Korton Groupoperates as a provider of cloud solutions and as a software provider for mobility and passenger transportation. To further grow both segments of the business, Korton Software was sold to Total Specific Solutions through a carve-out.
Carve-out for Further Growth
Peter Altevogt, CEO of Korton Group: “Over the past 22 years, the Korton Group has grown into a leading player in two distinct areas: as a provider of mobility solutions and as a provider of Managed Cloud Services. The time has now come for the Korton Group to split so that both the software and IT cloud businesses can focus on the next phase.”
Vertical Market Software
“For our software solutions, we have found a company in TSS that shares our core values. With this next step and a long-term perspective, the future for Korton Software’s customers and employees is secured. As CEO of Korton Group, I will continue to focus on the further growth of our Managed Cloud Services,” said Peter Altevogt.
Watch the video interview with Peter Altevogt, CEO of Korton Group, about this transaction.
And read more at www.korton.nl/korton-software-wordt-onderdeel-van-total-specific-solutions/
