Frankfurt-based NORD Holding Small Cap (“NSC”) acquires a majority stake in LivEye Group headquartered in Foehren, Rhineland-Palatinate, as part of an owner buy-out. The management team around Carsten Simons and the founder Marc Thurn remains involved and will continue to manage the group operationally in the future. NSC’s investment is intended to further strengthen the market position of the company and accelerate its dynamic growth. LivEye is the first portfolio company of the new Small Cap Fund of NORD Holding. Financial details of the transaction will not be disclosed.
Target – LivEye GmbH
Buyer – NORD Holding Unternehmensbeteiligungsgesellschaft mit beschränkter Haftung
Buyer – Other Undisclosed Investors
Seller – Shareholders