Netherlands-based Aqqo, a provider of venue management software, has announced its acquisition of LVP, a Dutch software firm specializing in managing sports facilities and community venues. LVP, established in 1988, has a long-standing relationship with various Dutch municipalities. This acquisition aims to merge the expertise of both companies to better serve their clients and improve their market position.
LVP has evolved significantly since its inception as Lambert Venture Promotion BV, transitioning from consultancy to a software house with a focus on sports facilities management. The company pioneered microcomputer networks and introduced a client/server system using Java, which facilitated the advent of SaaS services. In 1997, AMIS was formalized under Compudienst/LVP by Annet Miedema, who took over full-time leadership in 2005. This journey contrasts with the more recent establishment of Aqqo in 2018, highlighting LVP’s extensive experience in the field.
Both companies have demonstrated a commitment to innovation and customer-centric solutions. While LVP has catered to major municipalities such as Amsterdam and Utrecht, Aqqo has expanded rapidly to serve over 1,100 locations in the Netherlands and Belgium. This partnership aims to combine their strengths to offer more comprehensive and efficient venue management solutions.
Strategic Vision of the Acquisition
The aim of this acquisition is to solidify Aqqo and LVP’s position as leaders in the venue management software market for municipally managed sports accommodations. Currently, they jointly serve over 100 municipalities. The integration of LVP’s strong client network and reputation is expected to strengthen Aqqo’s market position.
“LVP has built a strong reputation with major municipalities such as Amsterdam and Utrecht. With LVP’s experience and client network, we are strengthening our market position and can offer even more value to our existing customers,” stated Jop Hofste, co-founder of Aqqo.
The combined expertise of both teams will enable the development of advanced software solutions, potentially increasing their competitiveness in government tenders. Existing LVP customers are likely to benefit from enhanced services through Aqqo’s capabilities.
Background of Aqqo
Aqqo, founded in 2018 by Jop Hofste and Bas Heuvelmans, specializes in venue management software aimed at optimizing and integrating processes for seamless operations. The company offers SaaS solutions across more than 1,100 locations in the Netherlands and Belgium, focusing on innovation, collaboration, and customer service.
“By combining our technical and financial expertise we can fully automate administrative processes. Aqqo Finance, our financial integration solution, automatically synchronises data with accounting systems, improving accuracy and efficiency,” said Bas Heuvelmans.
The acquisition of LVP represents a strategic move to ensure the continuity and enhancement of services for both companies’ customers. This partnership is expected to lead to better service delivery and improved operational efficiency in managing municipally controlled venues.
