DBAG invests in Totalmobile with Five Arrows

Frank­furt am Main — Funds advi­sed by Deut­sche Betei­li­gungs AG (DBAG) toge­ther with Five Arrows, the alter­na­tive invest­ments divi­sion of Roth­schild & Co, are acqui­ring UK-based Total­mo­bile Limi­ted (Total­mo­bile) — a leading global provi­der of field services manage­ment soft­ware — from Bowmark Capi­tal. — Comple­tion is still subject to regu­la­tory appr­ovals and is expec­ted to take place in the first quar­ter of 2026. 

Total­mo­bile and the market

Total­mo­bile was foun­ded in 1985 in Belfast, UK, and is a leading global provi­der of field services manage­ment soft­ware. More than 500,000 users rely on the company’s soft­ware solu­ti­ons every day. With its 100 percent cloud-based Field First plat­form, Total­mo­bile enables its appro­xi­m­ately 900 custo­mers to opti­mize their proces­ses, increase effi­ci­ency and achieve a signi­fi­cant return on their investment. 

Total­mo­bile is parti­cu­larly strong in the public sector, where it serves custo­mers from the health­care and housing sectors as well as various emer­gency services. The company is pursuing an expan­sive growth stra­tegy in Austra­lia and New Zealand in order to further expand this group. The addres­sed core market is gene­ra­ting double-digit growth rates and is bene­fiting from a posi­tive regu­la­tory envi­ron­ment, the ongo­ing tran­si­tion to cloud-based solu­ti­ons and the demand for further profes­sio­na­liza­tion of field service proces­ses. Total­mo­bile is ideally posi­tio­ned for this growth and at the same time has a robust busi­ness model with a high propor­tion of recur­ring revenue. 

Jannick Hune­cke, member of the Manage­ment Board of Deut­sche Betei­li­gungs AG, says: “We will further expand Total­mo­bile ‘s leading posi­tion for intel­li­gent, networked soft­ware solu­ti­ons in close coope­ra­tion with Total­mo­bi­le’s manage­ment and Five Arrows. Follo­wing the invest­ment in MAIT, a leading digi­ta­liza­tion part­ner for SMEs, this tran­sac­tion is a further expan­sion of our invol­vement in the IT services and soft­ware sector. This follows an invest­ment logic based on scaling, product depth and resi­li­ent busi­ness models.” 

Deut­sche Betei­li­gungs AG (DBAG), which has been listed on the stock exch­ange since 1985, is one of the most renow­ned private equity compa­nies in Germany. As an inves­tor and fund advi­sor, DBAG’s invest­ment focus has tradi­tio­nally been on medium-sized compa­nies with a focus on well-posi­­tio­­ned compa­nies with deve­lo­p­ment poten­tial, prima­rily in the DACH region. The sector focus is on produ­cers of indus­trial goods, indus­trial service provi­ders and Indus­try­Tech compa­nies — i.e. compa­nies whose products enable auto­ma­tion, robo­tics and digi­ta­liza­tion — as well as compa­nies from the IT services, soft­ware, health­care, envi­ron­ment, energy and infra­struc­ture sectors. DBAG has also been active in Italy since 2020 and has had its own office in Milan since 2021. Assets mana­ged or advi­sed by the DBAG Group amount to appro­xi­m­ately 2.6 billion euros. ELF Capi­tal comple­ments DBAG’s range of flexi­ble finan­cing solu­ti­ons for SMEs with private debt capital.