Contact Contact
Transactions 30 January 2020

Aviwest x Go Capital - Groupe Turenne - Sodero Gestion - UNEXO

Fund raising
Secteur Software & Platforms
AVIWEST raises €8 million and strengthens its international development capacity.
Client Aviwest

AVIWEST helps its customers respond to live video production and contribution challenges by providing them with reliable, affordable systems that guarantee exceptional video quality from any filming location. Its product ecosystem includes a full range of mobile devices, from smartphone applications to video transmitters and encoders, reception, decoding and network management servers, along with related professional services. Headquartered in Saint-Grégoire, AVIWEST supports video professionals worldwide through its many subsidiaries and a distribution network that spans nearly 160 countries.

Contrepartie Go Capital

GO CAPITAL is an independent company that manages over €200 million in seed and venture capital investment funds, investing in innovative technology companies based in Western and Central France. GO CAPITAL manages five professional private equity funds (GO CAPITAL Amorçage I and II, Ouest Ventures II and III and Loire Valley Invest). Since its creation, GO CAPITAL has invested in over 100 companies, mainly in the digital, healthcare and energy transition fields. The Ouest Ventures III fund, which invests within Aviwest, brings together entrepreneurs from Western France, Bpifrance, the Brittany region and the Loire region, as well as banking partners (BNP Paribas, BPO, BPA, CIC Ouest and CM Arkea).

Contrepartie TURENNE GROUP

Turenne Group, a leading private equity firm in France, has helped business owners carry out their innovation, development and transfer projects for 20 years. As an independent player, the group managed €1 billion as of 30 June 2019. It employs 61 professionals, including 46 investors, based in Paris, Lille (Nord Capital), Lyon, Marseille and Metz, who provide assistance to more than 250 business owners in the healthcare, hospitality, new technologies, distribution and innovative services sectors. Turenne Group advocates a Socially Responsible Investor (SRI) approach. It provides financial support and runs the Béatrice Denys Foundation for Therapeutic Innovation, which rewards the most successful projects within French academic medical research, as well as the Association Banlieue Sans Frontières en Action (BSFA), whose mission is to improve the living conditions of suburban residents.

Contrepartie Sodero Gestion

Sodero Gestion, a subsidiary of Caisse d’Epargne Bretagne Pays de Loire, is a leading private equity firm in the western part of France, with offices in Nantes, Rennes and Brest. With equity interests in more than 120 regional companies, in 2020 Sodero Gestion has €250 million under management to finance transfer and development projects through minority and majority investments. Sodero Gestion is a long-term investor that supports managers and their companies through its active involvement in regional economies.

Contrepartie UNEXO

UNEXO, the Crédit Agricole Group’s investment fund, supports managers and entrepreneurs in the western part of France in the fields of innovation, development, transfer and debt funds. Its innovation capital funds help support companies that are shaping tomorrow’s economy through technological innovations (Deep Tech), usage innovations and impact innovations (Tech For Good). UNEXO contributes to economic growth by keeping decision-making centres and jobs in the regions and has stakes in some 100 companies as a minority shareholder.

AVIWEST, a specialist in professional video transmission solutions, has raised €8 million from Go Capital, Turenne Group, Sodero Gestion and UNEXO.

 

AVIWEST, the world’s leading provider of video contribution systems, announced that it has raised €8 million.

The investments made by Go Capital, Turenne Group, Sodero Gestion and UNEXO, Groupe Crédit Agricole, will help accelerate AVIWEST’s growth and bolster its product and service offerings, while consolidating its commercial presence worldwide.

The video production and contribution market is booming, offering AVIWEST numerous opportunities to create new products and innovative solutions along with high added-value services.

AVIWEST plans to step up its research and development efforts in order to maintain its technological edge and responsiveness, enabling it to offer its international customers highly innovative, reliable and robust solutions. The company, which generates more than 85% of its turnover from exports, also plans to strengthen its presence in high-potential areas.

“The media world is changing and demand for flexible solutions to produce live mobile video content is growing rapidly. There is now a big push among broadcasters to use public IP networks, whether the Internet or cellular networks, to transmit video streams, and this trend will grow with the rollout of 5G. Our IP network aggregation technology implemented in our products, which has received two Emmy® Awards, eliminates the technical constraints associated with the use of these networks by guaranteeing exceptional quality while significantly reducing operational costs", said Ronan Poullaouec, Chief Technology Officer at AVIWEST.

“Thanks to these investments, we will implement an aggressive commercial strategy allowing us to consolidate our international presence, especially in the United States and China. We plan to increase our workforce by hiring around 50 people in the coming months", said Erwan Gasc, CEO at AVIWEST.

Secteur lié

Software & Platforms

For more than 20 years, PAX Corporate Finance has been the leading investment bank in the world of software and platforms. Our DNA is based on supporting innovative and fast-growing companies in their financial operations.
En savoir plus
Équipe Membres associés