Information Technology
Asolvi, the European leader in fire & security field service software, acquires Foxtag to accelerate growth
Foxtag, founded in 2015 by Dirk Thiede and Niels Linnemann , has rapidly become one of the fastest-growing fire & security SaaS providers in Germany . The business has grown organically over 30% p.a. and now serves more than 600 customers with a modern, flexible, and easy-to-deploy solution.
Dirk Thiede , co-founder of Foxtag, said:
Niels Linnemann , co-founder of Foxtag, added:
By combining Foxtag's cloud-based platform with Asolvi's existing fire & security solutions, the Group now offers the most comprehensive suite of fire & security FSM products in Europe . Customers benefit from deep industry functionality, deployment flexibility, and the scale of a trusted European specialist market leader.
Nick Barnett , CEO of Asolvi, commented:
Fernando Piekenbrock and Erik Berggren from Volpi Capital, Asolvi's majority shareholder, said:
Asolvi is the leading European provider of field service management software for specialists, trusted by over 1,000 customers in >20 countries with a strong footprint in the UK, DACH, the Nordics, Spain , and LATAM. Founded in 1991 in Norway , Asolvi has scaled both organically and through acquisitions to become the dominant player in the fire & security, traffic management, and utilities sectors, among other verticals. Backed by Volpi Capital, Viking Growth, and its management team, Asolvi continues to drive consolidation and digital transformation across the FSM market.
Photo - https://mma.prnewswire.com/media/2810500/Asolvi.jpg
Logo - https://mma.prnewswire.com/media/2810499/Asolvi_Foxtag_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/asolvi-the-european-leader-in-fire--security-field-service-software-acquires-foxtag-to-accelerate-growth-302604449.html