- Nord’s investment is aimed to strengthen LivEye’s market position and accelerate the company’s growth
- The management team remains in place
- Nord Small Cap Fund has a target volume of €125 million
Nord Holding announced that it has acquired a majority stake in LivEye Group, Germany’s fourth largest provider for the temporary monitoring of risk zones with mobile video surveillance systems. This is the first acquisition of Nord’s new Small Cap Fund, which has a target volume of €125 million.
LivEye, headquartered in Foehren, offers camera systems for documentation purposes, surveillance systems for early fire detection, sensor technology and software for monitoring of risk areas.
Nord Holding is a private equity firm based in Frankfurt. It invests in mid-sized companies in German speaking countries. It looks to invest in companies that generate between €20 million and €500 million in revenues with an EBITDA of between €5 million and €15 million. Equity investments range from €25 million up to €50 million per company.