The existing team including Operations Director, Helen Booker, are remaining in place.
The acquisition further strengthens Chess’s commitment to its partners, who will now have access to an “out of the box” managed billing platform and WLR3 centre of excellence renowned for outstanding service.
Chess Founder and CEO, David Pollock, commented: “I’ve always been an admirer of the TMS business. For a long time now, we’ve had an aspiration to acquire the company if the opportunity presented itself. Their experience and reputation will really enhance relationships with our partners.”
“We look forward to working with Helen, the TMS people & partners and very much welcome them to the Chess family.”
With over 100 acquisitions to its name, Chess continues to seek companies that will enhance its product portfolio and bring new people, skills and expertise to its growing team.
Commenting further on the acquisition, Suzanne Chappell, Chairman and Founder of TMS who is retiring and setting off on a new sailing adventure said: “The next stage of TMS’s journey is going to be exciting as part of team Chess.
“I know that our senior management and team members will thrive as part of Chess, with its greater scale in sales and support and award-winning workplace ethos. With our years of channel focus and expertise and 112 loyal partners, we bring real value to Chess’s partners.”
TM Solutions were advised on this transaction by Knight Corporate Finance.