Asolvi Enters Spain and Latin America Through Acquisition Of Binary Soluciones

Trondheim, Norway – 13.04.2023: Asolvi, a leading provider of field service management software in Europe, has recently acquired Binary Soluciones Informáticas (“Binary”). Binary specialises in field service solutions for the fire protection and security sector and has over the past 20 years established itself as the leading provider not only in Spain but also in Latin America. Led by its founder, the business employs 20 FTEs and serves 250+ customers in Spain, Colombia, Argentina, Mexico, and Peru.

The acquisition of Binary will enable Asolvi to deepen its vertical focus in the fire and safety industry, whilst also creating a beach head to expand its reach into Spain and Latin America.

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

Asolvi's CEO, Pål M. Rødseth commented: “We are delighted to welcome the talented team of Binary, the acquisition will be a significant step in Asolvi's growth strategy and enable us to be a respected 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 industries further segments Asolvi to be a leading provider of service management software».

Erik Berggren of Volpi Capital adds: “The acquisition of Binary is an important milestone for Asolvi and our strategy to create a more international business and is also a testament of our ability to grow through acquisitions into new geographies”.

Fernando Piekenbrock, of Volpi Capital, commented: “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.”