Aqqo takes over LVP
Deurningen, 5 september 2024 – Aqqo is proud to announce the acquisition of LVP, a renowned software supplier that has been offering systems for the management of sports facilities and social accommodations since 1988.
Both Aqqo and LVP provide software that supports municipalities and other location managers in efficiently managing rental administration, finances and building automation. With this strategic acquisition, they will jointly become market leaders in the field of location management software within the municipal market, with more than 100 affiliated municipalities in the Netherlands.
Experience with top 10 municipalities
Jop Hofste, co-founder of Aqqo, explains why this acquisition is so important: “LVP has a long history and built a strong reputation in large municipalities such as Amsterdam and Utrecht. With LVP's years of experience and customer network, we not only strengthen our market position, but we can also offer even more value to our existing customers.”
LVP started as Compudienst in the late 1980s and quickly grew into a pioneer in the field of accommodation management with the AMIS software package. Annet Miedema, former owner of LVP, proudly talks about the company's development: “We have always wanted to be at the forefront by constantly innovating and adapting to the needs of our customers. Merging our expertise with that of Aqqo feels like a natural next step to serve our customer base even better.
Innovation and efficiency
Aqqo, founded in 2018 by Jop Hofste and Bas Heuvelmans, has quickly proven itself as an important player with a robust and scalable SaaS solution that serves more than 1,200 locations in the Netherlands and Belgium. Bas Heuvelmans, explains: “Thanks to Jop's background in IT and my experience in accountancy, we at Aqqo have been able to combine technical and financial expertise from the start to fully automate administrative processes.”
This financial expertise has led to Aqqo Finance, a solution that automatically synchronizes financial data with accounting packages, improving accuracy and efficiency in financial processes.
Heuvelmans continues: “The synergy between Aqqo's software and our customers' financial administrations is an important driver behind our success. With now 30 colleagues, we work every day to translate our vision into reliable solutions for the more than 2,000 locations that we jointly serve since the takeover.”
Confidence in the future
Miedema sees the takeover as a positive development for both customers and employees: “After a career of almost 40 years at LVP, I have found the ideal party in Aqqo to guarantee continuity for our customers and employees. As a specialist, Aqqo knows all the ins-and-outs of accommodation reservations, making it the perfect acquisition partner for our customer base. By joining forces, the combination of Aqqo and LVP will be the absolute top in accommodation rental. I hand over the leadership with great confidence to a new, enthusiastic generation.”
Jop Hofste agrees and looks ahead: “We are extremely grateful for the trust Annet has placed in us by transferring LVP. We look forward to combining the expertise of both teams and together we continue to build the best location management product on the market. The collaboration feels natural because our cultures and core values align well. We look forward to further innovating together with the LVP team.”
Stronger together
By combining Aqqo's customer-oriented approach with LVP's decades of experience, both companies strengthen their position in the market. Both parties have proven to be successful in tenders for both small and large municipalities, which underlines the value and reliability of their joint offering.
For existing customers of LVP, this acquisition means that they can count on the trusted continuity of service, with the added value of Aqqo's expertise and innovative strength.