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Norway's Asolvi acquires Purpose Software

Norwegian field service management specialist Asolvi has acquired UK vendor Purpose Software, the provider of service management software for managed print services (MPS) providers.

This is Asolvi's third acquisition in as many years, and together with Purpose Software it will have more than 900 customers across over 30 countries.

“Following the acquisitions of Tesseract and WS Software in 2016 and 2017 respectively, we are proud to welcome Purpose Software into our growing family,” said Pål M Rødseth, CEO of Asolvi. “Purpose Software has the leading position in the document management space in the UK, while Asolvi occupies a similar position in the Nordics and continental Europe.

“We both offer software that generates enormous efficiency and productivity gains for providers of managed print and document services.”

Purpose Software CEO Michael Burke said: “We have got to know Asolvi as a competent and dedicated company in the service management space and I am confident that bringing the companies together will benefit our customers going forward.

“Being part of a larger software group will add strength to the product development that is needed to be a service management solution provider for the future, and I look forward to working closely with the Asolvi team to achieve this."

The acquisitions of Tesseract, WS Software and Purpose Software are in line with Asolvi's strategy to become the leading provider of field service management systems for SMEs in Europe, said Asolvi. The company has now added Purpose Software's 2Serv and CBS solutions to its broadening product suite, which already includes the Evatic, Tesseract and WinServ solutions.

Asolvi is a private company owned by the founders, management and Viking Venture. It is headquartered in Trondheim, Norway.