia. In 2018, AROBS acquired his SAS Group and recently renamed it SASFleet Tracking. In the last two months, AROBS announced his acquisition of AROBS TrackGPS Moldova and Centrul de Soft GPS. This strengthens the Fleet Management business line of software products, of which his TrackGPS and SASFleet -alrma.ro software products are the most powerful in the world. market.
The Moldovan fleet management company has over 450 partners in its portfolio, 5,000 monitored vehicles and CDS GPS – over 1,000 clients and 9,000 vehicles registered on the platform. This business line therefore has over 11,000 of his partners who use AROBS Group’s fleet management solutions on 130,000 monitored vehicles.
“We are thrilled that AROBS has signed this transaction to take over the activities of providing fleet management and monitoring services provided by Centrul de Soft Pro. We intend to develop partnerships with all Centrul de Soft GPS clients and offer a more diversified portfolio of products and services through AROBS’ digital platform. Combining the two businesses can bring added value to the business digitalization process, vehicle electrification and vehicle cost efficiency. This new acquisition is important to us as it strengthens our position in the top 10 companies in Central and Eastern Europe and supports our journey to becoming an increasingly prominent player at the international level. In addition, we continue to invest in developing new solutions and proposing new business models for both private and public sector clients.said Ovidiu Bojan of Fleet Management, Executive Director of the Software Products Business Line.
Since closing its private placement in October 2021, AROBS has acquired Berg Software, AROBS Engineering (formerly business line Enea Software Development Services Romania) and the Nordlogic Group of companies. In addition, in the next period, AROBS will complete the acquisition of entities from the Republic of Moldova, AROBS Software and AROBS TrackGPS, approved at the Extraordinary General Meeting of Shareholders on December 22, 2022.
AROBS Transilvania Software is listed on the AeRO market of the Bucharest Stock Exchange as of December 6, 2021. Currently, the company has a market capitalization of around 853 million lei.
