SARMIS Capital has acquired Total Technologies, enhancing its strategic position in Romania's automation and data capture market through Smart ID Technology.
Target Information
Total Technologies is a leading integrator of customized digital solutions with more than 30 years of experience in the Romanian technology market. The company specializes in integrating specialized solutions for automatic data collection and processing, catering to sectors such as retail, manufacturing, logistics, and distribution. With a strong focus on enhancing operational workflows and reducing costs, Total Technologies has achieved recognition as an official Honeywell Platinum Elite Partner and the only authorized Honeywell Center of Excellence in Romania.
In recent years, Total Technologies has been awarded the title of 'Solution Partner of the Year' at Honeywell's annual Partner Kickoff Event, showcasing its commitment to delivering high-quality service and innovative solutions to its clients. The company boasts a comprehensive portfolio that includes strategic partnerships in autonomous and industrial robots and specialized software, ensuring it meets the varied needs of its market.
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Industry Overview
The technology sector in Romania is experiencing robust growth, buoyed by an increasing demand for automation and data-driven solutions across various industries. The country has established itself as a key player in Central and Eastern Europe, attract
Similar Deals
Smart ID Technology
invested in
Total Technologies
in 2024
in a Buyout deal
Disclosed details
Transaction Size: $25M
Revenue: $38M