M&A Deal Summary

Asolvi Acquires Foxtag

On November 4, 2025, Asolvi acquired software company Foxtag

Acquisition Highlights
  • This is Asolvi’s 3rd transaction in the Software sector.
  • This is Asolvi’s 2nd transaction in Germany.

M&A Deal Summary

Date 2025-11-04
Target Foxtag
Sector Software
Buyer(s) Asolvi
Deal Type Add-on Acquisition

Target

Foxtag

Hamburg, Germany
Foxtag provides software solutions for digital maintenance, inspection, and service management. Foxtag enables service providers to plan, document, and manage maintenance tasks digitally across equipment types such as fire protection systems, doors, gates, and safety devices. Foxtag was founded in 2015 and is headquartered in Hamburg, Germany.

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Buyer(S) 1

Buyer

Asolvi

Trondheim, Norway

Category Company
Founded 1991
Sector Software
DESCRIPTION

Asolvi is a provider of 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. Asolvi was founded in 1991 and is based in Trondheim, Norway.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 Dr. Herwig

Erfurt, Germany

Dr. Herwig is a provider of field service management (FSM) software for the utilities sector in Germany. Its cloud-native product streamlines the roll-out, replacement, and maintenance of traditional and smart metering devices for gas, electricity, and water, and digitizes the end-to-end operations of local gas market area conversion projects. Dr. Herwig was formed in 1991 and is based in Erfurt, Germany.

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