Zvoove Group GmbH
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Zvoove Group GmbH - overview
Established
2021
Location
-, -, Germany
Primary Industry
Software
About
Zvoove Group GmbH, based in Germany, offers comprehensive software solutions for personnel and facility service providers, enhancing operations through digitization and process integration across various sectors. Zvoove Group GmbH specializes in the digital transformation of personnel and facility services. Founded in 2021 in Germany, it was formed through the merger of several companies, including Landwehr Computer und Software GmbH, rhb Software GmbH, prosoft EDV- Lösungen GmbH & Co. KG, and BackOffice AG.
The company is led by CEOs Leuzinger Benjamin, Oliver Muhr, and Timo Kranz. The most recent deal occurred on February 1, 2021, highlighting the company's strategic consolidation in the service sector. Zvoove provides end-to-end digitization solutions for personnel and facility service providers. Its core offering, zvoove One, is a cloud-based software platform that integrates essential functions such as recruitment, personnel management, order administration, time tracking, invoicing, payroll processing, and reporting.
This platform serves over 7,500 clients across Europe, focusing on enhancing operational efficiency and reducing costs in the personnel and facility services industry. In 2021, Zvoove generated revenue of USD 1. 82 mn, primarily through subscription-based models for its software offerings, particularly zvoove One. Clients typically enter into annual or multi-year contracts, which include user licenses and software updates, creating a steady revenue stream.
Zvoove Group GmbH plans to expand its product offerings and geographic reach. The company is currently developing new software features aimed at enhancing user experience and operational capabilities, with expected releases in late 2023. Additionally, Zvoove is targeting expansion into emerging markets in Eastern Europe and Scandinavia by 2024, leveraging recent funding from its merger to support these initiatives. The strategic consolidation of its previous companies is anticipated to create synergies that will enhance its competitive position in the personnel services market.
Current Investors
LEA Partners
Primary Industry
Software
Sub Industries
Sales & Marketing Software, HR & Workforce Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.zvoove.com
Verticals
Cloud Computing, Mobile Apps
Total Amount Raised
Subscriber access only
Zvoove Group GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | adata Software GmbH | - | ||||||||
| Add-on | Completed | Plan4Flex | - | ||||||||
| Add-on | Completed | CleanManager ApS | - | ||||||||
| Add-on | Completed | NIVEL IV – SERVICIOS INFORMATICOS GALLEGOS, S.L | - | ||||||||
| Add-on | Completed | mywage Ltd | - |
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