Alstom has agreed to buy Nomad Holdings, commercially known as Nomad Digital. The sellers include Amadeus Capital Partners, SEB Venture Capital and Deutsche Telekom Strategic Investments together with other investors. Financial terms weren’t announced. Nomad, of the U.K., provides passenger and fleet connectivity solutions to the rail industry.
Alstom to acquire Nomad Digital, world’s leading provider of connectivity solutions to the railway industry
(Newcastle upon Tyne, 21 December 2016) Alstom has signed a purchase agreement for the acquisition of Nomad Holdings, commercially known as Nomad Digital, from Amadeus Capital Partners, SEB Venture Capital and Deutsche Telekom Strategic Investments together with other investors.
Nomad is the world’s leading provider of passenger and fleet connectivity solutions to the rail industry, employs around 230 people, and is headquartered in Newcastle, with 13 offices worldwide, principally in the UK, Netherlands, Germany, Portugal, Canada, Australia, and the United States.
Nomad Digital offers a broad portfolio of applications and ICT solutions to train operators that both enhances the passenger experience, while improving the operational efficiency, reliability and availability of their fleets.
Alstom and Nomad share a vision to make the Digital Train a reality, and Alstom’s heritage and pedigree in train manufacturing enables Nomad to accelerate the delivery of that vision. Nomad brings complementary leading edge products and solutions, and with a strong global customer footprint, will help accelerate Alstom’s own development of the Digital Train.
Andrew Taylor, Group CEO of Nomad said:
“Alstom’s acquisition of Nomad is fabulous news for our staff, our customers and our partners around the world. The Nomad team is joining a truly great company with a common culture of innovation, and values-based approach to doing business in the rail sector. From day-1 we will have a joined-up strategy and vision around the realisation of the ‘Digital Train’. We look forward in the weeks and months ahead to strengthening our capabilities in this domain, and ensuring that we maintain our focus on delivering innovative solutions and services to both our current and new customers around the world”.
Anne Glover, CEO of Amadeus Capital Partners, commented:
“Amadeus Capital Partners first invested in Nomad Digital in 2006 as we foresaw the increasing demand from rail passengers for better internet connectivity during journeys. We are delighted that a major rail company has recognised the value of Nomad’s visionary strategy, which has expanded to the fully ‘connected train’, and the global footprint they have achieved.”
The transaction is forecast to complete in early-January 2017, at which time Nomad Holdings Limited will become a wholly owned subsidiary of Alstom, and will be reported within Alstom Digital Mobility. Alstom will begin integrating Nomad Digital into its own group from that time onwards, whilst ensuring that Nomad Holdings operates as a wholly-owned subsidiary, retaining its well-known brand and independent identity. Financial terms of the deal were not disclosed.
About Nomad Digital Group
Nomad Digital, founded in 2002 in the United Kingdom, is the world’s leading provider of passenger and fleet connectivity solutions to the railway industry. It offers a broad solution portfolio to train operators that both enhances the passenger experience and delivers improved operational efficiency of fleets.
Founded in 2002 in the United Kingdom, the company remains an innovative market leader, providing products, services, and solutions – directly or indirectly – to more than 80 major global customers – in more than 40 countries – including train builders such as Alstom, Bombardier and Hitachi, and leading train operating companies, such as ÖBB, Amtrak, Via Rail, Eurostar, GWR, NS, NSB, PKP, Queensland Rail, and Virgin.
Nomad’s technology is used by 1.7 billion passengers annually, with solutions on more than 100 fleets, across more than 17,000 vehicles, with 36,000 PIS screens. Its systems carry more than seven million WiFi sessions monthly and covers 50,000 miles of track annually. In the UK, Nomad’s passenger WiFi services are deployed on 75% of all WiFi connected trains and its position as a global player is borne out by almost 50% market share of connected (WiFi enabled) vehicles in the international heavy rail sector.
About Amadeus Capital Partners
Amadeus Capital Partners is a global technology investor. Since its inception in 1997, the firm has raised over $1bn for investment and backed more than 100 companies in the software, mobile, internet, cyber security and medical technology sectors. The investment team is based in India, South Africa, UK and USA, has deep experience in technology and invests in high-growth companies from early stage to pre-IPO.
For more information on Amadeus Capital Partners
Emma Thorpe – Communications Advisor to Amadeus Capital Partners – +44 790 997 4958
As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the railway sector. Alstom manages the widest range of solutions in the market – from high-speed trains to metros and tramways – customised services (maintenance, modernisation,…) and infrastructure and signalling solutions. Alstom is a world leader in integrated railway systems. It recorded sales of €6.9 billion and booked €10.6 billion of orders in the 2015/16 fiscal year. Headquartered in France, Alstom is present in over 60 countries and employs 31,000 people today.