VASS signs agreement to acquire One Inside, a leading Adobe technology solutions specialist based in Switzerland
13 Apr 2022
- The acquisition reinforces VASS’ positioning in Central Europe through entering the Swiss market and strengthens the partnership with Adobe as one of its main partners in the region.
VASS has entered into an agreement under which VASS will acquire One Inside, an IT consulting firm specializing in Adobe technology integration and implementation. Financial terms of the transaction were not disclosed.
Founded in 1998 in Sissach, Switzerland, One Inside is an Adobe partner firm that has +10 years of experience in the implementation of award-winning CX projects in the field of Adobe Experience Manager as well as complementing products and applications for many of Switzerland’s largest companies. The firm serves its clients to highest satisfaction from 5 offices and with over 70 expert technology professionals located in Switzerland, Germany and North Macedonia.
”Joining VASS will foster our specialization in creating extraordinary customer experiences for our clients focusing on Adobe solutions. It will allow us to deliver digitalization projects from strategy to execution.” says Clemens Bussinger, CEO of One Inside.
With the acquisition of One Inside, VASS enters the Swiss market, the 21st country in which the firm currently operates worldwide and reinforces the group’s positioning in the DACH region (Germany, Austria, and Switzerland). By complementing its services and regional coverage the combined entity of One Inside-VASS will be able to service its clients with a comprehensive solutions portfolio on an international basis.
“Our mutual clients will benefit from the acquisition of One Inside, which bring a strong track record of successful implementation of complex customer experience projects in the Adobe environment. It will also allow us to strengthen our presence as a solutions provider in Central Europe, and opens a door to Switzerland, a market with great potential and where we want to become the benchmark in terms of digital solutions providers,” said Fco. Javier Latasa, CEO of VASS.
The combination with One Inside is in line with the M&A strategy “VASS@400” carried out by the firm since beginning of 2021, which is backed by the US-based Private Equity Firm One Equity Partners and has led to the acquisitions of CRI Group, a company specializing in the digital transformation of European Union entities; ECENTA, a German consulting firm developing Customer Experience solutions; and Comunytek, a company specializing in advanced systems for wholesale banking and capital markets.
“With the acquisition of One Inside we have made another important step in transforming VASS into the leading European Digitization Champion of Spanish origin. VASS is now able to service its customers with innovative solutions across all key markets in Western Europe. We are excited to have 70 highly talented new employees on board”, says Dr. Jörg Zirener, Senior Managing Director of One Equity Partners.
Following the 4th acquisition, the group expects to exceed a total of 260 million euros of sales in 2022, while further diversifying the group’s footprint, ultimately generating more than 45% of sales internationally.