Presentation
Vitaprotech is a leading electronic security player providing a full suite of coherent and complex software and hardware solutions focusing on medium to high security sites (including regulated and sensitive sites).
Vitaprotech operates within 3 complementary Business Units including (i) Access Control, through management and supervision platforms enabling to monitor access to a site in a highly secured way, (ii) Perimeter Intrusion detection systems and (iii) Intelligent Monitoring / Smart Video thanks to a portfolio of advanced software solutions (remote monitoring, video analytics, hypervision).
The group relies on more than 500 employees, of which 120 are dedicated to R&D. This strong focus on R&D enables the group to be at the forefront of innovation and technology development.
*as of December 31st
Why did we invest?
Vitaprotech operates in the large and growing equipment and solution development electronic security market for B2B customers and benefits from a strong positioning on its high-end, highly secured niche, being seen as a trustworthy partner with demonstrated know-how and high service level.
Since 2018 the group has significantly scaled from c. €29m revenues to €95m in 2023, thanks to a solid organic growth and an active buy and build strategy, with 8 acquisitions completed to reinforce its leaderships position in Access Control and enter the Smart Video segment.
Led by a strong and experienced management team, the company is progressively increasing its share of software revenues and already benefits from a good level of recurring / reoccurring activities driven by (i) existing sites upgrades and extension in Access Control as well as (ii) SaaS and maintenance services in Intelligent Monitoring.
How do we intend to create value?
Seven2 objective is to transform Vitaprotech into a leading coherent electronic security solutions platform in Europe through accelerated M&A and continued focus on high value-added software.
Past performance is no guarantee of future performance.
The profitability of portfolio companies is never guaranteed.
