Asolvi has acquired Dr. Herwig GmbH to expand its presence in the utilities sector and enhance its field service management solutions in Germany.
Information on the Target
Dr. Herwig GmbH is a prominent software provider in Germany, specializing in field service management (FSM) solutions for the utilities sector. Founded in 1991 by Dr. Karl-Heinz Herwig and headquartered in Erfurt, Germany, the company has established itself as a leader in delivering cloud-native software that facilitates the end-to-end management of utility services, including the installation, maintenance, and replacement of gas, electricity, and water metering devices. With a dedicated team of 16 employees, Dr. Herwig is known for its innovative approaches that support local gas market conversions and other utility operations.
Industry Overview in Germany
The utilities sector in Germany is undergoing significant transformation driven by advancements in technology and the need for digitalization. As the demand for efficient resource management and reduced operational costs grows, the adoption of modern software solutions in the field service management industry has become essential. The German market is recognized as fast-growing and competitive, with increasing pressure on service management providers to deliver innovative and reliable software solutions.
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In recent years, the German government has promoted initiatives aimed at enhancing energy efficiency and sustainability, which in turn has stimulated investment in new technologie
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Asolvi
invested in
Dr. Herwig GmbH
in 2023
in a Buy & Build / Roll-Up deal