Zvoove Group Acquires Fortytools: Two Software Providers For Cleaning Services Are Joining Forces
Acquiring Company
zvoove Group
Acquired Company
Fortytools
WietmarschenSoftwareArtificial Intelligenceinformation technology & servicesSoftwareDescription
zvoove Group, the market-leading provider of digitalization solutions for temporary staffing and cleaning service providers in Europe, is expanding its position in the segment of smaller cleaning service providers through the acquisition of the start-up company Fortytools. zvoove's current ERP solution for cleaning service providers offers a range of features that is unique in the market as it enables cleaning service providers to digitalize all of their business processes – from recruiting to payroll. Up to now, zvoove's offering was primarily targeted at medium and larger cleaning service providers. With the acquisition of Fortytools, zvoove is now also tapping into the segment of smaller cleaning service providers by offering an innovative SaaS solution.
Quick answer
zvoove Group is acquiring Fortytools, announced January 16, 2023. zvoove Group is based in Wietmarschen, Niedersachsen, Germany.
- How much did zvoove Group pay for Fortytools?
- The deal value was not disclosed.
- What does zvoove Group do?
- zvoove Group is the industry leading provider of software and AI solutions for the temporary staffing, cleaning services and personal security industries.
- Where are zvoove Group and Fortytools based?
- zvoove Group is based in Wietmarschen, Niedersachsen, Germany.
- Who are the decision-makers at zvoove Group?
- Fundz holds 5 contacts at zvoove Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at zvoove Group, and when
When zvoove Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day zvoove Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at zvoove Group, from your own LinkedIn network
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Frequently asked
Who acquired Fortytools?
Fortytools was acquired by zvoove Group, based in Wietmarschen. The deal was reported on January 16, 2023. zvoove Group is the industry leading provider of software and AI solutions for the temporary staffing, cleaning services and personal security industries. zvoove Group is privately held and operates in Software.
When did zvoove Group acquire Fortytools?
zvoove Group's acquisition of Fortytools was reported on January 16, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fortytools do?
Fortytools offers professional software for cleaning companies to enable them to easily plan and manage their internal projects and processes. Fortytools GmbH was founded in 2010 and is still jointly managed by Sebastian Gauck and Timo Kranz to this day. It is privately held, operating in Software.
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