Lyvia Group

About Lyvia Group

Lyvia Group is a serial vertical-software acquirer headquartered in Stockholm, created in 2022 by merging several portfolio companies of Esmaeilzadeh Holding (Mirovia, Äleven, Eitrium, Crutiq, Kaperia). The firm operates as Lyvia Group AB and is majority-owned by Esmaeilzadeh Holding AB, running as an operating group rather than a fund with approximately SEK 2.1 billion of net revenue and 50 plus offices and 1,200 plus staff. Lyvia bought 40 plus companies within three years of formation.

Investment thesis

Lyvia Group deploys permanent capital through a single corporate group structure (not a fund), targeting vertical-software buy-and-build by acquiring entrepreneur-led, business-critical B2B software and expert-services companies and holding them long term, with a second pillar in marketing and technology services. Sector focus spans business-critical and vertical SaaS, IT service management, learning management systems, public-sector and social-development software, digital self-service and marketing technology. Geographic deployment spans Europe including Sweden, Norway, Belgium, Netherlands and UK. The platform runs acquired companies as a permanent-capital universe of brands.

Recent activity

As a permanent-hold acquirer, Lyvia Group does not exit assets. Recent acquisitions include IT service management and productivity software (2024), digital self-service software (2024), learning management software for regulated industries (2024) and public and social-sector SaaS (2025). The platform continues active acquisition across the vertical-software buy-and-build mandate. Detailed buyer names and multiple data available on Pro at €29/month.