Skip to main content

Volaris Acquires Zeit AG

Provides time-tracking software to address complex strategic, operational, and regulatory requirements

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) — Volaris Group, a global leader in vertical market software, today proudly announced its acquisition of Zeit AG, a provider of workforce management solutions catering to the needs of complex European organizations.

Zeit’s technology helps customers address time tracking for employees and projects, workforce and shift planning, and attendance management requirements.

Commenting on the acquisition, Alice Luo, Chief Strategy Officer at Volaris Group said, “I look forward to working with Zeit AG to continue to deliver increasing value to their customers and supporting its mission to deliver new time tracking and workforce management innovation. Volaris best practices and learning opportunities can help position Zeit for success and growth.”

Established in 1994 and with its headquarters in the picturesque town of Sursee, Switzerland, Zeit AG has consistently been at the forefront of time management technology with its flagship products, ProLine and Bridge4ERP. The solutions, available as SaaS or on-premise model, stand out for their adaptability and wide-ranging functionality.

Stefan Müller, CEO of Zeit AG, stated, “Our modular time-tracking solution is designed to be a one-stop-shop for all workforce management challenges and represents our commitment to innovation and customer satisfaction. Volaris Group’s approach is to buy and hold the companies they acquire – meaning our customers can have confidence in a stable home for our team and technology.

Zeit AG will continue to operate independently under the leadership of Stefan Müller and the Zeit AG leadership team.

About Volaris Group
Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete, enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.

For more information:
Ryan Hill
Volaris Group
Tel: +1 416-831-0305
ryans.hill@volarisgroup.com

Media Contact for Zeit AG:
Alexander Dominik
Head of Marketing – Zeit AG
Tel: +41 78 232 9873
alexander.dominik@zeitag.ch

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.