M&A Deal Summary

Solvares Acquires Fast Lean Smart

On September 24, 2018, Solvares acquired software company Fast Lean Smart

Acquisition Highlights
  • This is Solvares’ 1st transaction in the Software sector.
  • This is Solvares’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-09-24
Target Fast Lean Smart
Sector Software
Buyer(s) Solvares
Deal Type Add-on Acquisition

Target

Fast Lean Smart

Berkshire, United Kingdom
Fast Lean Smart is a developer and seller of software that enables energy suppliers, industrial companies, financial service providers, retail and real estate companies to plan and optimise their schedule and route planning as well as their deployment of field service employees and delivery vehicles. Fast Lean Smart was founded in 1992 and is based in Berkshire, United Kingdom.

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Buyer(S) 1

Buyer

Solvares

Heikendorf, Germany

Category Company
Founded 2018
Sector Software
DESCRIPTION

Solvares develops and distributes software with which companies plan, control and optimize their transport logistics and field service, maintenance and distribution. Solvares' customers include leading brands from the retail, energy supply, mechanical and plant engineering, medical technology, building materials trade, finance and insurance industries as well as real estate management. Solvares was formed in 2018 and is based in Heikendorf, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1