Marathon makes its sixth acquisition

Marathon Software’s business area for professional cleaning software is growing with the acquisition of Avista Time i Norden AB. With this deal, we’re forming the largest player in Sweden in software for the cleaning and facility management industry, with the products Timewave and Avista Time. Timewave is the market-leading software for professional home services, and Avista Time is a leader in commercial cleaning. The acquisition strengthens our market offering from two directions, while shared features will benefit more customers. Going forward, investment in both products will increase to further strengthen the offering and deliver even better digital solutions to the cleaning industry.

Mikael Tikas, CEO of Timewave; We’re very happy to bring Avista Time on board and thereby further strengthen our customer offering. We both deliver software for commercial cleaning and will be able to learn a lot from each other.

Ulf Gullstedt, CEO of Avista Time; Joining the Marathon Software group is the next step in Avista’s development. It strengthens us in several ways, but above all we get more resources and a bigger organization, which means we can develop our offering for the FM industry at an even faster pace and keep helping the industry go digital.

Marathon Software develops and markets niche B2B software solutions. The business is run through several subsidiaries, each with a solution for its own customer group. As a permanent owner with an active role, we support the growth and product development of our industry winners, while continuing to acquire more industry-leading niche B2B software companies with revenues between SEK 5–50 million. More information is available at marathonsoftware.com.

Timewave develops and markets the market-leading business system for Sweden’s home service companies. More information is available at timewave.se.

Avista Time develops and markets a web-based platform for quality follow-up and assignment planning in Facility Management and care. More information is available at avistatime.com.