Developer docs
API playgroundTry for free, no card

Search company profiles

TeamSystem

Full company profile

uuid00002xa

Namestring
TeamSystem
Legal namestring
TeamSystem S.p.A.
Websiteurl
teamsystem.com
Company typeenum
Private
Founded yearint
1986
Descriptiontext

TeamSystem S.p.A. is an Italian cloud SaaS and AI software provider, founded circa 1986 and headquartered in Pesaro, Italy, controlled by Hellman & Friedman. The company develops modular ERP and vertical-suite software serving Italian SMBs, professional services firms (accountants, labor consultants, lawyers), public administration, and specialized industries including manufacturing, fashion, wine, oil, construction, hospitality, condominiums, sport/wellness, retail, and non-profit associations. The platform architecture unifies a core horizontal ERP (TeamSystem Enterprise) with twelve-plus vertical suites, SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud, Easyfatt, CRM in Cloud), trust services (SPID, e-signature, certified email, digital archive), fintech/payments (TS Pay, Incassa Subito, Change Capital), and AI capabilities rolled out through 18 AI Editions covering accounting, HR, construction, legal, and hospitality workflows.

The business operates a hybrid go-to-market combining direct consultative sales, a network of 4,000 VAR and System Integrator partners, a self-serve TeamSystem Store for SMB products, and an OEM/integration layer with Microsoft Power Platform, Grafana Cloud, and Checkout.com. Revenue is generated primarily through custom-quoted SaaS subscriptions for enterprises and professional studios, tiered self-serve subscriptions for SMB products, transactional revenue from Open Banking payments and invoice factoring, plus hardware, professional services, and training revenue. International operations span France (ACD, Sellsy, ClicData), Spain (AIG Classic, Distrito K, Golden Soft, Clémentine, Quipu), Türkiye (Mikrogrup, DIA, Bizim Hesap, Nef Solution), and Israel (Morning), built primarily through acquisitions since 2021.

TeamSystem reports €1.15 billion in FY2025 revenue (+14% YoY), serves 3.1 million+ companies and professionals, processes €900 billion in annual transactional volume, employs 6,000 direct staff plus 4,000 partner collaborators, and retains 89% of clients per a Nielsen study. The company has raised €2.45 billion+ in senior secured notes (€700M in 2024 and €1.75B plus €350M PIK Toggle Notes in 2025) and plans a further €700M 6NC2 bond in June 2026 to fund continued European SME software consolidation.

Short descriptiontext

TeamSystem is an Italian cloud SaaS and AI software provider serving 3.1 million+ SMBs, professionals (accountants, lawyers, labor consultants), public administration, and verticals including manufacturing, construction, hospitality, and sport across Italy, France, Spain, Türkiye, and Israel.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersPesaro, Italy
HQ citystring
Pesaro
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Offices10 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
enterprise management software, vertical ERP solutions, cloud SaaS platforms, electronic invoicing software, professional practice management
Product category
Enterprise Resource Planning (ERP) and Vertical Business Management Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model7 records
1SaaS subscriptions (vertical & horizontal)
TypeSubscription Recurring
Description

Recurring cloud SaaS subscriptions across the entire TeamSystem product family (TeamSystem Enterprise, Studio, Construction, Horeca, Legal, PA, Sport, Fashion, Wine, etc.) and SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud). Pricing is custom-quoted based on seats, modules and cloud infrastructure.

teamsystem.com
2Financial services & payments (TS Pay, Incassa Subito, Change Capital)
TypeTransaction Fee
Description

Revenue from Open Banking payment services (TS Pay), invoice advance/credit factoring (Incassa Subito), and SME credit mediation (61% stake in Change Capital). Generates transaction- and intermediation-based revenue.

3Trust services (SPID, e-signature, certified email, digital archive)
TypeSubscription Recurring
Description

Revenue from TeamSystem Signature, SPID, PEC Manager, Onboarding, Archive and Contract Management — usually bundled with subscriptions but also sold as usage-based trust services.

teamsystem.com
4Hardware & POS/peripheral sales (TeamSystem Scontrini, Cassa in Cloud hardware)
TypeHardware Sales
Description

Sale of fiscal electronic receipt devices (NEXI integration), POS terminals and associated hardware — non-recurring hardware revenue line within the Horeca segment.

calcalistech.com
5Professional services, training & education (Euroconference, Competence center)
TypeProfessional Services
Description

Revenue from professional services, training programs (Euroconference), competence-center implementations, and BIM audit services.

fintechfutures.com
6Cross-sell / platform monetization of acquired assets (Mikrogrup, Sellsy, ClicData, ACD, etc.)
TypeSubscription Recurring
Description

Monetization of recently acquired SME platforms (e.g., Sellsy Lead-to-Cash cloud, ClicData BI, Mikrogrup/DIA/Bizim Hesap, ACD French accounting) layered into the TeamSystem ecosystem — typically subscription + transactional models.

universenewsnetwork.com
7Data/AI monetization layer
TypeSubscription Recurring
Description

AI Editions and use cases (89 international use cases) sold to existing client base, including premium AI features on top of core SaaS subscriptions (e.g., AI-assisted accounting in TeamSystem Studio AI).

prnewswire.com
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels7 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details3 tiers
1Custom quote-based subscription for enterprises and professional studios
ModelSubscriptionBilling cadenceAnnual
Notes

Price varies by cloud/on-prem infrastructure, number of workstations, pack/kit, activated modules, AI level, training & assistance, and client integrations. Personalized quotes only.

teamsystem.com
2AI-enabled subscription for Commercialisti and Consulenti del Lavoro
ModelHybridBilling cadenceAnnual
Notes

TeamSystem Studio AI includes AI/Agent features that automate accounting; cost depends on automation level and AI integration scope. Personalized quote.

teamsystem.com
3SMB / Partita IVA subscription products (Fatture in Cloud, Contabilità in Cloud, CRM in Cloud, Easyfatt)
ModelSubscriptionBilling cadenceMonthly
Notes

Self-serve tiered SaaS plans available via TeamSystem Store; tier differentiation typically per feature/module and number of users/documents.

teamsystem.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 56 records shown
1TeamSystem Enterprise
Description

Modular ERP software for medium and large enterprises (Administration, Finance, Budget, Warehouse, CRM).

teamsystem.com
+55 more records
Core offering1 text field

TeamSystem develops, distributes and supports modular cloud SaaS management software for Italian and European businesses, professionals (accountants, labor consultants, lawyers), public administration and a wide range of verticals including manufacturing, fashion, wine, oil, construction, hospitality, retail, sport and associations. The portfolio spans enterprise ERP (TeamSystem Enterprise), vertical micro-vertical suites, professional practice platforms (Studio AI, Studio Legal AI) and SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud, Easyfatt), all enhanced with native AI Editions and integrated with trust services, payments and fintech capabilities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 89% of clients would not switch to another software (Nielsen Brand Health Study, Dec 2023)
+7 more records
Product overview1 text field

TeamSystem is an Italian technology and AI company offering a unified platform-plus-modules architecture spanning core ERP (TeamSystem Enterprise, Manufacturing, Fashion, Wine, Oil, Agrifood, Waste, Retail, Construction), vertical solutions for hospitality (TeamSystem Hospitality, Cassa in Cloud, Scontrini), professional firms (Studio AI, ViaLibera, Digital Box for accountants; Studio Legal AI, Enterprise Legal AI, Netlex, Normo.ai for lawyers), HR (HR AI, Studio HR AI), finance (TS Pay, Incassa Subito, Change Capital), trust services (Cybersecurity, Signature, Archive, PEC Manager, Contract Management), public administration (PA EProcurement, PA Lavori Pubblici, Compliance PNRR, PA Legal, PA Servizi Fiscali) and SMBs (Contabilità in Cloud, Fatture in Cloud, Easyfatt, CRM in Cloud, Dipendenti in Cloud, Commerce). Acquired brands extend the footprint internationally: Sellsy, Arca24, ClicData, Morning, ACD, DIA Yazılım, Bizim Hesap, Golden Soft, AIG Classic, Distrito K, Logical Soft, DeliverArt, plus condominium suites Domustudio and Brainware. The platform is unified through shared AI capabilities (18 AI Editions spanning Studio AI, Studio Legal AI, TS Engineering AI, Normo.ai) and integration into Microsoft Power Platform and Grafana Cloud, with payments via Checkout.com and NEXI integration.

