Oslo, 12 November 2026 – Milient Software continues its European expansion with the acquisition of YVI Application Family (YVI), the Dutch company behind the project management platform IVY. The acquisition strengthens Milient's position in the Dutch market and marks another important step towards becoming Europe's leading provider of project management solutions. It also gives architects, engineers and consultants even more powerful tools to run their projects efficiently. Following the acquisition, Milient will have 150 employees, annual recurring revenue of NOK 240 million (EUR 23 million) and strong profitability.
“This is fully aligned with Milient's growth strategy. Following our acquisitions of Flo10 and Cubic Interactive in the UK and OOTI in France, YVI gives us a strong local presence in the Netherlands from day one. With YVI on board, we gain loyal customers, a product they genuinely like using, and a team that knows architecture and engineering firms inside out,” says Lars Owe Berge Nyland, CEO of Milient Software.YVI’s solution, which brings CRM, projects, planning, time registration, invoicing and reporting together in one cloud platform, becomes part of Milient's product portfolio. Together, Milient and YVI will serve around 3,000 customers across Europe.
Yvonne van Nierop, who has led YVI as CEO since 2004, has decided to step away following the acquisition. Alex Pier, CFO, and Rolán van Melis, COO, will continue their journey with Milient and ensure continuity and a smooth transition for customers and employees.
“For more than 30 years, we have built our software hand in hand with our customers. Joining forces with Milient opens up opportunities for our clients and team that we could never have achieved alone. I couldn’t have hoped for a better home to write our next chapter,” says van Nierop.
“For YVI's customers, nothing changes in the way they work: same product, same contracts, same team. What they gain is the backing of a larger organisation that develops Europe’s leading software for project-based firms. That means access to better and more innovative solutions that make their workday easier,” says Nyland.
Lars Owe Berge Nyland, CEO Milient Software – lars.nyland@milientsoftware.com - +47 934 24 200
Erik Syrén, Chairman of the Board Milient Software - erik.syren@monterro.com - +46 70 738 50 72