Leading business software solutions provider and integrator TotalSoft, a fully owned subsidiary of Logo Yazilim A.S. (Logo), has finalized the procedures for the acquisition and integration of Architected Business Solutions (ABS), a business management consultancy group with solid expertise in strategy, business process management, technology and outsourcing.
TotalSoft thus becomes a unique company in the local IT and business solutions industry, consolidating its portfolio of services and solutions, as well as its competencies in consultancy and project management.
Following the merger, ABS shareholders hold a 20% stake in TotalSoft shares. At the same time, Gorkem Tursucu, CEO of ABS and Chief Operations Officer at TotalSoft, becomes CEO of TotalSoft, replacing Onder Eren, who becomes member of the board of directors.
With over 20 years of consulting experience, Gorkem Tursucu has been managing ABS for the past 12 years. Previously, he held executive positions in global companies such as Arthur Andersen and Ernst & Young, being responsible for numerous assurance, consulting and corporate finance projects, in many industries. Gorkem Tursucu also led projects to improve the effectiveness and efficiency of processes for public and private global companies, in regions such as CIS, CEE, India, and Middle East.