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Asolvi acquires Foxtag for service expansion

Oct 24, 20255 days ago

Acquiring Company

Asolvi

Acquired Company

Foxtag GmbH

TrondheimHamburgSaasInformation TechnologySoftwareSecuritySoftware

Description

Mayer Brown has advised Asolvi AS on its acquisition of Foxtag GmbH. This transaction strengthens Asolvi's position in the market for digital service solutions within fire protection and safety technology. Foxtag has seen significant growth, serving a rapidly expanding customer base in Germany.

Company Information

Company

Asolvi

Location

Trondheim, Trøndelag, Norway

About

Asolvi delivers specialist Field Service Management (FSM) software tailored to the needs of high-compliance industries. Whether in Fire & Security, Utilities (including Solar & EV), Civils Infrastructure & Traffic Management, or other key sectors, Asolvi’s expert-built solutions help businesses stay efficient, compliant, and ready to meet the demands of the field.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed