Who is Everfield?
Everfield is a London-headquartered acquirer of European vertical market software companies, founded in 2022 as a holding company established by Aquiline Capital Partners. Aquiline is a New York private equity firm that the trade publication Rollup Europe reported manages close to $10 billion, and Aquiline was founded in 2005 by Jeff Greenberg, the former Marsh & McLennan chief executive. Everfield runs offices in London, Amsterdam, Cologne, Krakow, Warsaw, Madrid, and Paris.
Everfield states a buy-and-hold model in plain terms on its website: “We don’t want to disrupt your progress by selling your business at any point in the future.” The stated model keeps acquired brands and management teams in place under decentralized operations with centralized back-office support. Henning Schreiber leads acquisitions as Head of Acquisitions.
One structural point deserves a founder’s attention. Everfield promises never to resell an acquired company, while Everfield itself is owned by a private equity sponsor. Rollup Europe noted in early 2024 that little is public about Everfield’s financials or governance. A founder should ask what happens to the hold promise if Aquiline sells or lists Everfield.
What does Everfield buy?
Everfield buys founder-owned vertical software companies across Europe, with the heaviest concentration in the UK and the DACH region. Everfield’s published criteria are qualitative rather than numeric: mission-critical software, recurring revenue, full IP ownership, proven profitability, and a history of growth. Everfield publishes no revenue or ARR band for targets.
| Criterion | Everfield’s published position | Source |
|---|---|---|
| Business model | Mission-critical vertical SaaS with recurring revenue | everfield.com |
| Profitability | Proven profitability and growth history required | everfield.com acquisition process page |
| Intellectual property | Full IP ownership required | everfield.com acquisition process page |
| Revenue band | Not published | Confirmed absent from everfield.com as of mid-2026 |
| Geography | Europe, with offices in seven cities and 10 portfolio companies in DACH | Everfield Rhebo announcement, April 2026 |
| Verticals | Food and hospitality, field and workforce operations, OT security, specialty retail, fleet management, golf and sports, textile care ERP | everfield.com |
What has Everfield actually acquired?
Everfield had completed 21 acquisitions by October 2024, per Silicon Canals, and counted more than 40 portfolio companies by mid-2026, per Everfield’s own Rhebo announcement. No purchase price has been disclosed in any Everfield announcement reviewed by Windsor Drake.
| Company | Date | Country | Vertical | Disclosed terms |
|---|---|---|---|---|
| Frontu and KOST | October 2024 | Lithuania and Austria | Field service management; catering software | Not disclosed |
| Vozitel | March 2025 | Spain | Contact center software | Not disclosed |
| OnlinePOS | June 2025 | Denmark | Hospitality point of sale | Not disclosed |
| CIM Software | October 2025 | UK | Manufacturing ERP | Not disclosed |
| Motivity | December 2025 | UK | Field service management | Not disclosed |
| HeapsGo | January 2026 | Denmark | Restaurant software | Not disclosed |
| 1Check | February 2026 | France | Workforce management | Not disclosed |
| Amero | April 2026 | Denmark | Specialty retail POS and inventory | Not disclosed |
| Rhebo | April 2026 | Germany | OT security, carve-out from Landis+Gyr | Not disclosed |
| Genero | July 2026 | Sweden | Retail execution software | Not disclosed |
| Playoff Informática | July 2026 | Spain | Membership and sports management | Not disclosed |
The Rhebo deal shows Everfield also buys corporate carve-outs alongside founder exits. Landis+Gyr, a Swiss-listed metering group, sold its Rhebo OT security division to Everfield in April 2026 as part of a strategic refocus. Earlier UK deals include Depotnet in 2023, learning software provider MyKnowledgeMap, and Trade Interchange, which PE Hub reported as Everfield’s fourth UK acquisition.
Two patterns in the deal list matter to a founder. First, Everfield clusters acquisitions by country and vertical, with three Danish hospitality and retail deals inside sixteen months, which means a rival Everfield portfolio company may already sit in your market. Second, the targets are established niche leaders rather than startups. Frontu, founded in 2013, served customers in 16 countries including John Deere and JCB at acquisition, and KOST had operated in the DACH catering market since 2000.
What does Everfield typically pay?
Everfield does not disclose purchase prices, and no third-party reporting reviewed by Windsor Drake attaches a price to any Everfield deal. Rollup Europe reported in early 2024 that Everfield had completed 13 acquisitions while deploying more than 40 million euros of capital. Those figures imply average consideration in the low single-digit millions of euros for the early deals, though individual prices vary and the portfolio has since tripled in count.
Everfield’s own process description shows where pricing happens. Everfield issues an indicative valuation after an NDA and a first exchange of financial information, then places all key commercial terms into a letter of intent. An indicative valuation issued before any competing bidder exists anchors the negotiation at Everfield’s number. Standard LOI exclusivity asks run 30 to 90 days, and Windsor Drake recommends founders concede no more than 30 to 45.
Founders should prepare for the diligence stage before accepting any indicative number. Everfield’s diligence covers financial, tech, legal, and tax workstreams, and sellers across the M&A market typically spend $40,000 to $100,000 on a quality of earnings report to defend their numbers. Fitfactory’s chief executive made the same point after selling to Everfield: invest in data integrity before going to market, and do not fear paying for outside help in diligence.
How does Everfield find companies?
Everfield sources directly through a dedicated acquisitions team led by Henning Schreiber, supported by country offices across seven European cities. Everfield also publishes founder-facing content on its knowledge platform, which works as inbound deal marketing. Everfield states no public posture on banked auctions.