Product and service57 records
1TeamSystem Enterprise
CategoryCore ERP product
Description

Modular ERP software for medium and large enterprises covering administration, finance, budget and management control, warehouse, sales, logistics and CRM. AI-enhanced vertical platform aimed at Italian and European mid-market and enterprise customers.

2TeamSystem Enterprise Power I
CategoryCore ERP product (variant)
Description

ERP solution for enterprises on the Power-I platform, targeted at commerce, services and mid-market businesses.

3TeamSystem Manufacturing
CategoryVertical ERP — manufacturing
Description

Manufacturing ERP providing real-time analysis of production data and reduction of inefficiencies, aligned with Industry 4.0 and Transizione 5.0 frameworks.

4TeamSystem Fashion
CategoryVertical ERP — fashion
Description

Management software for the fashion industry covering creation, production, sales, omnichannel logistics, and warehouse optimization.

5TeamSystem Italfabrics
CategoryVertical ERP — textiles
Description

Complete management software for textile-sector companies.

6TeamSystem Wine
CategoryVertical ERP — wine/viticulture
Description

Management software for wineries and wine cooperatives that optimizes order management, product traceability, warehouse operations, and shipping documentation across multiple sales channels.

7TeamSystem Oil
CategoryVertical ERP — olive oil/frantoi
Description

Management software for frantoi (olive mills) and oleifici.

8TeamSystem Agrifood
CategoryVertical ERP — agrifood
Description

Software for the agri-food supply chain.

9TeamSystem Waste 360
CategoryVertical ERP — waste management
Description

360° software for waste management.

10TeamSystem Retail
CategoryVertical ERP — retail
Description

Integrated ERP solution for stores, retailers, franchise chains and cash & carry operations enabling full management of store activities.

11TS Construction Project Management
CategoryVertical ERP — construction (PM)
Description

Cloud-based construction project management solution for construction companies, MEP firms, service providers, and technical studios covering design, works direction and site management.

12TS Construction Gestione Imprese
CategoryVertical ERP — construction (enterprise)
Description

ERP for the building and MEP market covering contracts, accounting for construction works, and tax compliance.

13TS Engineering AI
CategoryVertical ERP — engineering / AI
Description

BIM 5D, works direction, AI and collaboration in a single ecosystem for engineering firms and architecture studios, with native AI collaboration document management.

14TS Asset Management
CategoryVertical solution — asset/facility management
Description

Integrated management of property portfolio, building records and maintenance; used for facility management.

15TS Cantieri
CategoryVertical solution — construction sites (SME)
Description

Ecosystem for managing construction SMEs, their sites and employees. Rebrand of Computi in Cloud.

16BPM Service
CategoryVertical solution — MEP service management
Description

Management software for service management and technical assistance in MEP (impiantistiche) firms: tickets, interventions, reporting.

17TeamSystem Hospitality
CategoryVertical solution — hospitality/hotel
Description

Hotel and hospitality management software including PMS, Channel Manager, Booking Engine, AI Revenue Management, CRM, and digital payments.

18Cassa in Cloud
CategoryPOS / cash register solution (Horeca & Retail)
Description

Cloud POS and management software for restaurants, bars and stores covering front-of-house, kitchen, orders, warehouse, electronic receipts and electronic invoicing.

19TeamSystem Scontrini
CategoryElectronic receipt solution
Description

Smartphone-based electronic receipts compliant with Italian law, without a traditional cash register. Integrates with NEXI for payments.

20TeamSystem Studio AI
CategoryProfessional suite — accountants/labor consultants (AI)
Description

AI-powered integrated platform for accountants (commercialisti) and labor consultants (consulenti del lavoro) that manages all studio operations, automates accounting/tax workflows, and provides AI assistants for KPI/index queries.

21TeamSystem ViaLibera
CategoryProfessional suite — accountants (compliance)
Description

Modular software for compliant management of tax and accounting obligations for professional firms and businesses.

22TeamSystem Studio Legal AI
CategoryProfessional suite — legal (AI)
Description

Cloud-based management software for law firms and lawyers, AI-powered for practice management, electronic filing, accounting and document drafting. Validated AGID and ISO 27001.

23TeamSystem Enterprise Legal AI
CategoryProfessional suite — corporate legal (AI)
Description

Platform of legal services for legal departments of companies, banks and insurance companies with integrated AI for contracts, litigation and compliance.

24Netlex in Cloud
CategoryLegal software — agenda/deposits/invoicing
Description

Cloud software for lawyers to manage agendas, telematic deposits (PCT) and invoicing.

25Normo.ai
CategoryAI legal research tool
Description

AI for legal research and drafting of legal documents, providing semantic search and content generation.

26TeamSystem HR AI
CategoryHR management solution (AI)
Description

AI-enhanced HR management and people-valorization solution for companies.

27TeamSystem Studio HR AI
CategoryHR solution — professional firms (AI)
Description

Digital ecosystem for HR management between professional firms, client companies and their employees.

28Contabilità in Cloud
CategoryCloud accounting — sole proprietorships/SMBs
Description

Cloud accounting software for VAT-registered freelancers and small businesses for managing quotes, orders, registers, invoices and bank reconciliation.

29Fatture in Cloud
CategoryE-invoicing — SMBs/professionals
Description

Intuitive online invoicing software for electronic invoicing, quotes and cost/revenue monitoring for professionals and small businesses.

30Easyfatt
CategorySMB software — warehouse & invoicing
Description

Management software for warehouse, electronic invoicing, sales, purchases and payments for micro-businesses (by Danea).

31CRM in Cloud
CategoryCRM — SMBs
Description

CRM platform for lead generation, sales processes, marketing campaigns and real-time data analysis for small businesses and freelancers.

32TeamSystem Commerce
CategoryE-commerce platform
Description

Complete e-commerce solution for managing orders, shipments, tracking, returns and integrating leading payment methods.

33Domustudio
CategoryCondominium administration software (acquired)
Description

Condominium administration management software used by over 10,000 professionals in Italy; manages balances, accounting, suppliers, assemblies and communications (by Danea, part of TeamSystem group).

34Brainware
CategoryCondominium administration software (acquired)
Description

Condominium management software for over 30 years, now part of TeamSystem group, with suite for accounting, tax compliance, payments and communications.

35Terzo Settore in Cloud
CategoryNon-profit association management
Description

Comprehensive accounting and management software for third-sector associations, non-profits and ETS (Ente del Terzo Settore) entities, used by 3,000+ organizations.

36Wellness in Cloud
CategorySports/wellness software — gyms
Description

Cloud software for gyms, fitness centers and sports facilities covering membership management, payments and online bookings; serves 35 million users across 7,500 facilities.

