TSS4U solar solutions growth plans within reach with Aletra Capital Partners on board

TSS4U solar solutions growth plans are within reach with Aletra Capital Partners on board

Eindhoven, April 2019

Today TSS4U (TSS) announced that Aletra Capital Partners (Aletra) became its new majority shareholder. TSS designs and supplies solar and solar-hybrid off-grid solutions for mission-critical applications including oil and gas platforms, telecom cell towers, water treatment plants and industrial microgrids. Aletra provides the additional capital and financial security to the company that allows TSS to accelerate their growth plans in geographical markets and market segments. Aletra is based in Laren, The Netherlands and has a subsidiary in Singapore to cover the Asian market. TSS is based in Eindhoven, The Netherlands and has subsidiaries in Abu Dhabi and Kuala Lumpur to cover the Middle East, African and Asian markets.

TSS Managing Director Dop Brzesowsky on the new majority shareholder Aletra Capital Partners:

“With the growth plans we have today, Aletra is a perfect match, firstly to meet our financial needs and secondly to apply their knowledge of the telecom sector and of the Asia region. Hence we are now better positioned to realize our global ambitions.”

Aletra Capital Partners Managing Director Geert Postma on TSS:

“TSS is the premier international solar and solar-hybrid off-grid solutions provider. We are very happy to team up with TSS to enhance growth. The management of TSS will work hard to grow the company in oil and gas applications in current geographical markets, but also in new countries and in other segments. We will enthusiastically support that effort.

About TSS4U

TSS4U (TSS) is a Solar Solutions System Integrator active in the Oil & Gas market and the Telecom market. It was founded in 2003 as a spin off from Shell Solar. TSS is headquartered in The Netherlands with local offices in the U.A.E. and Malaysia. TSS also works with a global network of experienced local partners. At current TSS has commissioned over 1,100 solar systems across Africa, Southeast Asia, the Middle East and Africa ranging from remote safe area solar systems in the dessert to explosion proof off-shore solar systems.

About Aletra Capital Partners

Aletra Capital Partners B.V. (Aletra) is an investment company based in Laren and Singapore which invests the money of its partners. It currently has 13 companies in its portfolio.

Aletra is a hands-on investor who supports the management of its portfolio companies in realizing their full potential.