Topicus.com Inc. Acquires 9.99% Stake in Asseco Poland S.A.: A Strategic Move in the Pan-European Software Market

Topicus.com Inc. (TOI.V), a leading pan-European provider of vertical market software and platforms, has made a strategic move by acquiring a 9.99% stake in Asseco Poland S.A. (ASN.WA), a well-established vertical market software solution provider in Poland. The acquisition, valued at approximately PLN 705 million ($173 million), aligns with Topicus.com's investment philosophy and offers several strategic benefits.

Asseco Poland S.A. operates in 62 countries worldwide, offering comprehensive, proprietary IT solutions for all sectors of the economy. The company's diverse range of solutions, including banking, payment, insurance, public administration, healthcare, defense, energy, telecommunications, and media, makes it an attractive investment for Topicus.com Inc. By acquiring a significant stake in Asseco Poland, Topicus.com gains access to this diverse portfolio of solutions, which can be leveraged to expand its offerings to clients in public and private sector markets.

The acquisition also allows Topicus.com Inc. to expand its market reach, as Asseco Poland operates in various countries across Europe, the United States, Israel, Africa, and internationally. This global presence enables Topicus.com to tap into new markets and strengthen its position as a pan-European provider of vertical market software and platforms.

Moreover, the acquisition of Asseco Poland S.A. shares fits well into Topicus.com Inc.'s broader strategy of acquiring, building, and managing leading software companies in Europe. Topicus.com specializes in providing specialized, mission-critical, and high-impact software solutions that address the particular needs of customers. By acquiring a stake in Asseco Poland, Topicus.com Inc. is expanding its portfolio of leading software companies in Europe, further solidifying its position in the pan-European software market.

In conclusion, Topicus.com Inc.'s acquisition of a 9.99% stake in Asseco Poland S.A. is a strategic move that aligns with the company's investment philosophy and broader strategy. The acquisition offers several strategic benefits, including access to a diverse range of IT solutions, expansion into new markets, and the strengthening of Topicus.com's position in the pan-European software market. Asseco Poland S.A.'s focus on mission-critical processes and its diverse range of industries served further enhances Topicus.com Inc.'s ability to provide specialized, mission-critical, and high-impact software solutions to its clients.