Total Specific Solutions (TSS) has acquired 100% of the shares of eLoo, a leading and reliable software developer for enthusiastic schools
eLoo has entered into a strategic partnership with TSS. Under this renewed collaboration, eLoo will become an autonomous business unit within TSS, providing it with full access to expertise in successfully leading a software company.
With Total Specific Solutions on board, eLoo is poised for the next phase of the business: “We are proud to welcome eLoo to TSS. The eLoo team has in-depth knowledge of the market. They have developed a platform that responds well to the needs of their sector in collaboration with schools. Their reputation as pioneers and their pragmatic market approach seamlessly fit with TSS’s vision”, said Abdelmoula Salah of Total Specific Solutions.
Lindenaar & Co advised the shareholders of eLoo and coordinated the entire transaction process, including drafting the information memorandum and financial model, identifying potential buyers, evaluating bids, conducting negotiations and coordinating the due diligence process.
eLoo
Since 2013, eLoo has been developing software for and in collaboration with schools and is one of the market leaders in quality development in the Dutch education sector. The eLoo platform consists of modules for lesson observations, professional development, school surveys and an analysis module for all data.
Total Specific Solutions
Total Specific Solutions, part of Constellation Software Inc. (CSI), one of the largest and most respected software companies in North America, has a stake in various software companies focusing on the education sector in Portugal, Sweden, Germany, France and Poland. They provide financial security, strategic guidance and share best practices, enabling them to become leaders in their respective domains.