37Sportivi in Cloud
CategorySports management — amateur associations
Description

Software for amateur sports associations (ASD) for membership management, facility bookings, event organization and communication with members.

38TeamSystem PA EProcurement (Albo e Gare)
CategoryPublic Administration — e-procurement
Description

AgID-certified platform for managing public tenders, supplier registries and e-procurement.

39TeamSystem PA Lavori Pubblici
CategoryPublic Administration — public works
Description

Management solutions for the administrative process of public works contracts (services, supplies and professional assignments).

40TeamSystem Compliance PNRR
CategoryPublic Administration — PNRR compliance
Description

Cloud platform designed for public entities managing PNRR-funded major works; supports compliance with national recovery plan requirements.

41TeamSystem PA Legal
CategoryPublic Administration — legal
Description

Solutions for contract management and litigation management in public administration, with AI optimization for processes and error reduction.

42TS Pay
CategoryFintech — payment/banking (PSD2)
Description

Collection, Open Banking, payment and account-access services integrated into TeamSystem's management software, leveraging PSD2 open banking regulation.

43Incassa Subito (Cessione Fatture)
CategoryFintech — invoice factoring
Description

Commercial credit assignment solution enabling advance collection of up to 90% of invoices.

44TeamSystem Cybersecurity
CategoryTrust Services — cybersecurity
Description

Complete digital protection for email, websites and business data of SMEs; provides monitoring, compliance tools and managed protection services.

45TeamSystem Signature
CategoryTrust Services — e-signature
Description

Electronic signature solutions for companies and professional firms.

46TeamSystem Archive
CategoryTrust Services — digital preservation
Description

Legally compliant digital preservation of documents.

47TeamSystem Contract Management
CategoryTrust Services — contract management
Description

Solution for managing contracts across the organization.

48MailUp
CategoryEmail marketing solution
Description

Email marketing and newsletter/campaign delivery platform.

49Sellsy (incl. Quipu)
CategoryCRM / Lead-to-Cash SaaS (acquired, France/Spain)
Description

French AI-enabled Lead-to-Cash SaaS provider (CRM, e-invoicing, pre-accounting, cash flow, AI); serves 23,000+ clients; operates in Spain via Quipu.

50Arca24
CategoryHR-tech / talent acquisition (acquired)
Description

AI-powered HR-tech talent acquisition software; manages 10M+ candidates since 2013.

51ClicData
CategorySaaS data management / BI (acquired, France)
Description

French SaaS data management and business intelligence platform.

52Morning
CategoryFintech SaaS (acquired, Israel)
Description

Israeli fintech SaaS for invoicing and business management (~150,000 Israeli customers, ~100 employees).

53ACD
CategoryAccounting software (acquired, France)
Description

French accounting software provider (~3,200 firms, 1.3 million businesses, €35M 2024 revenue).

54AIG Classic (ClassicGes, ClassicConta)
CategoryAccounting & management software (acquired, Spain)
Description

Spanish management and accounting software for SMEs and professionals (€5.5M+ revenue, 34,000+ customers).

55Change Capital
CategoryFintech — SME lending (acquired)
Description

Medium- and long-term financing for businesses; TeamSystem holds 61% majority stake (acquired April 2025).

56TeamSystem Association
CategoryTrade association management
Description

Management software for trade associations with financial management, project management, integrated communications and fundraising.

57TeamSystem Digital Box
CategoryProfessional suite — collaboration
Description

Digital collaboration service between professional firms and clients to securely share documents, information, KPIs and deadlines.

Scale indicator23 records

Each record includes

Type, Value, Description, Source

Partnership29 partners
Strategic tierFlagshipTypeTechnology or Integration
Description

TeamSystem drives business transformation with Microsoft Power Platform, leveraging low-code capabilities to extend its ERP and vertical suites. Joint Microsoft-published case study.

Strategic tierCoreTypeTechnology or Integration
Description

TeamSystem standardized on Grafana Cloud for managed observability as it scales AI-era infrastructure (June 2026). Migrated from self-hosted open-source stacks to SaaS observability, joining customers like Anthropic and Harrison.ai.

Strategic tierCoreTypeTechnology or Integration
Description

TeamSystem partnered with Checkout.com to power next-gen payments within its platforms (announced July/August 2025).

Strategic tierCoreTypeOthers
Description

Signed memorandum of understanding (March 2025) between Italian State Police and TeamSystem Payments for the protection of critical infrastructure.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Long-running collaboration: co-launches research surveys with UNGDCEC on AI use and impact in Italian professional practices; provides continuous training content and events for accountants and lawyers who use TeamSystem Studio AI / Studio Legal AI.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Joint research survey with TeamSystem and Euroconference on the use and impact of AI in professional practices — 2025 edition involved over 1,200 professionals.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership announced Oct 2024 — TeamSystem and Swot Legal collaborate on software and AI solutions for Italian law firms.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Co-branded TeamSystem Brand Health Study (Dec 2023) — source of the 89% client-retention statistic that anchors TeamSystem's value proposition marketing.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Joint production of the November 2025 economic indicator report for Italy, based on data from over 200,000 Italian companies across multiple sectors.

Strategic tierFlagshipTypeOthers
Description

Advised TeamSystem (H&F) on €1.75B senior secured notes issuance (2025) and on €700M senior secured notes (2024) plus €350M Pay-If-You-Want PIK Toggle Notes and RCF upsize.

Strategic tierMinorTypeOthers
Description

Legal advisor to TeamSystem on the AIG Classic acquisition in Spain (Jan 2026).

Strategic tierMinorTypeOthers
Description

Financial advisor to TeamSystem on the AIG Classic acquisition (Jan 2026).

Strategic tierCoreTypeTechnology or Integration
Description

Provides official certified Credit Ratings integrated within TeamSystem Fintech Credit Rating / Rating Platform (Tigran) offering; also powers ESG Services and Credit Scoring in the TeamSystem portfolio.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

French accounting software provider acquired by TeamSystem in April 2026 (alongside DIA Yazılım in Türkiye); ACD serves ~3,200 firms and 1.3M businesses, €35M 2024 revenue. France described as central to TeamSystem's European growth plans.

15DIA Yazılım (Türkiye)
Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Turkish cloud ERP software company for SMEs (tens of thousands of users, >100 employees) acquired by TeamSystem in April 2026 alongside ACD.

channellife.co.uk
Strategic tierFlagshipTypeTechnology or Integration
Description

Israeli fintech acquired for ~$150M (Dec 2024) — invoicing and business management SaaS platform serving ~150,000 Israeli customers with ~100 employees.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Turkish TeamSystem subsidiary (acquired 2023) through which Bizim Hesap (100% acquired) and Nef Solution (minority stake) were added in Nov 2025; Türkiye positioned as a strategic hub linking Europe and Asia.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Cloud-based accounting platform founded in Istanbul in 2013, serving 40,000+ SMEs with e-invoicing, warehouse management and virtual POS. Fully acquired through Mikrogrup in Nov 2025.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

AI-driven Turkish fintech in which TeamSystem (via Mikrogrup) took a minority stake in Nov 2025 to deepen fintech capabilities.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Spanish management & accounting software for SMEs/professionals, founded 1994 in Vigo, ~55 employees, 34,000+ clients, €5.5M+ revenue in 2025; joined TeamSystem in Jan 2026 to support e-invoicing expansion.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

ERP solutions provider for SMEs based in La Coruña, Spain. Fully acquired in Sept 2024 to expand TeamSystem into Spanish mid-market.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Spanish ERP/software company backed by Hellman & Friedman (alongside TeamSystem). Acquired by TeamSystem in Feb 2025 to strengthen Spanish footprint.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

Spanish software company acquired alongside Golden Soft by TeamSystem in Feb 2025.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

French AI-enabled Lead-to-Cash software provider (La Rochelle HQ) acquired by TeamSystem in Sept 2025; serves 23,000+ clients and operates in Spain via Quipu. Strengthens TeamSystem's European SME digital transformation offering.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ Distributor
Description

French SaaS data management platform acquired by TeamSystem in July 2025 to boost AI-driven data tools for SMEs across Europe and North America (2.5M-customer reach).

