2025-06-26
Smart ID Technology acquires the Business Solutions division from HTSS, strengthening its position in the integrated digital solutions market
Bucharest, June 26. Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the acquisition of the Business Solutions division of High-Tech Systems & Software (HTSS). This strategic transaction aims to take over both a valuable team with solid experience in the architecture, development and delivery of customized software solutions, as well as two proprietary software products with high potential: the automatic shift planning solution Shiftin and the eLearning platform Mindclass.
The transaction strengthens Smart ID's strategic position as an integrated provider of value-added digital solutions for industries such as retail, logistics, manufacturing, healthcare and services. The acquisition builds upon the strong complementarity between the product portfolios and technical expertise of the two companies.
“By integrating the team and the two products, Mindclass and Shiftin, we expand our ability to deliver scalable software solutions with real impact on our clients’ operations,” said Daniel Boangiu, CO-founder & CEO of Smart ID Technology. “We are excited to welcome professionals with a strong product DNA to the team, who will contribute to strengthening the Logistics and Business Solutions division. Together, we will deliver digital platforms that bring real differentiation to the market.”
Petru David, Investment Manager of Sarmis Capital, emphasized the importance of this moment: "This acquisition marks a significant step in our strategy to build a regional leader in digital solutions. Smart ID is already a major player in the domestic software industry, with products and teams validated by the market. We will continue to support this evolution through additional investments and expertise."
“For HTSS, the transaction provides continuity of the transferred products and team, in an environment conducive to development,” added Adriana Lungu, CFO of HTSS. “We are confident that Smart ID is the right partner to take these solutions forward.”
Mindclass is a next-generation eLearning platform that supports employee training and development at an organizational scale. Mindclass brings together the eLearning process supported by an artificial intelligence (AI)-based system, development, skills and interactive capabilities, such as gamification and augmented reality, into a personalized user experience.
Shiftin is a smart automatic shift planning application, created for operational teams in fields where efficient work schedule organization is essential. The solution addresses the needs of managers and employees in retail chains, production teams or logistics warehouses, offering a quick and easy way to create and adjust schedules. By using Shiftin, companies can optimize their human resource planning, allocating human resources where it matters most - at key business moments. In addition, Shiftin reduces the time spent on planning, ensures compliance with legal regulations and provides transparency and flexibility for everyone involved.
The custom software development team brings advanced skills in full-stack technologies, web and mobile applications, turnkey enterprise solutions and systems integration, and solid experience in agile delivery, data engineering and UX, complements Smart ID's technical capabilities and will play an essential role in future product and platform initiatives.
The entire team will be integrated into Smart ID's Logistics and Business Solutions division, forming an extended competence center for product development and implementation of customized solutions.
About Smart ID
Smart ID Technology is one of the most important local technology providers, with over 15 years of experience in providing integrated solutions that combine software, hardware and automation, dedicated to companies that aim to optimize costs and increase their productivity. With a performance-oriented approach, the company addresses industries that operate in complex and dynamic environments, such as retail, logistics and manufacturing, offering critical business solutions to streamline processes and improve operational flows. Whether it is the implementation of high-performance equipment, the development of software adapted to specific requirements or the automation of critical processes, the company's mission is to provide solutions that generate real and sustainable value for its partners.
Despre SARMIS Capital
Sarmis Capital is an independent private equity fund established in 2019, focused on investments in Central and Eastern Europe. It is the largest fund of this type raised in Romania by a local team. SARMIS brings not only financial capital to its portfolio companies, but also significant strategic, operational, and consolidation expertise. In addition to Smart ID Technology, SARMIS Capital’s portfolio includes MG-Tec Industry, BMF Grup, and Corporate Office Solutions.
Despre HTSS
High-Tech Systems & Software (HTSS) is a Romanian technology company specialized in developing proprietary software platforms and digital solutions for companies. HTSS has served important clients in healthcare, retail and services over time and is recognized for the innovation brought by the Mindclass and Shiftin platforms.