EMERAM Capital Partners GmbH
Private Equity Fund EMERAM invests in Xovis AG, a leading Swiss provider of Person Tracking Technology
DGAP-Media / 03.08.2016 / 08:00
Press Release
Private Equity Fund EMERAM invests in Xovis AG, a leading Swiss provider of
Person Tracking Technology
Munich, 03 August 2016 - Funds advised by the Munich-based Private Equity
firm EMERAM Capital Partners GmbH ("EMERAM") invested jointly with the
management team in Xovis AG ("Xovis") to further support Xovis' growth
strategy. The parties agreed not to disclose the purchase price.
Press Release
Private Equity Fund EMERAM invests in Xovis AG, a leading Swiss provider of
Person Tracking Technology
Munich, 03 August 2016 - Funds advised by the Munich-based Private Equity
firm EMERAM Capital Partners GmbH ("EMERAM") invested jointly with the
management team in Xovis AG ("Xovis") to further support Xovis' growth
strategy. The parties agreed not to disclose the purchase price.
Xovis manufactures and develops tracking sensors and measurement tools, as
well as analysis software and stands for guaranteed Swiss-engineered
quality. The company provides the airport industry's leading system for
passenger tracking, flow measurement and analysis. In addition, a
comprehensive 3D Optical High Resolution Sensor portfolio is available for
retail and industry customers (such as transportation, building management
and security) for person tracking and counting applications with unmatched
precision. On top of the sensor system, Xovis develops software solutions
for the management of airports and retail companies targeting specific
needs of different customers.
David Studer, co-founder and CEO of Xovis AG, said: "Since 2008 we have
developed Xovis to a leading provider for person tracking technology,
currently serving the airport and retail markets. My co-founders, the
management and I are very pleased to collaborate with EMERAM, the perfect
partner to support our growth strategy. Our goal is to strengthen the
existing business units and to establish Xovis as a worldwide leader in
different markets and business areas. EMERAM offers broad experience and
expertise in company scaling, provides us with access to a valuable network
and shares our spirit and dedication for what we are doing."
Volker Schmidt, Founding Partner of EMERAM Capital Partners commented:
"Given the increasing importance of passenger satisfaction in the fast-
growing airport market and the growing demand for KPI-based management in
retail, Xovis is active in a future market with great growth potential. The
unmatched sensor precision and the comprehensive sensor and system
portfolio developed by Xovis open up diverse expansion opportunities into
further international markets, industry segments and areas of application.
We are looking forward to exploiting these opportunities in partnership
with the Xovis management."
The equity for this transaction was provided by EMERAM Private Equity Fund
I and the Xovis management team. EMERAM Capital Partners was advised by
Schellenberg Wittmer (legal), Alvarez & Marsal (financial), Estin & Co
well as analysis software and stands for guaranteed Swiss-engineered
quality. The company provides the airport industry's leading system for
passenger tracking, flow measurement and analysis. In addition, a
comprehensive 3D Optical High Resolution Sensor portfolio is available for
retail and industry customers (such as transportation, building management
and security) for person tracking and counting applications with unmatched
precision. On top of the sensor system, Xovis develops software solutions
for the management of airports and retail companies targeting specific
needs of different customers.
David Studer, co-founder and CEO of Xovis AG, said: "Since 2008 we have
developed Xovis to a leading provider for person tracking technology,
currently serving the airport and retail markets. My co-founders, the
management and I are very pleased to collaborate with EMERAM, the perfect
partner to support our growth strategy. Our goal is to strengthen the
existing business units and to establish Xovis as a worldwide leader in
different markets and business areas. EMERAM offers broad experience and
expertise in company scaling, provides us with access to a valuable network
and shares our spirit and dedication for what we are doing."
Volker Schmidt, Founding Partner of EMERAM Capital Partners commented:
"Given the increasing importance of passenger satisfaction in the fast-
growing airport market and the growing demand for KPI-based management in
retail, Xovis is active in a future market with great growth potential. The
unmatched sensor precision and the comprehensive sensor and system
portfolio developed by Xovis open up diverse expansion opportunities into
further international markets, industry segments and areas of application.
We are looking forward to exploiting these opportunities in partnership
with the Xovis management."
The equity for this transaction was provided by EMERAM Private Equity Fund
I and the Xovis management team. EMERAM Capital Partners was advised by
Schellenberg Wittmer (legal), Alvarez & Marsal (financial), Estin & Co