Livingstone Advised the Shareholders of Viewport.ai on the Sale to Assai Software Services, a Portfolio Company of Vortex Capital Partners
Livingstone is pleased to announce that its Benelux team acted as M&A advisor in the sale of Viewport.ai to Assai Software Services (Assai), a portfolio company of Vortex Capital Partners. The terms of the transaction were not disclosed.
Viewport.ai, based in Amsterdam, Netherlands, delivers an innovative software solution that empowers organizations to manage and share sensitive asset data for users and systems. Viewport.ai enhances data quality, identifies safety hazards, and provides instant access to accurate, up-to-date asset information. By leveraging AI-driven algorithms, the company helps organizations reduce risks, ensure compliance, and achieve operational excellence, all while enabling greater control over technical asset data.
Assai Software Services, based in Culemborg, Netherlands, with offices in the United States, Malaysia, and the United Arab Emirates, develops, maintains, and supports Assai DMS, a SaaS integrated document control and management system for engineers, document controllers, planners, and managers. It is designed to meet the requirements of heavy asset industries, such as Energy, Construction, and Utilities. Assai DMS provides a centralized source of information and comprehensive control for engineering projects and operations. It aims to provide efficiency, reduce errors and optimize workflows.
Assai and Viewport.ai will unite their technologies to deliver an innovative suite of solutions addressing key challenges in the market. These solutions aim to tackle growing data volumes, improve cross-team collaboration, and enable organizations to scale operations efficiently as their projects grow in complexity.
“With Viewport.ai joining the Assai family, we are positioned to offer an unparalleled solution that simplifies engineering data management and control for our customers worldwide,” said Ludo Hertroijs, CEO of Assai.
