Announced
Synopsis
Volpi Capital, a specialist European lower mid-market private equity firm, today announces its sixth deal with the management buyout of Asolvi, a European leader in field service management solutions, from Viking Venture. Financial terms were not disclosed. Asolvi provides service management software for small and medium-sized enterprises (SMEs) in a range of field service industries including printing and copying; alarm, fire and security; and vending machines. "The business perfectly aligns to our investment thesis of backing businesses harnessing technologies to improve productivity and efficiency within B2B value chains. Having already expanded successfully into multiple geographies, we see great potential to further internationalise Asolvi into Benelux, Germany and the UK, and look forward to supporting management to strengthen the business’ geographic footprint. Viking represents a great partner for Volpi and we very much look forward to working with them.” Marco Sodi, Volpi Capital.
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