1 February 2024

ARTHOS advises Transition Technologies MS S.A. on its acquisition of Pixel Plus AG

Strengthening TTMSs’ position within software development and AEM in Switzerland
Transition Technologies MS S.A. has entered into an agreement to purchase 55% of shares in the Swiss company Pixel Plus AG.

ARTHOS acted as exclusive financial adviser to TTMS in this transaction. ARTHOS provided full buyside advisory services including evaluating strategic goals to define ideal search criteria, pursue an extensive company screening process, analyzing more than 50 potential strategic partners, arranging management meetings and driving the subsequent M&A process including co-ordination of the due diligence and contract negotiations.

Pixel Plus, established in 2015 and based in Zurich, specializes in projects utilizing Adobe Experience Manager (AEM). The company also offers consulting services and creates software solutions for the banking, public, industrial, and sports sectors.

For TTMS, the Swiss market is one of the key areas – over 70% of TTMS Group’s total sales in 2023 were directed to clients whose main headquarters are located in Switzerland. The acquisition of a majority stake will assist in maintaining relationships with existing clients and reaching new ones, as was the case with the opening of TTMS offices in India and Malaysia and the acquisition of ConCor A/S in Denmark.

This successful acquisition brings TTMS closer to achieving its main goal of becoming a global IT services provider.

About Transition Technologies MS
TTMS is part of the Transition Technologies Group, which is one of the largest IT groups in Poland. It employs more than 2,000 people and has its own branches or subsidiaries around the world, including in the US, UK, France, Germany, Ukraine, Malaysia or Taiwan. It mainly offers outsourcing services to corporations and to the industrial, gas and medical sectors.

About Pixel Plus
Based in Zurich, Pixel Plus is a rapidly expanding digital services company serving international corporations and startups since 2015. Its speciality is projects running on Adobe Experience Manager (AEM). It also provides extensive consulting services and IT solutions for the banking, public sector, industry, and sports.

ARTHOS is an independent M&A advisory firm and specialist for digital media, IT and high-tech industries based in Munich. Since 2003, ARTHOS services customers on the buy- and sell-side regarding the acquisition or disposal of companies and business units worldwide. The managing partners of ARTHOS so far have successfully closed over 200 M&A transactions. ARTHOS is member of AICA – the global Alliance of International Corporate Advisors.