Leading Field Service Management Software Company Totalmobile Announces Strategic Acquisition of TBS to Strengthen Market Share and Product Capability
5th February 2019 – Belfast-based Totalmobile, a leading innovator in Field Service Management (FSM) and Mobile Workforce Software Solutions, has today announced the strategic acquisition of Technological Business Solutions (TBS), which will add significant scale, new market verticals and new and improved products into the Totalmobile Group.
Following a transformational year in 2018 (which saw revenues grow in excess of 20%, software sales increase by over 30% year on year and the company return to profitability following its transition to a software as a service (SaaS) business model), Totalmobile has acquired 100% of Derby-based TBS – a FSM specialist similar to Totalmobile but with significant reach in the Facilities Management Industry and strong IoT capability.
TBS’ FSM and IoT technology is deployed in some of the UK’s largest and most complex organisations and will complement Totalmobile’s core proposition whilst adding a commercially proven range of IoT software solutions to the Group’s product suite. This will enable customers to minimise the reliance on paperwork and help workforces deliver better services to end-users, whilst ensuring compliance assurance and visibility.
The new Totalmobile Group will service some 250 organisations across a broad range of sectors including Healthcare, Utilities, Construction/Infrastructure, Local Government and Facilities Management. The Group’s comprehensive suite of digital, mobile software solutions will enable organisations to leverage operational and financial benefits by enhancing mobile worker capacity, delivering operational cost reductions, improving the consistency of customer service, and enhancing compliance assurance and reporting.
This exciting acquisition for the Totalmobile Group (which remains strongly backed and supported by leading technology-private equity firm Horizon Capital), come on the back of the recently signed strategic partnership between Servelec and Totalmobile, and the recent news of Totalmobile’s investment in a new Infrastructure Division. Servelec, the UK’s leading provider of health and social care software will work strategically with Totalmobile to enable the delivery of mobile workforce efficiencies into their extensive health-sector customer base, whilst the new Infrastructure Division will focus on deploying Totalmobile’s Mobilise, Optimise and Analyse products (and now TBS’ IoT capability) into the Utilities and Infrastructure sectors.
In the expanded Totalmobile Group, Jon Poynton of TBS will join the Group Management Board as MD TBS, and will be supported by Steve Reynolds, his co-founder.
Mark Rogerson, Executive Chair of Totalmobile Group comments: “Over the past few years, Totalmobile has emerged as one of Europe’s leading Field Service Management software organisations. We have focused on developing the best FSM technologies wrapped with unrivalled customer service and data analytics. With our transition to a SaaS-based delivery model nearing completion, we have listened carefully to our customers and the acquisitions of TBS represents our intent to build on our success by adding new solutions across a variety of market sectors where mobile working adoption and benefits realisation is high. Jim Darragh, CEO of Totalmobile, the whole of the Totalmobile Team and I look forward to working closely with Steve and Jon and their teams to deliver transformational outcomes for our customers in this fast-growing and exciting Sector.”