NORD Holding Small Cap acquires a stake in LivEye Group
22.09.2022
Frankfurt-based NORD Holding Small Cap ("NSC") acquires a majority stake in LivEye Group headquartered in Foehren, Rhineland-Palatinate, as part of an owner buy-out. The management team around Carsten Simons and the founder Marc Thurn remains involved and will continue to manage the group operationally in the future. NSC's investment is intended to further strengthen the market position of the company and accelerate its dynamic growth. LivEye is the first portfolio company of the new Small Cap Fund of NORD Holding. Financial details of the transaction will not be disclosed.
LivEye is a leading provider for the temporary monitoring of risk zones with mobile video surveillance systems. With currently around 800 video towers, its own 24/7 alarm center and over 50 employees, LivEye is the fourth largest provider in Germany. In addition to mobile video surveillance solutions, LivEye offers camera systems for documentation purposes, surveillance systems for early fire detection, sensor technology and software for monitoring of risk areas. Currently, more than 200 customers in Germany, Poland, Austria, Luxembourg and Switzerland are protected in compliance with data protection laws. Due to the long range camera technology used as well as the use of self-sufficient solutions independent from local energy sources, LivEye Group particularly specializes in the surveillance of large outdoor areas, such as construction sites, solar and wind parks, commercial or event areas.
Together with NSC, the company plans to accelerate its successful growth story and to develop additional digital use cases based on the technology applied. Marc Thurn, founder and CEO of LivEye, states: "We are very much looking forward to working with NORD Holding. We share an entrepreneurial philosophy and our vision for LivEye Group." Carsten Simons adds "The NORD Holding Small Cap team has vast experience in supporting digital, scalable growth companies. We can benefit from this experience and continue our successful growth path together with a strong partner."
Jan Markus Drees, Partner at NORD Holding Small Cap: "I am delighted to welcome LivEye as a leading player in an attractive niche market as the first portfolio company for our fund." Maximilian Finkbeiner, Investment Manager at NSC, looks forward to the cooperation: "Since its foundation, LivEye has shown impressive dynamics and performance. An ideal basis for further growth boosted by the megatrend connectivity."
About NORD Holding Small Cap
With its 50-year history and assets under management of € 2.5 billion, NORD Holding is one of the leading private equity companies in Germany. Since 2022, NORD Holding has a dedicated Small Cap Fund with a target volume of € 125 million, which is advised by an experienced investment team based in Frankfurt am Main. NSC invests in established medium-sized companies that have or can achieve a relevant market position through the support of NORD Holding. Unlike most other financial investors, NSC does not follow a generalistic approach, but invests focusing on four megatrends - Connectivity, Mobility, Resource Conservation and Ageing Society
The focus of the direct business is on the structuring and financing of corporate succession models, the acquisition of group divisions/subsidiaries and the expansion financing of medium-sized companies. In contrast to most other financial investors, which only manage funds with a limited term, NORD Holding acts as a so-called "evergreen fund" with no term restrictions and invests from its own balance sheet.
The company is currently involved in more than 15 companies in Germany and other German-speaking countries.The Fund Investments division targets the small-cap segment of the European private equity market and focuses on primary, secondary and co-investments. NORD Holding concentrates strongly on buyout managers newly established on the market, operational investment strategies and regularly acts as an anchor investor.
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