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

AI-powered talent acquisition software provider with 10M+ candidates managed since 2013; acquired by TeamSystem in Nov 2025 to integrate HR capabilities across the suite.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Italian SME credit mediator — TeamSystem acquired 61% majority stake in April 2025 to integrate credit-mediation capabilities into its fintech offering (TeamSystem Finanza Agevolata).

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Italian software company specializing in digital solutions for construction and engineering; TeamSystem acquired 60% in November 2021 to strengthen its Construction suite (BIM and public-administration modernization).

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Food-delivery and restaurant-digitization platform; TeamSystem acquired a 40% stake in October 2024 from co-founders Eleonora Bove, Bryan Natavio and Damiano Ciarla to strengthen position in food-delivery/restaurant digitization.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

French cloud software vendor serving SMBs, accountants and retailers with HR, accounting, ERP and retail point-of-sale solutions—directly comparable to TeamSystem's Cassa in Cloud, TeamSystem Hospitality and Studio AI portfolios and competing in the same French SMB market TeamSystem has entered via ACD and Sellsy.

TypeDirect peer
Description

Open-source ERP suite with strong SMB and mid-market adoption across Europe, including accounting, manufacturing, construction and POS modules. A direct competitor in the European SMB ERP market and a relevant comparable for TeamSystem Enterprise and vertical suites.

TypeDirect peer
Description

Global cloud accounting platform for SMBs and their advisors, comparable to TeamSystem's Fatture in Cloud and Contabilità in Cloud SMB accounting suite, although primarily English-language and operating outside TeamSystem's core Mediterranean geographies.

TypeBroad incumbent
Description

Dutch-listed professional information and software group with strong tax, legal, accounting and compliance software franchises across Europe. Comparable to TeamSystem's Studio AI, Studio Legal AI, Normo.ai and ViaLibera professional practice suite.

TypeBroad incumbent
Description

SAP's SMB-focused ERP offering, competing with TeamSystem Enterprise and Power-I for mid-market manufacturers, fashion and wholesale distributors across Europe and Mediterranean markets.

TypeDirect peer
Description

UK-listed provider of accounting, payroll and ERP software primarily targeting SMBs and accountants across Europe, with comparable subscription revenue model and similar accountant/vertical ecosystem. Sage is the closest publicly listed comparable to TeamSystem's Studio AI and SMB cloud businesses.

TypeBroad incumbent
Description

Microsoft's cloud ERP for SMBs, deeply integrated with Microsoft 365 and Power Platform—the same stack TeamSystem extends. Business Central is a strategic competitor for TeamSystem Enterprise and a key adjacent platform shaping TeamSystem's go-to-market via the Microsoft Power Platform partnership.

TypeDirect peer
Description

Nordic-headquartered provider of accounting, payroll, ERP and SaaS for SMBs and the public sector, owned by Hg Capital and other PE sponsors. Visma's buy-and-build playbook across Europe closely mirrors TeamSystem's acquisition strategy and vertical suite approach.

TypeDirect peer
Description

German cooperative software provider serving tax advisors, auditors and SMBs with accounting, payroll and ERP solutions. Closely comparable to TeamSystem's commercialisti-focused Studio AI offering, but operating in the German rather than Italian market.

TypeDirect peer
Description

Dutch cloud business software for SMBs covering accounting, ERP, HR and CRM, comparable to TeamSystem's Contabilità in Cloud, CRM in Cloud and Enterprise ERP offerings for the small and mid-market segment in Northern Europe.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers48 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment12 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile8 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration6 records

Each record includes

Title, Type, Description, Source

AI capability14 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature10 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries23 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A34 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TeamSystem

Enterprise Resource Planning (ERP) and Vertical Business Management Softwareteamsystem.com

TeamSystem is an Italian cloud SaaS and AI software provider serving 3.1 million+ SMBs, professionals (accountants, lawyers, labor consultants), public administration, and verticals including manufacturing, construction, hospitality, and sport across Italy, France, Spain, Türkiye, and Israel.

What TeamSystem does

TeamSystem S.p.A. is an Italian cloud SaaS and AI software provider, founded circa 1986 and headquartered in Pesaro, Italy, controlled by Hellman & Friedman. The company develops modular ERP and vertical-suite software serving Italian SMBs, professional services firms (accountants, labor consultants, lawyers), public administration, and specialized industries including manufacturing, fashion, wine, oil, construction, hospitality, condominiums, sport/wellness, retail, and non-profit associations. The platform architecture unifies a core horizontal ERP (TeamSystem Enterprise) with twelve-plus vertical suites, SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud, Easyfatt, CRM in Cloud), trust services (SPID, e-signature, certified email, digital archive), fintech/payments (TS Pay, Incassa Subito, Change Capital), and AI capabilities rolled out through 18 AI Editions covering accounting, HR, construction, legal, and hospitality workflows.

The business operates a hybrid go-to-market combining direct consultative sales, a network of 4,000 VAR and System Integrator partners, a self-serve TeamSystem Store for SMB products, and an OEM/integration layer with Microsoft Power Platform, Grafana Cloud, and Checkout.com. Revenue is generated primarily through custom-quoted SaaS subscriptions for enterprises and professional studios, tiered self-serve subscriptions for SMB products, transactional revenue from Open Banking payments and invoice factoring, plus hardware, professional services, and training revenue. International operations span France (ACD, Sellsy, ClicData), Spain (AIG Classic, Distrito K, Golden Soft, Clémentine, Quipu), Türkiye (Mikrogrup, DIA, Bizim Hesap, Nef Solution), and Israel (Morning), built primarily through acquisitions since 2021.

TeamSystem reports €1.15 billion in FY2025 revenue (+14% YoY), serves 3.1 million+ companies and professionals, processes €900 billion in annual transactional volume, employs 6,000 direct staff plus 4,000 partner collaborators, and retains 89% of clients per a Nielsen study. The company has raised €2.45 billion+ in senior secured notes (€700M in 2024 and €1.75B plus €350M PIK Toggle Notes in 2025) and plans a further €700M 6NC2 bond in June 2026 to fund continued European SME software consolidation.

