
Smart ID Technology acquires the Business Solutions division from HTSS
Bucharest, July 11 Smart ID Technology, a Romanian company specialized in end-to-end automation solutions, announces the acquisition of the Business Solutions division of HTSS, with the support of the private investment fund SARMIS Capital. This strategic transaction aims to take over both a valuable team, with solid experience in the architecture, development and delivery of customized software solutions, and two proprietary software products: the automated shift planning solution Shiftin and the eLearning platform Mindclass.
This move strengthens Smart ID’s strategic position as an integrated provider of value-added digital solutions for industries such as retail, logistics, manufacturing, healthcare and services. The acquisition is based on a solid complementarity between the product portfolios and technical expertise of the two companies.
By integrating the team and the two products, Mindclass and Shiftin, we expand our ability to provide scalable software solutions with real impact in our clients’ operations,” said Daniel Boangiu, CO-founder & CEO of Smart ID Technology. “We are delighted to welcome professionals with a strong product DNA to the team, who will contribute to the consolidation of the Logistics and Business Solutions division. Together, we will deliver digital platforms that bring real differentiation to the market.”
In turn, Petru David, Investment Manager of Sarmis Capital, emphasized the importance of this stage: “This acquisition marks a significant step in our strategy to build a regional leader in digital solutions. Smart ID is already a major player in the software industry, with market-validated products and teams. We will continue to support this evolution through additional investments and expertise.”
“For HTSS, the transaction provides continuity of the transferred products and team, in an environment conducive to development,” added Adriana Lungu, CFO of HTSS. “We are confident that Smart ID is the right partner to take these solutions forward.”
Mindclass is a next-generation eLearning platform that supports employee training and development at an organizational scale. Mindclass brings together the eLearning process supported by an artificial intelligence (AI)-based system, development, skills and interactive capabilities, such as gamification and augmented reality, into a personalized user experience.
Shiftin is an intelligent automatic shift planning application, created for operational teams in areas where efficient work schedule organization is essential. The solution addresses the needs of managers and employees in retail chains, production teams or logistics warehouses, offering a quick and easy way to create and adjust schedules. By using Shiftin, companies can optimize their human resource planning, allocating them where it matters most - at key business moments. In addition, Shiftin reduces planning time, ensures compliance with legal regulations, and provides transparency and flexibility for all involved.
The custom software development team brings advanced skills in full-stack technologies, web and mobile applications, turnkey enterprise solutions, and systems integration, and solid experience in agile delivery, data engineering, and UX, complements Smart ID's technical capabilities and will play an essential role in future product and platform initiatives.
The entire team will be integrated into Smart ID's Logistics and Business Solutions division, forming an extended center of competence for product development and implementation of customized solutions.
About Smart ID
Smart ID Technology is one of the most important local technology providers, with over 15 years of experience in providing integrated solutions that combine software, hardware, and automation, dedicated to companies that aim to optimize costs and increase productivity. With a performance-oriented approach, the company addresses industries operating in complex and dynamic environments, such as retail, logistics and manufacturing, offering critical business solutions to streamline processes and improve operational flows. Whether it is the implementation of high-performance equipment, the development of software adapted to specific requirements or the automation of critical processes, the company's mission is to provide solutions that generate real and sustainable value for its partners.
About SARMIS Capital
Sarmis Capital is an independent private equity fund established in 2019, focused on investments in Central and Eastern Europe. It is the largest fund of this type raised in Romania by a local team. SARMIS brings not only financial capital to the invested companies, but also strategic, operational and consolidation expertise. SARMIS Capital's portfolio includes, in addition to Smart ID Technology, MG-Tec Industry




