The amount of the deal was not disclosed.
With the acquisition, Asolvi aims to boost commitment to DACH market.
The deal will see the TIVAPP team of Fire and Security experts joining Asolvi. This team, in combination with TIVAPP’s software, will strengthen Asolvi’s position across the DACH market and enhance its native-language customer support. It will also expand existing sales functions across the region, positioning Asolvi for further sustainable growth.
Led by Harry Liedtke, CEO, TIVAPP is a specialist service, inventory, test documentation and billing software solution. specifically designed for service providers in the field of fire protection and security technology. The solution enables users to digitally map and manage all their key processes, ranging from complete inventory management to fire safety inspections and training. In addition, the company provides extensive manufacturer product data, approvals information and links to accounting systems.
Led bu Pål M. Rødseth, CEO, Asolvi is a provider of service management software for small and medium-sized enterprises (SMEs) in the field service industry in Europe, employing more than 100 staff in ten offices across the continent. The company was founded in 1991 in Trondheim, Norway, and has grown organically and through recent acquisitions to reach 1,600+ customers in 35+ countries. This is the sixth acquisition since 2016 and forms part of its broader strategy to expand organically, and where appropriate, through acquisitions across Benelux, DACH, the Nordics and the UK. It is a private company owned by Volpi Capital, Viking Venture and the Management.