TeamSystem, an Italian tech and AI company, has announced the expansion of its offerings for businesses and professionals in digital accounting and risk & compliance through two new transactions completed via its subsidiary, Mikrogrup. These transactions include the acquisition of 100% of Bizim Hesap, a cloud-based pre-accounting and business management platform for SMEs, and a minority stake in Nef Solution, a fintech company specializing in financial risk management and compliance solutions.
Founded in 2013 in Istanbul, Bizim Hesap currently serves over 40,000 SME clients and employs 60 people. The company offers an integrated suite of services such as e-invoicing, warehouse management, e-commerce, virtual POS, and fuel management, making it one of the leading players in the Turkish market. Bizim Hesap will join the existing portfolio of Mikrogrup solutions, with founders Mehmet Çelik and Barış İnalpolat remaining with the company to ensure continuity in product development and operations.
Nef Solution, founded in 2021, has quickly developed an AI-driven portfolio of solutions for financial risk management and compliance, primarily serving financial institutions and SMEs. With a client base consisting primarily of banking institutions, Nef Solution already collaborates with modefinance, a TeamSystem Group company specialized in credit rating, financial analysis, and business intelligence, on joint development projects.
These transactions, following TeamSystem’s acquisition of Mikrogrup in July 2023, further strengthen the company’s international presence. Türkiye, with its dynamic business ecosystem and strategic geographic position as a bridge between Europe and Asia, is a key market for TeamSystem’s growth across the Mediterranean area. The country will serve as a strategic hub for the company’s ambition to become a European champion in digital transformation for businesses and professionals, creating an integrated ecosystem of digital solutions.
Federico Leproux, CEO of TeamSystem, stated, “These two acquisitions mark another step forward in our international growth strategy, further consolidating our presence in the Mediterranean area, where we have long identified Türkiye as a dynamic market with great development potential. Together with the synergies that can be created with other TeamSystem platforms – and with Group companies such as modefinance – these operations reinforce our vision of an integrated ecosystem supporting digital transformation and long-term value creation for businesses and professionals.”
Göktekin Dinçerler, Head of TeamSystem Türkiye, also expressed his pride in being part of this new growth phase for TeamSystem in the Turkish market. “Bizim Hesap is a solid and innovative player that allows us to expand our customer base and service offering for SMEs, while the investment in Nef Solution opens up new development opportunities in the fintech and compliance domains. These transactions demonstrate TeamSystem’s commitment to making Türkiye a strategic hub for the Mediterranean region.”
Founders of Bizim Hesap, Mehmet Çelik and Barış İnalpolat, commented, “Becoming part of an international group like TeamSystem represents an extraordinary opportunity for us. Joining TeamSystem allows us to look to the future with ambition, contributing even more to enhancing the role of SMEs as the driving force of the Turkish economy and to advancing the country’s digital development.”
Founder of Nef Solution, Derya Sarikayalar, added, “TeamSystem’s entry into our share capital marks an important milestone in Nef Solution’s growth journey. We are confident that working with an international group and companies such as modefinance will enable us to grow faster, innovate our products, and consolidate our position as a reference partner for banks and SMEs in the fields of risk management and compliance.”
TeamSystem was advised by PWC for Tax, Financial and Labour due diligence in the Bizim Hesap acquisition, and by EY for the Nef Solution investment. Esin Attorney Partnership acted as legal advisor to TeamSystem in both transactions. Bizim Hesap was advised by Baseak for legal matters and by Core Finance as a sell-side advisor.
TeamSystem, which operates in Italy and abroad, closed 2024 with revenues of EUR 1 billion, up 19% year on year, and a team of over 5,000 employees serving around 2.5 million customers using its proprietary cloud-based digital platforms. The company’s goal is to enhance the competitiveness of businesses and professionals through a comprehensive and integrated range of technology solutions, based on AI, SaaS, and cloud, that manage and evolve internal processes, foster collaboration across the business ecosystem, and drive growth and operational efficiency at every stage of the value chain.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.