TeamSystem firmographics

Firmographics
Name
TeamSystem
Legal name
TeamSystem S.p.A.
Website
https://teamsystem.com
Company type
Private
Founded year
1986
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
TeamSystem is an Italian cloud SaaS and AI software provider serving 3.1 million+ SMBs, professionals (accountants, lawyers, labor consultants), public administration, and verticals including manufacturing, construction, hospitality, and sport across Italy, France, Spain, Türkiye, and Israel.
Ownership category
akta.pro rank

Where TeamSystem is headquartered

Location

Headquarters

HQ city
Pesaro
HQ country
Italy
HQ region
Europe

Offices10 records

Markets served

TeamSystem business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. SaaS subscriptions (vertical & horizontal): Recurring cloud SaaS subscriptions across the entire TeamSystem product family (TeamSystem Enterprise, Studio, Construction, Horeca, Legal, PA, Sport, Fashion, Wine, etc.) and SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud). Pricing is custom-quoted based on seats, modules and cloud infrastructure.
  2. Financial services & payments (TS Pay, Incassa Subito, Change Capital): Revenue from Open Banking payment services (TS Pay), invoice advance/credit factoring (Incassa Subito), and SME credit mediation (61% stake in Change Capital). Generates transaction- and intermediation-based revenue.
  3. Trust services (SPID, e-signature, certified email, digital archive): Revenue from TeamSystem Signature, SPID, PEC Manager, Onboarding, Archive and Contract Management — usually bundled with subscriptions but also sold as usage-based trust services.
  4. Hardware & POS/peripheral sales (TeamSystem Scontrini, Cassa in Cloud hardware): Sale of fiscal electronic receipt devices (NEXI integration), POS terminals and associated hardware — non-recurring hardware revenue line within the Horeca segment.
  5. Professional services, training & education (Euroconference, Competence center): Revenue from professional services, training programs (Euroconference), competence-center implementations, and BIM audit services.
  6. Cross-sell / platform monetization of acquired assets (Mikrogrup, Sellsy, ClicData, ACD, etc.): Monetization of recently acquired SME platforms (e.g., Sellsy Lead-to-Cash cloud, ClicData BI, Mikrogrup/DIA/Bizim Hesap, ACD French accounting) layered into the TeamSystem ecosystem — typically subscription + transactional models.
  7. Data/AI monetization layer: AI Editions and use cases (89 international use cases) sold to existing client base, including premium AI features on top of core SaaS subscriptions (e.g., AI-assisted accounting in TeamSystem Studio AI).

Pricing tiers

ModelBillingPrice
SubscriptionAnnualCustom quote-based subscription for enterprises and professional studios
HybridAnnualAI-enabled subscription for Commercialisti and Consulenti del Lavoro
SubscriptionMonthlySMB / Partita IVA subscription products (Fatture in Cloud, Contabilità in Cloud, CRM in Cloud, Easyfatt)

Go-to-market motion1 record

Distribution channels7 records

Marketing channels10 records

TeamSystem product offering

Product offering

Core offering

TeamSystem develops, distributes and supports modular cloud SaaS management software for Italian and European businesses, professionals (accountants, labor consultants, lawyers), public administration and a wide range of verticals including manufacturing, fashion, wine, oil, construction, hospitality, retail, sport and associations. The portfolio spans enterprise ERP (TeamSystem Enterprise), vertical micro-vertical suites, professional practice platforms (Studio AI, Studio Legal AI) and SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud, Easyfatt), all enhanced with native AI Editions and integrated with trust services, payments and fintech capabilities.

Product overview

TeamSystem is an Italian technology and AI company offering a unified platform-plus-modules architecture spanning core ERP (TeamSystem Enterprise, Manufacturing, Fashion, Wine, Oil, Agrifood, Waste, Retail, Construction), vertical solutions for hospitality (TeamSystem Hospitality, Cassa in Cloud, Scontrini), professional firms (Studio AI, ViaLibera, Digital Box for accountants; Studio Legal AI, Enterprise Legal AI, Netlex, Normo.ai for lawyers), HR (HR AI, Studio HR AI), finance (TS Pay, Incassa Subito, Change Capital), trust services (Cybersecurity, Signature, Archive, PEC Manager, Contract Management), public administration (PA EProcurement, PA Lavori Pubblici, Compliance PNRR, PA Legal, PA Servizi Fiscali) and SMBs (Contabilità in Cloud, Fatture in Cloud, Easyfatt, CRM in Cloud, Dipendenti in Cloud, Commerce). Acquired brands extend the footprint internationally: Sellsy, Arca24, ClicData, Morning, ACD, DIA Yazılım, Bizim Hesap, Golden Soft, AIG Classic, Distrito K, Logical Soft, DeliverArt, plus condominium suites Domustudio and Brainware. The platform is unified through shared AI capabilities (18 AI Editions spanning Studio AI, Studio Legal AI, TS Engineering AI, Normo.ai) and integration into Microsoft Power Platform and Grafana Cloud, with payments via Checkout.com and NEXI integration.

Differentiator

Problem solved

Functional benefit

Brands

  • TeamSystem Enterprise: Modular ERP software for medium and large enterprises (Administration, Finance, Budget, Warehouse, CRM).
  • TeamSystem Studio AI
  • TeamSystem Studio Legal AI
  • TeamSystem Construction
  • TeamSystem Manufacturing
  • TeamSystem Fashion
  • TeamSystem Italfabrics
  • TeamSystem Wine
  • TeamSystem Oil
  • TeamSystem Agrifood
  • TeamSystem Waste 360
  • TeamSystem Retail
  • TeamSystem Hospitality
  • Cassa in Cloud
  • TeamSystem Scontrini
  • Terzo Settore in Cloud
  • Sportivi in Cloud
  • TeamSystem Association
  • Wellness in Cloud
  • TeamSystem Wellness
  • Fatture in Cloud
  • Contabilità in Cloud
  • CRM in Cloud
  • Easyfatt
  • TeamSystem Commerce
  • Domustudio
  • Normo.ai
  • Netlex in Cloud
  • MailUp
  • TS Pay
  • TS Condomini Fatture
  • TS Condomini CAF
  • TS Engineering AI
  • TS Cantieri
  • TS Asset Management
  • TS Safety&Compliance
  • TS CDE
  • BPM Service
  • TS Cybersecurity
  • TeamSystem HR AI
  • TeamSystem CAF
  • TeamSystem Centro Servizi
  • TeamSystem PA eProcurement
  • TeamSystem PA Lavori Pubblici
  • TeamSystem Compliance PNRR
  • TeamSystem PA Legal
  • TeamSystem PA Servizi Fiscali
  • Volontarx
  • TeamSystem ViaLibera
  • TeamSystem Digital Box
  • TeamSystem Digital Invoice
  • TeamSystem Signature
  • TeamSystem Archive
  • TeamSystem Onboarding
  • TeamSystem ID Spid
  • TeamSystem Contract Management

