Lyvia Group acquires Facility Kwadraat and enters the Benelux market
December 7th, 2023: Lyvia Group enters the Benelux market as they acquire the Netherland company Facility Kwadraat, a SaaS company providing Real-Estate and Facility Management Software. This acquisition is the first in the Benelux region, and marks the start of Lyvia Groups expansion in the region.
Facility Kwadraat is a leading provider of software for facility management, planned maintenance, rental management and property management. With their own proprietary software, WISH, they oer one system for all facility and real estate processes, from practical mobile solutions for executives to clear interactive dashboards for administrators and managers.
“We are happy to be a part of Lyvia Group. This alliance marks a significant step for Facility Kwadraat, as we look forward to utilizing Lyvia Group's collaborative culture and extensive network to expand the reach of our software, WISH, in the international arena. Together, we anticipate substantial growth and success in the Benelux region and beyond”, Dick Vink, Co-founder and Director, Facility Kwadraat.
Facility Kwadraat primarily operates in the Netherlands. The global property management software market is projected to grow over 7 % until 2030, with buyers showing a preference for software available in their primary language. By joining Lyvia Group, Facility Kwadraat is well-positioned for international expansion. Leveraging the collaborative culture and extensive network of Lyvia Group, the company aims to tap into new markets and opportunities.
“We are very excited to start our Benelux journey by welcoming Facility Kwadraat to Lyvia group. As pioneers in real-estate and facility management in the Netherlands, they've built a company with a modular offering to cater to their clients critical needs. With their innovative SaaS platform, they are truly forward-thinking. We take pride in welcoming them to our group”, said Hossein Araghi, Investment Partner in Benelux, Lyvia Group.
The acquisition marks the entry of Lyvia Group into the Benelux market. The Stockholm-based company has a successful track record investing in technology-related companies across the Nordic region and Europe.
ABOUT FACILITY KWADRAAT:
Facility2 was founded in 2002 and provides software for the Real estate and Facility Management business. With clients in both the public and private sector, they have over 25 000 users and their software manage over 50 000 buildings.
ABOUT LYVIA GROUP:
Lyvia Group develops and deliver business critical and growth enabling software and services to customers all over the world. We build solutions based on our own IP and partner with leading industry providers to evolve our customers’ digitalisation.
Read more about Lyvia Group here: hps://lyviagroup.com/
FOR MORE INFORMATION, PLEASE CONTACT:
Hossein Araghi, Investment Partner in Benelux at Lyvia Group, at hossein.araghi@lyviagroup.com
