Transition Technologies MS (TTMS) has submitted an application to the Polish Financial Supervision Authority (KNF) to resume prospectus proceedings in connection with the planned public offering of shares and debut on the Warsaw Stock Exchange (GPW).
Recent months mark a period of intense growth for the company:
- We acquired the Swiss company Pixel Plus, continuing our acquisition strategy in international markets.
- We opened another subsidiary (TTMS Software India), strengthening our position as a global provider of international services.
- We reinforced our position in the Nordic markets, which created the need to open a second office in Denmark.
- We expanded our portfolio with new AI-based projects, evolving towards a company focused on offering the most comprehensive and technologically advanced solutions.
The application for the approval of TTMS’s prospectus was originally submitted to the KNF in 2021. Due to unfavorable geopolitical conditions and the resulting high volatility in financial markets, the proceedings were suspended in March 2022.
“We are an internationally oriented company, and our goal is to become a global IT service provider. Since our inception, we have recorded dynamic revenue growth. Especially in the past two years, we have grown significantly both organically and through acquisitions. […] Given the prevailing market trends related to rapid technological advancements, particularly in artificial intelligence and the need for continuous IT systems development, we are confident that the market we operate in has very good development prospects,” says TTMS CEO, Sebastian Sokołowski.