Hayfin is pleased to announce that it has supported Five Arrows, the alternative assets arm of Rothschild & Co, in its acquisition of Totalmobile, a UK-based leader in field service management (“FSM”) software, through its Private Equity Solutions strategy.

Totalmobile has been combined with Solvares Group, a German provider of advanced scheduling, route optimisation, logistics and field sales management solutions. Solvares was originally backed in 2024 by Five Arrows and Deutsche Beteiligungs AG. This transformational merger has formed the largest pure-play, multi-vertical FSM software provider in Europe.

Totalmobile, headquartered in Belfast, is a UK leader in mobile workforce enablement, job management, rostering and workflow-centric FSM solutions, serving more than 500,000 field workers across public and private sectors.

Solvares is a leading German provider of field service, logistics and field sales management software, serving over 1,800 customers across Europe with best-in-class scheduling, dispatching, route optimisation and mobile workforce capabilities.

Vladimir Balchev, Managing Director, Private Equity Solutions at Hayfin, commented: “We are delighted to support Five Arrows in this landmark combination. We believe Totalmobile and Solvares will together create an exceptional platform operating at the very forefront of field service management software. This transaction underscores our experience in this space, which we continue to find extremely compelling, as it is underpinned by long-term growth drivers and a clear requirement for sophisticated, mission-critical workflow tools.”