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Topicus.com Expands European Footprint with Cipal Schaubroeck Acquisition

Story Highlights
  • Topicus.com provides specialized software across Europe’s public and private sectors.
  • Topicus.com is acquiring Belgian firm Cipal Schaubroeck to strengthen its market position.
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Topicus.com Expands European Footprint with Cipal Schaubroeck Acquisition

Topicus.com ( (TSE:TOI) ) just unveiled an announcement.

Topicus.com Inc., through its subsidiary Total Specific Solutions, has agreed to acquire Cipal Schaubroeck NV, a Belgian software provider focused on the local government sector. This acquisition is poised to enhance Topicus.com’s presence in the vertical market software industry, particularly in the European public sector, by integrating Cipal Schaubroeck’s expertise and substantial revenue base.

More about Topicus.com

Topicus.com Inc. is a prominent pan-European provider specializing in vertical market software and platforms, catering to both public and private sectors. The company focuses on acquiring, developing, and managing software firms that deliver specialized, mission-critical software solutions across various European markets.

YTD Price Performance: -5.06%

Average Trading Volume: 8,700

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $6.9B

Find detailed analytics on TOI stock on TipRanks’ Stock Analysis page.

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