Prague, 19 July 2021 – Solitea acquired a 100% share in Mainstream Technologies, s.r.o. and its parent company Powerstream, a.s. During fifteen years of operation in the Czech market, the aforementioned companies have become the most important partners of Microsoft, the global technology company, in the respective segment. For Solitea, this is already the seventh acquisition of a major partner of Microsoft.
“Microsoft is currently the most important partner for us in the segment of solutions for major companies,” says Martin Cígler, Chairman of the Board of Directors of Solitea. "We have ambitions to become a leader in cloud transformation in the Czech market, and at the same time we are going to become ever more involved in implementation of international projects. Our goal is to take the position of a leading player in the field of comprehensive solutions for protection, visualization and management of IT security. It is the acquisition of Mainstream that will allow us to make this vision true. At the same time, we will also get a number of qualified experts, and I am already looking forward to our cooperation.”
In Central and Eastern Europe, Solitea is one of the largest suppliers of accounting and business information systems (ERP) designed for the commercial segment as well as for state organisations and non-profit organizations. In the Czech Republic, our company is a market leader in the market of cash register systems, and its cloud services are utilised by hundreds of thousands of customers. Solitea also offers complete turnkey outsourcing of wage systems – it is for instance eRecept solution in the Czech Republic; TULLI system for the Finnish customs administration is an example of a foreign implementation.
“Experts, specialists, top consultants and enthusiastic innovators. This is Mainstream after 15 years,” adds Ladislav Šolc, Managing Partner of Mainstream Technologies, s.r.o. "We are also characterized by a long-term cooperation with our customers, who trust us and rely on our advice and experience. I believe that this step means that we have dealt with the annual challenge of creating an attractive environment allowing development of employees, and at the same time we are still a strong partner for our customers. We will maintain a sound corporate culture, while significantly developing our competencies based on the strong connection with SOLITEA Group and its background.”
The current executive management of Mainstream Technologies shall continue to manage the company, and the field of operations of the company is not going to change. The acquisition will not cause any changes for employees, business partners and customers. The acquisition price is not available to the public, and the transaction is subject to approval by the Office for the Protection of Competition (ÚOHS).
About Mainstream Technologies
Mainstream Technologies is a TOP partner for Microsoft and Fortinet as technology leaders, it employs dozens of top experts and holds the best certifications in the industry. The company’s turnover this year is near to CZK 300 million. Mainstream has been providing consulting services and support to large and medium-sized companies and organizations in the Czech Republic for more than 15 years. The portfolio of services is focused from consulting for communication and cooperation, through assistance with digital transformation and adoption, to design and implementation of a hybrid cloud infrastructure. Cybernetic security is a separate specialization, from assessment to implementation of security solutions, making use of artificial intelligence. A strong team that provides services and support 24x7 allows delivering complete system integrator services. More information is available on www.mainstream.cz.
Solitea, a.s. ranks among major European ICT solution providers. The company employs more than 1,000 employees in seven countries, and serves more than 260,000 customers in 15 countries within the European region. This year, the holding expects revenues exceeding CZK 2.5 billion, and is one of the fastest growing IT companies in the region in the long term. In the last four years, Solitea has completed many significant acquisitions of IT companies in the Czech Republic and Slovakia (Altus software, Aquasoft, Axiom, BI Experts, CDL SYSTEM, Cígler software, Clever Decision, D3Soft, Dotykačka, Dynamica, GEMMA Systems, J.K.R., Smart Software, Vema, WBI), in Austria (JET ERP) and in the Balkans (Billans, MIT Informatika, SAOP). Solitea has been strengthening its position as a major European supplier of information technology for commercial entities and state authorities in the long term. More information is available on www.solitea.com.