eyevis, a global supplier of large screen systems has been acquired by Frankfurt-based private equity fund Brockhaus Private Equity. Financing for the transaction was provided by Brockhaus Private Equity II.
eyevis, a leading global supplier of large screen systems for control rooms, monitoring centres, information, communica-tion, simulation and virtual reality â€“ announces the signing of an ownership change agreement. The new majority shareholder will be the Frankfurt-based private equity fund Brockhaus Private Equity. The change in the ownership structure provides eyevis with a secure succession arrangement as well as first-rate prospects for further international growth. Financing for this transaction is being provided by â€˜Brockhaus Private Equity IIâ€™, a fund specially focused on medium-sized growth companies. All current eyevis shareholders will remain closely associated with the company. In particular, Heiko Schaich, one of the two incumbent managing directors and the companyâ€™s â€˜technological mastermindâ€™, will continue in his dual role as a shareholder and a managing director committed to securing the companyâ€™s technological edge. The changes are aimed at providing eyevis with an ideal succession arrangement and, in doing so, enabling the company to continue its successful growth strategy with a view to further business development and expansion. â€˜The eyevis succession arrangement is an outstanding achievement that gives us a perfect framework for the continuation of our long-term growth strategy. Brockhaus Private Equity is an ideal partner for us, because this fund is familiar with the culture of medium-sized firms and has already assisted numerous medium-sized technology companies in their successful bid for global expansionâ€™, says Michael Schuster, foun-der and outgoing CEO of eyevis. â€˜I greatly look forward to my future responsibilities and to joining eyevisâ€™s proven teamâ€™, comments eyevisâ€™s new CEO, Michael W. Nagel. â€˜The company has evolved superbly over the last few years and offers outstanding growth prospects. Based on my wide-ranging international sales experience, I will help to ensure that the eyevis success story now moves on to the next levelâ€™, adds Nagel. â€˜In committing ourselves to eyevis, we have certainly made the right choice. The com-pany offers excellent growth prospects â€“ not least as a result of the tremendous op-portunities on the international marketsâ€™, explains Marco Brockhaus, founder and managing director of Brockhaus Private Equity. â€˜We are particularly pleased with the fact that, mindful of the outstanding opportunities that lie ahead, the founders will re-main closely linked to their company in the futureâ€™, adds Jan-Daniel Neumann, manag-ing director of Brockhaus Private Equity. On eyevis eyevis Gesellschaft fÃ¼r Projektions- und GroÃŸbildtechnik mbH is a leading manufac-turer of large screen systems for control rooms, monitoring centres, information, communication, simulation and virtual reality. Founded in 2001, the company has 100 employees and offers a full range of products and services for the highest requirements. Customers are to be found primarily in industries such as Traffic/Transport, Energy/Public Utilities, Security/Military/Emergency Services, Telecommunication/Data Centres, AV/Digital Signage/Broadcasting as well as in Virtual Reality/Simulation. On Brockhaus Private Equity Brockhaus Private Equity (www.brockhaus-pe.com) is an independent private equity firm launched in 2000 and based in Frankfurt. The firm manages two funds with a total volume of more than EUR 175 million on behalf of institutional investors. Brockhaus Private Equity has a strong track-record for buy-outs and growth financings in Ger-many and other European countries. The investment focus is on medium-sized Ger-man technology leaders.Get your FREE trial or subscribe now to Buyouts to find new deal opportunities, super-charge your fundraising efforts and track top managers.