Asolvi acquires Spanish software company Binary Soluciones

Asolvi, a leading provider of field service management software in Europe, has recently acquired Binary Soluciones (“Binary”). Binary is a Spanish software company specializing in solutions for the field service and maintenance industries. They have a particular focus on customers in the alarm, fire and security industry. 

Binary has established itself as a respected field service management provider in Spain, Colombia, Argentina, Mexico, and Peru. Now serving close to 200 customers. 

Expanding to Spain and Latin America

The acquisition of Binary will enable Asolvi to expand its reach in Spain and Latin America. As well as, enhance its offerings with Binary’s expertise in mobile workforce management, maintenance scheduling, and other essential aspects of field service management.

– I am very excited to join the Asolvi family and its potential to better serve their customers with the combined expertise of both companies, says Antonio Delgado Prieto, CEO of Binary.

Strategic importance within core industry vertical

– We are delighted to welcome the talented team of Binary; the acquisition is a significant step in Asolvi’s growth strategy and enable us to be a significant provider of field service solutions in the Spanish and Latin American markets. The addition of Spain and Latin America with many customers within one of our core industry verticals further segments Asolvi as a leading provider of service management solutions to this industry, comments Asolvi’s CEO, Pål M. Rødseth. 

– The acquisition of Binary is an important milestone for Asolvi and our strategy to create a more international business. It demonstrates the strategic importance of the Fire and Security sector and the ability to grow through acquisitions into new geographies. We warmly welcome Antonio Delgado Prieto and his team and look forward to working together to accelerate the continued growth of the combined business, adds Erik Berggren of Volpi Capital.

Welcomes the Binary team

– We have been impressed by Antonio Delgado and his team since our first meeting, and we are thrilled to welcome them to the Asolvi family. Together, we will accelerate the continued growth of our combined business, comments Fernando Piekenbrock of Volpi Capital.

– Binary is a perfect add-on acquisition, strengthening our offer within the alarm, fire, and security industry. We welcome Antonio Delgado and his team to the Asolvi family, adds Jostein Vik, Partner at Viking Venture.

Greater value to customers

With a presence in almost 40 countries and over 1,800 customers globally, Asolvi is now in a better position to increase its market share and establish its position as a leader in the European and Latin American field service management software industry. Asolvi has more than 100,000 users worldwide, and this acquisition will only enhance its ability to serve its customers better.

The acquisition of Binary is an essential milestone for Asolvi, and it reflects the company’s commitment to expanding its offerings and reaches to provide exceptional service to its customers. Combining Asolvi’s and Binary’s expertise enables the company to deliver even greater value to its customers and create new opportunities for growth and innovation.

More information about Asolvi’s services can be found at: https://asolvi.com.

Header image: Pål M. Rødseth, CEO of Asolvi.