White & Case advises Bregal Milestone on majority investment in Asolvi

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Global law firm White & Case LLP has advised leading software growth private equity firm Bregal Milestone on its majority investment in Asolvi, a provider of field service management (FSM) software for compliance-critical and asset-intensive industries.

Bregal Milestone is acquiring its stake from Volpi Capital and Viking Growth.

Bregal Milestone is a leading software private equity firm with around €2.3 billion of capital raised since inception. It provides growth capital and operational support to build market leading companies in B2B software, AI and cybersecurity. Bregal Milestone is part of Bregal, a global GP solutions platform for the private markets with assets under management of more than €24 billion.

Founded in 1991 in Norway, Asolvi is the leading European provider of field service management software for specialist industries, with more than 2,000 customers across more than 20 countries and a strong footprint in the UK, DACH, the Nordics, Spain and Latin America.

The White & Case team which advised on the transaction was led by partner Victor Åberg (Helsinki) and included partner Oona Lilja (Helsinki) and associates Roosa Väre, Santeri Naukkarinen, Emma Elopuro, Josh Sung, Krista Rekola, Jasmin Piippo (all Helsinki), Lennart Merlin Werbeck, Daniel Stübbe, Jonas Huber, Karim Meziani (all Frankfurt), Alejandro Grima, Eduardo Franco (both Madrid), Clémence Flichy, Rehane El Khayari, Chloé Gruaz and Anaïs Poplin-Svetlova (all Paris).

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