zvoove Expands Market Dominance with Acquisition of Nivel IV
Deal News | Aug 22, 2025 | PR Newswire Cision zvoove
zvoove, a leading provider of software and AI solutions for the temporary work, private security, and cleaning sectors in Europe, has announced its acquisition of Nivel IV, the prominent software provider for the temporary work sector in Spain. This acquisition, following zvoove's previous acquisition of Freematica, secures its position as a market leader in Spain, one of the most dynamic temporary work markets in Europe. Nivel IV, which supports over 200 companies with tailored solutions, will bring market expertise and innovative mindset to zvoove. The strategic acquisition highlights Spain's importance as a market due to its size, complexity, and relevance. zvoove aims to leverage local expertise combined with global scale to offer enhanced digital solutions, cementing its status as a significant player in Europe and Latin America. The integration of Nivel IV and Freematica into zvoove’s ecosystem is expected to provide Spanish temporary work agencies with advanced technology and innovative solutions, expanding their capabilities. zvoove's CEO, Oliver Muhr, underscores the significance of this acquisition in boosting the workforce that drives Europe. The company now boasts over 7,700 clients in Europe and Latin America, handling over 3 million workers and substantial annual payroll through their platform.
Sectors
- Software & IT Services
- Employment & Staffing
Geography
- Spain – Nivel IV is based in Spain, and the acquisition strengthens zvoove's market presence in this country.
- Germany – zvoove is headquartered in Munich, Germany, making it a key geography for the company.
- Europe – Both companies are heavily involved in the European market, with zvoove's expansions aiming to dominate the European staffing software market.
- Latin America – zvoove is extending its reach into Latin America as part of its growth strategy.
Industry
- Software & IT Services – The article discusses zvoove as a provider of software and AI solutions, and the acquisition of Nivel IV, a company specializing in software for the temporary work sector.
- Employment & Staffing – zvoove and Nivel IV both operate within the employment and staffing industry, providing crucial software solutions for temporary work agencies.
Financials
- 7,700 – The number of clients zvoove serves across Europe and Latin America following the acquisition.
- 825 – The number of employees zvoove has across 22 sites.
- 21 billion euros – The annual payroll managed through zvoove's platform.
- 3 million – The number of workers managed by zvoove's platform.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| zvoove | Acquirer | Company | A leading provider of software and AI solutions for temporary work, private security, and cleaning sectors. |
| Nivel IV | Target company | Company | Spain's leading provider of software solutions for the temporary work sector. |
| Oliver Muhr | CEO | Person | Chief Executive Officer of zvoove, commenting on the strategic importance of the acquisition. |
| José María Fernández Simón | Cofounder | Person | Cofounder of Nivel IV, commenting on the acquisition by zvoove. |
| Ricardo Rego Taboada | Cofounder | Person | Cofounder of Nivel IV, involved in the company's acquisition by zvoove. |
| Freematica | Acquired Company | Company | A company previously acquired by zvoove in 2024 to strengthen their presence in the temporary work market. |