Products and services

  • TeamSystem Enterprise Modular ERP software for medium and large enterprises covering administration, finance, budget and management control, warehouse, sales, logistics and CRM. AI-enhanced vertical platform aimed at Italian and European mid-market and enterprise customers.
  • TeamSystem Enterprise Power I ERP solution for enterprises on the Power-I platform, targeted at commerce, services and mid-market businesses.
  • TeamSystem Manufacturing Manufacturing ERP providing real-time analysis of production data and reduction of inefficiencies, aligned with Industry 4.0 and Transizione 5.0 frameworks.
  • TeamSystem Fashion Management software for the fashion industry covering creation, production, sales, omnichannel logistics, and warehouse optimization.
  • TeamSystem Italfabrics Complete management software for textile-sector companies.
  • TeamSystem Wine Management software for wineries and wine cooperatives that optimizes order management, product traceability, warehouse operations, and shipping documentation across multiple sales channels.
  • TeamSystem Oil Management software for frantoi (olive mills) and oleifici.
  • TeamSystem Agrifood Software for the agri-food supply chain.
  • TeamSystem Waste 360 360° software for waste management.
  • TeamSystem Retail Integrated ERP solution for stores, retailers, franchise chains and cash & carry operations enabling full management of store activities.
  • TS Construction Project Management Cloud-based construction project management solution for construction companies, MEP firms, service providers, and technical studios covering design, works direction and site management.
  • TS Construction Gestione Imprese ERP for the building and MEP market covering contracts, accounting for construction works, and tax compliance.
  • TS Engineering AI BIM 5D, works direction, AI and collaboration in a single ecosystem for engineering firms and architecture studios, with native AI collaboration document management.
  • TS Asset Management Integrated management of property portfolio, building records and maintenance; used for facility management.
  • TS Cantieri Ecosystem for managing construction SMEs, their sites and employees. Rebrand of Computi in Cloud.
  • BPM Service Management software for service management and technical assistance in MEP (impiantistiche) firms: tickets, interventions, reporting.
  • TeamSystem Hospitality Hotel and hospitality management software including PMS, Channel Manager, Booking Engine, AI Revenue Management, CRM, and digital payments.
  • Cassa in Cloud Cloud POS and management software for restaurants, bars and stores covering front-of-house, kitchen, orders, warehouse, electronic receipts and electronic invoicing.
  • TeamSystem Scontrini Smartphone-based electronic receipts compliant with Italian law, without a traditional cash register. Integrates with NEXI for payments.
  • TeamSystem Studio AI AI-powered integrated platform for accountants (commercialisti) and labor consultants (consulenti del lavoro) that manages all studio operations, automates accounting/tax workflows, and provides AI assistants for KPI/index queries.
  • TeamSystem ViaLibera Modular software for compliant management of tax and accounting obligations for professional firms and businesses.
  • TeamSystem Studio Legal AI Cloud-based management software for law firms and lawyers, AI-powered for practice management, electronic filing, accounting and document drafting. Validated AGID and ISO 27001.
  • TeamSystem Enterprise Legal AI Platform of legal services for legal departments of companies, banks and insurance companies with integrated AI for contracts, litigation and compliance.
  • Netlex in Cloud Cloud software for lawyers to manage agendas, telematic deposits (PCT) and invoicing.
  • Normo.ai AI for legal research and drafting of legal documents, providing semantic search and content generation.
  • TeamSystem HR AI AI-enhanced HR management and people-valorization solution for companies.
  • TeamSystem Studio HR AI Digital ecosystem for HR management between professional firms, client companies and their employees.
  • Contabilità in Cloud Cloud accounting software for VAT-registered freelancers and small businesses for managing quotes, orders, registers, invoices and bank reconciliation.
  • Fatture in Cloud Intuitive online invoicing software for electronic invoicing, quotes and cost/revenue monitoring for professionals and small businesses.
  • Easyfatt Management software for warehouse, electronic invoicing, sales, purchases and payments for micro-businesses (by Danea).
  • CRM in Cloud CRM platform for lead generation, sales processes, marketing campaigns and real-time data analysis for small businesses and freelancers.
  • TeamSystem Commerce Complete e-commerce solution for managing orders, shipments, tracking, returns and integrating leading payment methods.
  • Domustudio Condominium administration management software used by over 10,000 professionals in Italy; manages balances, accounting, suppliers, assemblies and communications (by Danea, part of TeamSystem group).
  • Brainware Condominium management software for over 30 years, now part of TeamSystem group, with suite for accounting, tax compliance, payments and communications.
  • Terzo Settore in Cloud Comprehensive accounting and management software for third-sector associations, non-profits and ETS (Ente del Terzo Settore) entities, used by 3,000+ organizations.
  • Wellness in Cloud Cloud software for gyms, fitness centers and sports facilities covering membership management, payments and online bookings; serves 35 million users across 7,500 facilities.
  • Sportivi in Cloud Software for amateur sports associations (ASD) for membership management, facility bookings, event organization and communication with members.
  • TeamSystem PA EProcurement (Albo e Gare) AgID-certified platform for managing public tenders, supplier registries and e-procurement.
  • TeamSystem PA Lavori Pubblici Management solutions for the administrative process of public works contracts (services, supplies and professional assignments).
  • TeamSystem Compliance PNRR Cloud platform designed for public entities managing PNRR-funded major works; supports compliance with national recovery plan requirements.
  • TeamSystem PA Legal Solutions for contract management and litigation management in public administration, with AI optimization for processes and error reduction.
  • TS Pay Collection, Open Banking, payment and account-access services integrated into TeamSystem's management software, leveraging PSD2 open banking regulation.
  • Incassa Subito (Cessione Fatture) Commercial credit assignment solution enabling advance collection of up to 90% of invoices.
  • TeamSystem Cybersecurity Complete digital protection for email, websites and business data of SMEs; provides monitoring, compliance tools and managed protection services.
  • TeamSystem Signature Electronic signature solutions for companies and professional firms.
  • TeamSystem Archive Legally compliant digital preservation of documents.
  • TeamSystem Contract Management Solution for managing contracts across the organization.
  • MailUp Email marketing and newsletter/campaign delivery platform.
  • Sellsy (incl. Quipu) French AI-enabled Lead-to-Cash SaaS provider (CRM, e-invoicing, pre-accounting, cash flow, AI); serves 23,000+ clients; operates in Spain via Quipu.
  • Arca24 AI-powered HR-tech talent acquisition software; manages 10M+ candidates since 2013.
  • ClicData French SaaS data management and business intelligence platform.
  • Morning Israeli fintech SaaS for invoicing and business management (~150,000 Israeli customers, ~100 employees).
  • ACD French accounting software provider (~3,200 firms, 1.3 million businesses, €35M 2024 revenue).
  • AIG Classic (ClassicGes, ClassicConta) Spanish management and accounting software for SMEs and professionals (€5.5M+ revenue, 34,000+ customers).
  • Change Capital Medium- and long-term financing for businesses; TeamSystem holds 61% majority stake (acquired April 2025).
  • TeamSystem Association Management software for trade associations with financial management, project management, integrated communications and fundraising.
  • TeamSystem Digital Box Digital collaboration service between professional firms and clients to securely share documents, information, KPIs and deadlines.

Quantifiable outcome

  • 89% of clients would not switch to another software (Nielsen Brand Health Study, Dec 2023)
  • +7 more outcomes

Companies that use TeamSystem

Customer profile

Named customers48 records

Segments12 records

Ideal customer profiles8 records

TeamSystem technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability14 records

Feature10 records

TeamSystem partnerships and signals

Strategic signal

Partnerships

29 partnerships are on record, tiered flagship, core and minor.

