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New Deal


Announced

Completed

Volpi Capital-backed Asolvi completed the acquisition of Dr. Herwig.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Cross Border

Private

Software

software company

field service

Germany

Acquisition

Majority

Friendly

Single Bidder

Synopsis

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Volpi Capital-backed Asolvi, a provider of field service management software in Europe, completed the acquisition of Dr. Herwig, a German software company specialising in solutions for the field service and maintenance industries. Financial terms were not disclosed. "I'm delighted that we can welcome the Dr. Herwig team in to the Asolvi family. They bring unique capabilities and talent, strengthening our presence in Germany and also opening a new vertical for Asolvi to drive further growth, both organically and inorganically," Nick Barnett, Asolvi CEO.

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