VASS signs an agreement to acquire One Inside

VASS, a portfolio company of private equity firm One Equity Partners, entered into a share purchase agreement for the acquisition of the Swiss company One Inside. The acquisition reinforces VASS’ positioning in Central Europe by entering the Swiss market and strengthens the partnership with Adobe as one of its main partners in the region.

From the other side, through the partnership One Inside wins a strong European partner in order to offer digitalization projects from strategy to execution. Together the enterprises will offer their customers a comprehensive portfolio of IT solutions on an international basis. As Clemens Bussinger, CEO of One Inside, says: “Joining VASS will further our specialisation in creating extraordinary experiences for our customers with a focus on Adobe solutions.”

The Swiss-based company One Inside is specialising in Adobe’s technology solutions and offers IT consulting. Founded in1998 in Sissach, the company creates customer experiences for its clients focusing on Adobe solutions. One Inside employs more than 70 experts at 5 different locations in Switzerland, Germany and North Macedonia and offers services to a number of renowned Swiss customers.

VASS is an European IT consulting enterprise with its roots in Spain, now present in 21 countries worldwide, focusing on digitalization. Partnering with One Inside is part of VASS’ comprehensive M&A strategy to form a European champion in CX consulting. The group expects to exceed €260 million in total sales by 2022, while further diversifying it’s footprint, generating more than 45% of sales internationally.

“Our customers will benefit from the acquisition of One Inside, which brings a strong track record of success in implementing complex customer experience projects in the Adobe environment. It will also allow us to strengthen our presence as a solution provider in Central Europe, and opens a door to Switzerland, a market with great potential and where we want to become a benchmark in terms of digital solution providers,” says Fco. Javier Latasa, VASS’s CEO.

CMS has advised the shareholders of One Inside on all legal and tax matters in connection with the transaction. The Swiss team was led by Daniel Jenny (partner, corporate / m&a), Mark Cagienard (partner, tax) and associate Ferdinand Blezinger (corporate / m&a) in collaboration with the German and North Macedonia’s offices.