As part of the acquisition, Five Arrows and DBAG will merge their existing portfolio company, Solvares, one of Germany’s leading providers of field management solutions, into the group. Following the transaction, the combined business will employ more than 800 people and serve over 4,000 customers across the UK, Europe, and Australasia.

Joseph Plank, Managing Director, Barings Global Private Finance Group, said “We are delighted to be partnering with Five Arrows and DBAG to support the next phase of growth for Totalmobile and Solvares, and we look forward to continuing our collaboration.”

Established in 1985, Totalmobile is a global leader in field service management (FSM) software, dedicated to improving the productivity and working experience for field-based teams. Its Field First platform enables organisations to streamline operations, enhance efficiency and achieve significant return on investment.

Formed in 2018 and headquartered in Germany, Solvares provides industry-leading software to help its customers plan, manage, and optimise their field service and maintenance, sales activities and transport logistics.

Media Contacts
Barings@secnewgate.co.uk / Mediarelations@barings.com

About Barings
Barings is a $481+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Learn more at Barings.com.

*As of December 31, 2025

About Five Arrows
Five Arrows is the alternative assets arm of Rothschild & Co and has over $35 billion in assets under management, with offices in Paris, London, New York, Los Angeles, San Francisco and Luxembourg.

With over $13 billion of assets under management, the corporate private equity business of Five Arrows is focused on investing in companies with strong management teams, business models with high visibility of organic unit volume growth and strong unit economics, and multiple operational levers that can be used to unlock latent value. Sectors are limited to data and software, technology-enabled business services, and healthcare.

About DBAG
DBAG has been listed since 1985 and is one of the most renowned private equity firms in Germany. As an investor and fund advisor, DBAG traditionally focuses on mid-market companies in Germany, Austria and Switzerland (the DACH region), and especially on well-positioned companies offering growth potential. DBAG’s sector focus is on manufacturers, industrial service providers and IndustryTech enterprises – businesses whose products facilitate automation, robotics and digitalisation – as well as on companies from the IT services, software, healthcare, and environment, energy and infrastructure sectors. DBAG Group’s assets under management or advisory amount to approximately 2.6 billion euros.

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