  • Microsoft (Power Platform)flagshipTechnology or IntegrationTeamSystem drives business transformation with Microsoft Power Platform, leveraging low-code capabilities to extend its ERP and vertical suites. Joint Microsoft-published case study.
  • Grafana LabscoreTechnology or IntegrationTeamSystem standardized on Grafana Cloud for managed observability as it scales AI-era infrastructure (June 2026). Migrated from self-hosted open-source stacks to SaaS observability, joining customers like Anthropic and Harrison.ai.
  • Checkout.comcoreTechnology or IntegrationTeamSystem partnered with Checkout.com to power next-gen payments within its platforms (announced July/August 2025).
  • Polizia di Stato (Italian State Police)coreOthersSigned memorandum of understanding (March 2025) between Italian State Police and TeamSystem Payments for the protection of critical infrastructure.
  • EuroconferencecoreGTM or Marketing PartnerLong-running collaboration: co-launches research surveys with UNGDCEC on AI use and impact in Italian professional practices; provides continuous training content and events for accountants and lawyers who use TeamSystem Studio AI / Studio Legal AI.
  • UNGDCEC (National Union of Young Chartered Accountants)coreGTM or Marketing PartnerJoint research survey with TeamSystem and Euroconference on the use and impact of AI in professional practices — 2025 edition involved over 1,200 professionals.
  • Swot LegalcoreStrategic or Co-development PartnerPartnership announced Oct 2024 — TeamSystem and Swot Legal collaborate on software and AI solutions for Italian law firms.
  • Nielsen Consumer InsightcoreGTM or Marketing PartnerCo-branded TeamSystem Brand Health Study (Dec 2023) — source of the 89% client-retention statistic that anchors TeamSystem's value proposition marketing.
  • Confindustria (Young Entrepreneurs & Study Center)coreGTM or Marketing PartnerJoint production of the November 2025 economic indicator report for Italy, based on data from over 200,000 Italian companies across multiple sectors.
  • Latham & WatkinsflagshipOthersAdvised TeamSystem (H&F) on €1.75B senior secured notes issuance (2025) and on €700M senior secured notes (2024) plus €350M Pay-If-You-Want PIK Toggle Notes and RCF upsize.
  • GarriguesminorOthersLegal advisor to TeamSystem on the AIG Classic acquisition in Spain (Jan 2026).
  • KPMGminorOthersFinancial advisor to TeamSystem on the AIG Classic acquisition (Jan 2026).
  • ModefinancecoreTechnology or IntegrationProvides official certified Credit Ratings integrated within TeamSystem Fintech Credit Rating / Rating Platform (Tigran) offering; also powers ESG Services and Credit Scoring in the TeamSystem portfolio.
  • ACD (France)flagshipChannel Partner/ Reseller/ DistributorFrench accounting software provider acquired by TeamSystem in April 2026 (alongside DIA Yazılım in Türkiye); ACD serves ~3,200 firms and 1.3M businesses, €35M 2024 revenue. France described as central to TeamSystem's European growth plans.
  • DIA Yazılım (Türkiye)flagshipChannel Partner/ Reseller/ DistributorTurkish cloud ERP software company for SMEs (tens of thousands of users, >100 employees) acquired by TeamSystem in April 2026 alongside ACD.
  • Morning (Israel)flagshipTechnology or IntegrationIsraeli fintech acquired for ~$150M (Dec 2024) — invoicing and business management SaaS platform serving ~150,000 Israeli customers with ~100 employees.
  • Mikrogrup (Türkiye)flagshipChannel Partner/ Reseller/ DistributorTurkish TeamSystem subsidiary (acquired 2023) through which Bizim Hesap (100% acquired) and Nef Solution (minority stake) were added in Nov 2025; Türkiye positioned as a strategic hub linking Europe and Asia.
  • Bizim Hesap (Türkiye)flagshipChannel Partner/ Reseller/ DistributorCloud-based accounting platform founded in Istanbul in 2013, serving 40,000+ SMEs with e-invoicing, warehouse management and virtual POS. Fully acquired through Mikrogrup in Nov 2025.
  • Nef Solution (Türkiye)minorStrategic or Co-development PartnerAI-driven Turkish fintech in which TeamSystem (via Mikrogrup) took a minority stake in Nov 2025 to deepen fintech capabilities.
  • AIG Classic (Spain)flagshipChannel Partner/ Reseller/ DistributorSpanish management & accounting software for SMEs/professionals, founded 1994 in Vigo, ~55 employees, 34,000+ clients, €5.5M+ revenue in 2025; joined TeamSystem in Jan 2026 to support e-invoicing expansion.
  • Distrito K (Spain)flagshipChannel Partner/ Reseller/ DistributorERP solutions provider for SMEs based in La Coruña, Spain. Fully acquired in Sept 2024 to expand TeamSystem into Spanish mid-market.
  • Golden Soft (Spain)flagshipChannel Partner/ Reseller/ DistributorSpanish ERP/software company backed by Hellman & Friedman (alongside TeamSystem). Acquired by TeamSystem in Feb 2025 to strengthen Spanish footprint.
  • Clémentine (Spain)flagshipChannel Partner/ Reseller/ DistributorSpanish software company acquired alongside Golden Soft by TeamSystem in Feb 2025.
  • Sellsy (France)flagshipChannel Partner/ Reseller/ DistributorFrench AI-enabled Lead-to-Cash software provider (La Rochelle HQ) acquired by TeamSystem in Sept 2025; serves 23,000+ clients and operates in Spain via Quipu. Strengthens TeamSystem's European SME digital transformation offering.
  • ClicData (France)flagshipChannel Partner/ Reseller/ DistributorFrench SaaS data management platform acquired by TeamSystem in July 2025 to boost AI-driven data tools for SMEs across Europe and North America (2.5M-customer reach).
  • Arca24 (Switzerland/Italy)coreChannel Partner/ Reseller/ DistributorAI-powered talent acquisition software provider with 10M+ candidates managed since 2013; acquired by TeamSystem in Nov 2025 to integrate HR capabilities across the suite.
  • Change Capital (Italy)coreChannel Partner/ Reseller/ DistributorItalian SME credit mediator — TeamSystem acquired 61% majority stake in April 2025 to integrate credit-mediation capabilities into its fintech offering (TeamSystem Finanza Agevolata).
  • Logical Soft (Italy)coreChannel Partner/ Reseller/ DistributorItalian software company specializing in digital solutions for construction and engineering; TeamSystem acquired 60% in November 2021 to strengthen its Construction suite (BIM and public-administration modernization).
  • DeliverArt (Italy)minorStrategic or Co-development PartnerFood-delivery and restaurant-digitization platform; TeamSystem acquired a 40% stake in October 2024 from co-founders Eleonora Bove, Bryan Natavio and Damiano Ciarla to strengthen position in food-delivery/restaurant digitization.

Scale indicators23 records

Recent moves6 records

Expansion highlights6 records

TeamSystem competitors and assessment

Company assessment

Direct peers

  • Cegid: French cloud software vendor serving SMBs, accountants and retailers with HR, accounting, ERP and retail point-of-sale solutions—directly comparable to TeamSystem's Cassa in Cloud, TeamSystem Hospitality and Studio AI portfolios and competing in the same French SMB market TeamSystem has entered via ACD and Sellsy.
  • Odoo: Open-source ERP suite with strong SMB and mid-market adoption across Europe, including accounting, manufacturing, construction and POS modules. A direct competitor in the European SMB ERP market and a relevant comparable for TeamSystem Enterprise and vertical suites.
  • Xero: Global cloud accounting platform for SMBs and their advisors, comparable to TeamSystem's Fatture in Cloud and Contabilità in Cloud SMB accounting suite, although primarily English-language and operating outside TeamSystem's core Mediterranean geographies.
  • Sage Group: UK-listed provider of accounting, payroll and ERP software primarily targeting SMBs and accountants across Europe, with comparable subscription revenue model and similar accountant/vertical ecosystem. Sage is the closest publicly listed comparable to TeamSystem's Studio AI and SMB cloud businesses.
  • Visma: Nordic-headquartered provider of accounting, payroll, ERP and SaaS for SMBs and the public sector, owned by Hg Capital and other PE sponsors. Visma's buy-and-build playbook across Europe closely mirrors TeamSystem's acquisition strategy and vertical suite approach.
  • DATEV: German cooperative software provider serving tax advisors, auditors and SMBs with accounting, payroll and ERP solutions. Closely comparable to TeamSystem's commercialisti-focused Studio AI offering, but operating in the German rather than Italian market.
  • Exact: Dutch cloud business software for SMBs covering accounting, ERP, HR and CRM, comparable to TeamSystem's Contabilità in Cloud, CRM in Cloud and Enterprise ERP offerings for the small and mid-market segment in Northern Europe.

