Smart ID Dynamics, the independent leader in the Romanian industrial automation sector and backed by SARMIS Capital, has fully taken over Spectrum, a provider of integrated software solutions based in Brasov, Romania, a company with over 20 years of experience in offering software, hardware and post-implementation support services to its clients. The transaction closed in May 2022.
About Smart ID
Smart ID Dynamics specializes in providing highly customized end-to-end automation solutions for intensive business environments, primarily to customers in industries such as retail, logistics and manufacturing, with the purpose of optimising costs and increasing productivity. The company has a proven track record of delivering mission-critical, proprietary, tailored solutions across the value chain, from solution design & development to implementation and post-implementation maintenance & support. Despite a global challenging environment, the company managed over 20% growth in 2021.
The company was founded in 2010 by two technology passionate entrepreneurs, Daniel Boangiu and Romeo Iacob, who believed early in the future of automation and mobility technologies.
As an integrator of cutting-edge technologies, Smart ID Dynamics prides itself on a remarkable client base of around 3,000 businesses and over 250 implemented projects. All business solutions are tailored to the needs of clients operating primarily in retail, logistics, manufacturing, utilities, and healthcare. Smart ID has developed an impressive client base which includes blue-chip multinational companies (Carrefour, Selgros, REWE, Leroy Merlin, British American Tobacco, JTI, Philip Morris, TNT, DHL, KLG, XPO, IDL, Dacia), large local companies (eMAG, Sameday, Cargus, Macromex), and reputable small and medium businesses. The company proactively anticipates the needs of top businesses in terms of innovative technology and is knowledgeable about trends in intensive business environments.
About Spectrum
Spectrum was founded in 1999, in Brasov (Romania), by Mr. Emil Gall, and became one of the most reputable local providers of integrated and patented software solutions, with a wide presence across retail, manufacturing, meat processing, HoReCa, healthcare and recycling. Its well-known clients include Agra’s, Annabella, Auchan, Bebe Tei, Dacia Market, Diana COM, Humanitas, Moldovan Carmangerie, Prodlacta, Sergiana, Simigeria Petru, Transavia, Unicarm, among others. The company’s most sough-after product is Sceptrum, and Enterprise Resource Planning (ERP) system, which is patented and highly flexible, addressing critical corporate needs such as inventory management, accounting and third party management (clients, sales and support teams).
Who Were the Consultants
Smart ID Dynamics was assisted in the acquisition by bpv Grigorescu Ștefănică (legal), Dobrinescu Dobrev SCA (tax), Path-Finder Corporate Finance (general assistance) and TS Partners (financial), while Spectrum was supported in the sale process by LC Legal Proof – Alex Lefter (legal).
