Total Specific Solutions (TSS) has successfully completed the acquisition of Cyberjet, a French software provider specializing in Air Transport Information Systems. Following the completion of the transaction, Cyberjet will continue to operate autonomously as an independent business unit within Groupe TSS, marking the division's 21st specialized software company in the French-speaking region. This platform investment represents a significant strategic milestone for the acquirer, enabling its initial entry into the highly specialized aviation software vertical in France. The transaction aligns perfectly with the acquirer's established mandate of targeting mature, niche-dominant software providers with deep vertical knowledge and exceptional client retention profiles. By integrating this asset, TSS not only establishes a foundational foothold in the aeronautical industry but also unlocks potential synergies and best-practice sharing with B. Rekencentra, a Belgian aviation software entity previously acquired by the group in 2024. For the target, integrating a perpetual software consolidator provides a robust, institutional foundation to accelerate business growth, leverage extensive operational playbooks, and ensure long-term stability for its multi-generational client base, while preserving the legacy built by its founding team.

CYBERJET, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

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