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Solvares Group and Totalmobile Announce Merger to Create an International Leader in Field Service
S For Story/10685513
Merger follows regulatory approvals and the completion of the acquisition of Totalmobile by Five Arrows and funds advised by Deutsche Beteiligungs AG.
LONDON - s4story -- Solvares Group and Totalmobile have today announced they are to merge, creating one of the most comprehensive international providers of field service and workforce optimisation technology.
This follows the investment in Solvares in December 2024 by Five Arrows and funds advised by Deutsche Beteiligungs AG, and the completion of the subsequent acquisition of Totalmobile, following regulatory approval.
The merger brings together Solvares and Totalmobile's market leading field service management solutions. Totalmobile's 'Field First' platform for field service execution, alongside innovative workforce scheduling, planning and optimisation expertise from Solvares.
The combined business will now employ more than 800 people and support over 4,000 customers across Europe, the UK and Australasia. Customers span sectors including emergency services, health and social care, housing, facility management, telecommunications, infrastructure, engineering, IT, and logistics, supporting organisations that rely on field workforces to deliver essential services.
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For the wider market, the combination reflects growing demand for software that can manage complex service delivery and resource requirements, while remaining practical for frontline teams. The merged group creates a differentiated AI-enhanced platform with the scale to support continued innovation in global field service management software.
Phil Race, Chief Executive Officer of Totalmobile, said: "This is a defining moment for Totalmobile and an important step in building a business with global scale, experience and depth in field service management software. Field operations are becoming more complex, service expectations continue to rise, and organisations need technology that connects planning through to execution in a practical way.
At the heart of Totalmobile is a customer-centric culture that is deeply focused on the service we provide. In Solvares, I see a team with a similar mindset. Bringing our businesses together strengthens what we can offer customers and creates a business built for the long term."
Ivan Bagaric, Chief Executive Officer of Solvares Group, added: "The combination of Solvares and Totalmobile marks a transformative moment for both businesses and the international field service software landscape. Over decades Solvares has built world leading algorithms and products to optimise and plan resources. Together with Totalmobile we have a shared culture to drive innovation, product quality and customer success. This combination deepens our domain expertise and broadens the capabilities we can offer customers across planning, optimisation and field execution."
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Existing customers of both businesses will continue to receive the same products and support, with no immediate changes as a result of the merger. The merger is backed by Five Arrows, the alternative assets arm of Rothschild & Co, and funds advised by Deutsche Beteiligungs AG.
Read more: https://solvares.com/en/press/solvares-group-and-totalmobile-are-to-merge/
This follows the investment in Solvares in December 2024 by Five Arrows and funds advised by Deutsche Beteiligungs AG, and the completion of the subsequent acquisition of Totalmobile, following regulatory approval.
The merger brings together Solvares and Totalmobile's market leading field service management solutions. Totalmobile's 'Field First' platform for field service execution, alongside innovative workforce scheduling, planning and optimisation expertise from Solvares.
The combined business will now employ more than 800 people and support over 4,000 customers across Europe, the UK and Australasia. Customers span sectors including emergency services, health and social care, housing, facility management, telecommunications, infrastructure, engineering, IT, and logistics, supporting organisations that rely on field workforces to deliver essential services.
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For the wider market, the combination reflects growing demand for software that can manage complex service delivery and resource requirements, while remaining practical for frontline teams. The merged group creates a differentiated AI-enhanced platform with the scale to support continued innovation in global field service management software.
Phil Race, Chief Executive Officer of Totalmobile, said: "This is a defining moment for Totalmobile and an important step in building a business with global scale, experience and depth in field service management software. Field operations are becoming more complex, service expectations continue to rise, and organisations need technology that connects planning through to execution in a practical way.
At the heart of Totalmobile is a customer-centric culture that is deeply focused on the service we provide. In Solvares, I see a team with a similar mindset. Bringing our businesses together strengthens what we can offer customers and creates a business built for the long term."
Ivan Bagaric, Chief Executive Officer of Solvares Group, added: "The combination of Solvares and Totalmobile marks a transformative moment for both businesses and the international field service software landscape. Over decades Solvares has built world leading algorithms and products to optimise and plan resources. Together with Totalmobile we have a shared culture to drive innovation, product quality and customer success. This combination deepens our domain expertise and broadens the capabilities we can offer customers across planning, optimisation and field execution."
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Existing customers of both businesses will continue to receive the same products and support, with no immediate changes as a result of the merger. The merger is backed by Five Arrows, the alternative assets arm of Rothschild & Co, and funds advised by Deutsche Beteiligungs AG.
Read more: https://solvares.com/en/press/solvares-group-and-totalmobile-are-to-merge/
Source: Solvares Field Service
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