Broad incumbents

  • Wolters Kluwer: Dutch-listed professional information and software group with strong tax, legal, accounting and compliance software franchises across Europe. Comparable to TeamSystem's Studio AI, Studio Legal AI, Normo.ai and ViaLibera professional practice suite.
  • SAP Business One: SAP's SMB-focused ERP offering, competing with TeamSystem Enterprise and Power-I for mid-market manufacturers, fashion and wholesale distributors across Europe and Mediterranean markets.
  • Microsoft Dynamics 365 Business Central: Microsoft's cloud ERP for SMBs, deeply integrated with Microsoft 365 and Power Platform—the same stack TeamSystem extends. Business Central is a strategic competitor for TeamSystem Enterprise and a key adjacent platform shaping TeamSystem's go-to-market via the Microsoft Power Platform partnership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

TeamSystem social profiles

Digital presence

TeamSystem compliance and trust

Trust signal

Compliance5 records

TeamSystem financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TeamSystem leadership team

Management profile

Number of profiles

Profiles7 records

TeamSystem subsidiaries and ownership

Company hierarchy

Subsidiaries23 records

TeamSystem funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TeamSystem M&A and investment

M&A and investment

M&A34 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TeamSystem

What does TeamSystem do?

TeamSystem develops, distributes and supports modular cloud SaaS management software for Italian and European businesses, professionals (accountants, labor consultants, lawyers), public administration and a wide range of verticals including manufacturing, fashion, wine, oil, construction, hospitality, retail, sport and associations. The portfolio spans enterprise ERP (TeamSystem Enterprise), vertical micro-vertical suites, professional practice platforms (Studio AI, Studio Legal AI) and SMB micro-cloud products (Fatture in Cloud, Contabilità in Cloud, Easyfatt), all enhanced with native AI Editions and integrated with trust services, payments and fintech capabilities.

Is TeamSystem a public or private company?

TeamSystem is a private company. It is classified as private equity controlled and is currently operating.

When was TeamSystem founded?

TeamSystem was founded in 1986. It employs 1,001 to 5,000 people.

Where is TeamSystem based?

TeamSystem is headquartered in Pesaro, Italy, in the Europe region.

How does TeamSystem make money?

Seven revenue lines are on record. SaaS subscriptions (vertical & horizontal) is the primary driver. The others are financial services & payments (TS Pay, Incassa Subito, Change Capital), trust services (SPID, e-signature, certified email, digital archive), hardware & POS/peripheral sales (TeamSystem Scontrini, Cassa in Cloud hardware), professional services, training & education (Euroconference, Competence center), cross-sell / platform monetization of acquired assets (Mikrogrup, Sellsy, ClicData, ACD, etc.) and data/AI monetization layer.

Who are TeamSystem's main competitors?

Direct peers on record are Cegid, Odoo, Xero, Sage Group, Visma, DATEV and Exact. Broad incumbents are Wolters Kluwer, SAP Business One and Microsoft Dynamics 365 Business Central.

Does TeamSystem have an API?

Yes. TeamSystem PA (Pubblica Amministrazione) platform exposes APIs (Application Programming Interface) enabling interoperability with diverse external systems and the import/export of project artifacts (IFC, DWG) and Excel tables. The API capability is highlighted as a modularity/scalability feature that allows the PA ecosystem to integrate with other systems; no documentation URL, public developer portal, or SDK details are explicitly stated in source material.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
PrivateequitywireFrancisco Partners, KKR take minority stakes in TeamSystem at up to €10bn valuationFrancisco Partners and KKR acquired minority stakes in TeamSystem from majority owner Hellman & Friedman, valuing the company at €8-10bn. The deal includes Francisco buying about 10% and KKR a further 5%, with TeamSystem's adjusted EBITDA reaching €476m in 2025.BeBeezFrancisco Partners e KKR entrano in TeamSystem. H&F monetizza una quota con una valutazione sino a 10 mld euro - BeBeezFrancisco Partners and KKR are entering TeamSystem, an Italian digital business management software company, with Francisco acquiring about 10% and KKR about 5%. The deal values the company between €8 and €10 billion, up from a prior €7 billion estimate. H&F will monetize part of its stake and transfer the remainder to another fund.Pulse 2.0Francisco Partners And KKR To Buy Minority Stakes In TeamSystem At Up To €10 Billion ValuationFrancisco Partners and KKR agreed to buy minority stakes in TeamSystem from Hellman & Friedman, valuing the company at €8-10 billion. The deal would give Francisco about 10% and KKR about 5%, with Hellman & Friedman retaining majority ownership. The transaction uses a private IPO structure to generate liquidity without a public offering.Channel NewsAsiaExclusive-Francisco Partners, KKR to buy minority stakes in Italy's TeamSystem, sources sayFrancisco Partners and KKR agreed to buy minority stakes in Italian software firm TeamSystem from Hellman & Friedman, which will sell about 10% to Francisco and 5% to other investors. The deal values TeamSystem at €8-10 billion, after a software selloff, and allows H&F to cash in part of its 69% stake.MarketScreenerFrancisco Partners, KKR to buy minority stakes in Italy's TeamSystem, sources sayFrancisco Partners and KKR agreed to buy minority stakes in Italian software firm TeamSystem from Hellman & Friedman, valuing the company at EUR8-10 billion. The deal follows a software selloff and allows H&F to cash in part of its investment while transferring its remaining stake to another fund.ReutersEXCLUSIVE: Francisco Partners, KKR to buy minority stakes in Italy's TeamSystem, sources sayPrivate equity firms Francisco Partners and KKR agreed to buy minority stakes in Italian software firm TeamSystem from Hellman & Friedman. The deal values TeamSystem at €8-10 billion, with H&F selling about 10% to Francisco and 5% to other investors including KKR. The transaction comes after a software selloff driven by AI concerns.DealStreetAsiaFrancisco Partners, KKR to acquire minority stake in Italy's TeamSystemFrancisco Partners and KKR agreed to buy minority stakes in Italian software firm TeamSystem from Hellman & Friedman, valuing the company at €8-10 billion. The deal follows a software selloff and allows H&F to cash in part of its 69% stake. TeamSystem generates over €1.3 billion in revenue.Startup BusinessAttacco hacker a TeamSystem, rubati Iban e dati personali dei clientiTeamSystem, a provider of business software, reported on the afternoon of August 24 that hackers accessed its cloud-based accounting software, stealing personal data including names, bank details, email addresses and phone numbers. Italy's National Cybersecurity Agency said the incident affected only corporate clients, not individuals, and the exfiltrated data is limited to personal, contact and bank account information.AInvestTeamSystem’s private equity owners look at stake sale at EUR 8B valuation – FTTeamSystem's private equity owners are reportedly considering a partial stake sale at an estimated valuation of EUR 8 billion, with interest from several strategic and financial buyers, according to a Financial Times report. The Italian enterprise software company has experienced consistent revenue growth driven by demand for digital transformation tools across SMEs in Europe. The transaction process remains in early stages with no definitive timeline or terms disclosed, though analysts suggest it could influence broader M&A activity in the enterprise software sector.AInvestTeamSystem's re owners seek stake sale at EUR 8B valuation: FTTeamSystem's current owners are exploring the sale of a stake in the Italian software company at an estimated valuation of EUR 8 billion, according to a Financial Times report. The potential transaction has drawn interest from multiple strategic and financial buyers, reflecting growing demand for enterprise software solutions in the post-pandemic digital transformation landscape. The process is in early phases, with discussions expected to intensify in the coming months.