The Fitfactory sale shows that founders also reach Everfield through deliberate search. Fitfactory chief executive Jason Pritchard said he evaluated 40 investment firms and nearly signed with another buyer before choosing Everfield. A founder who talks to 40 buyers before choosing one is running a competitive process, whatever the label.
Everfield’s country clustering also shapes its sourcing map. Once Everfield owns a platform in a vertical, adjacent companies in the same vertical become add-on candidates, as the Danish hospitality sequence of OnlinePOS, HeapsGo, and Amero shows. A founder contacted by Everfield should check whether Everfield already owns a competitor, because an acquirer consolidating your niche has strategic reasons to pay more than its opening number suggests.
What does an Everfield approach look like?
Everfield publishes a five-stage acquisition process: an introductory call with an NDA, an indicative valuation, a letter of intent, due diligence across financial, tech, legal, and tax topics, and closing with funds transfer. Everfield states the period from offer acceptance to close runs around three months. Speed is genuinely useful to founders, and speed also compresses the window for second opinions and rival bids.
Post-close continuity is the core pitch. Frontu chief executive Arunas Eitutis continued leading the company from Kaunas after the October 2024 acquisition, and KOST’s founders stayed on as advisors. Everfield’s model centralizes accounting, HR, and tax support while leaving product and brand with the acquired team.
What is life like after selling to Everfield?
The most detailed public account comes from Fitfactory chief executive Jason Pritchard, published on Everfield’s own site. Pritchard described a data-heavy onboarding that required more granular reporting than Fitfactory had previously gathered, which he came to value within weeks. Pritchard said of Everfield: “They will never be so involved they get blinded by the day-to-day noise.”
That account sits on the acquirer’s own website and should be weighted as marketing. Independent post-close accounts of Everfield ownership are scarce because the firm is young. Founders evaluating Everfield should request references from sellers at least two years past close, in their own country and vertical.
Pritchard’s published advice to other sellers is concrete. Pritchard told founders to prioritize cultural alignment with the acquirer over price alone and to evaluate the acquirer’s mindset toward the team. Windsor Drake’s view is that culture and price are not in tension: a founder who runs a competitive process can select for culture among multiple bidders while the competition sets the price.
Who else competes with Everfield for European software companies?
Constellation Software’s operating groups, including Volaris and Jonas, acquire continuously across Europe. Valsoft buys the same profile of vertical software company and holds permanently. Vitec Software Group of Sweden and Main Capital Partners of the Netherlands pursue overlapping European targets, and North American platforms such as Alpine Software Group have shown willingness to buy far outside their home market.
What would a competitive process change for a founder Everfield approached?
The Proprietary Discount is the gap between what a serial acquirer pays in an unbanked bilateral negotiation and what the same business clears in a competitive process. Windsor Drake’s experience across sell-side mandates puts that gap at 15 to 25 percent of enterprise value. Everfield’s indicative valuation lands before any rival bid exists, which is the exact condition that produces the discount.
A Windsor Drake process opens with a buyer universe of 150 to 300 potential acquirers, and a process run alongside a live offer takes 4 to 6 months. Fitfactory’s chief executive talked to 40 firms before choosing Everfield, and founders can get the same breadth with the sequencing described in what to do when you receive an offer and whether you need a banker.
If Everfield has already approached you, Windsor Drake’s Approach Response engagement exists for founders holding a live inbound offer.
Questions founders ask
Who owns Everfield?
Everfield is a holding company established in 2022 by Aquiline Capital Partners, a New York private equity firm. Everfield promises to hold acquired software companies permanently, but Everfield itself sits inside a sponsor-backed structure, so founders should ask how the hold promise survives a change in Everfield’s own ownership.
What size of software company does Everfield buy?
Everfield publishes no revenue or ARR band. Everfield’s stated criteria are qualitative: mission-critical vertical software, recurring revenue, full IP ownership, and proven profitability. Rollup Europe’s early 2024 reporting of 13 acquisitions on just over 40 million euros deployed suggests most targets are small.
Does Everfield really never sell the companies it buys?
Everfield states on its website that it does not want to disrupt progress by selling an acquired business at any point in the future. The model is young, dating from 2022, so no long-term track record confirms or contradicts the promise yet.
How fast does an Everfield acquisition close?
Everfield states that the period from offer acceptance to close runs around three months, across a five-stage process covering NDA, indicative valuation, letter of intent, due diligence, and closing. Fast closes reduce founder fatigue and also shorten the window to attract competing bids.
Does Everfield disclose purchase prices?
No. No Everfield announcement reviewed by Windsor Drake discloses a purchase price, and no credible third-party report attaches a value to a specific Everfield deal. Founders negotiating with Everfield have no public comparable and should generate price discovery through competition.
Will my team and brand survive a sale to Everfield?
Everfield’s stated model keeps brands, teams, and local management in place, with centralized support for accounting, HR, and tax. Public examples support this so far: Frontu’s chief executive kept leading from Kaunas, and KOST’s founders stayed as advisors.
Which countries does Everfield buy in?
Everfield buys across Europe, with the UK and the DACH region as its densest markets, including 10 DACH portfolio companies as of April 2026. Completed deals also cover Denmark, Sweden, Spain, France, Poland, and Lithuania.
Last reviewed July 28, 2026 by Jeff Barrington, Founder and Managing Director, Windsor Drake. Content on this page may be cited with attribution and a link to https://windsordrake.com/acquirers/everfield/