Vizrt

Business Description

Vizrt provides real-time 3D graphics, studio automation, sports analysis and asset management tools for the media and entertainment industry.

This includes interactive and virtual solutions, animations, maps, weather, video editing, compositing and playout tools. Vizrt has customers in more than 100 countries worldwide including CNN, CBS, Fox, BBC, BSkyB, Al Jazeera, NDR, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK and the list keeps growing. This is made possible by nearly 600 engaged and very competent employees in 40 offices around the world. The global headquarters is in Bergen, Norway.

Vizrt was listed on the Oslo Stock Exchange when acquired by Nordic Capital Fund VIII in March 2015 through a merger agreement pursuant to which Nordic Capital Fund VIII paid cash consideration for 100% of the issued share capital of the company. Vizrt will subsequently be delisted from the Oslo Stock Exchange.

Focus for Nordic Capital Fund VIII as the new owner will be continued support of Vizrt's geographic expansion and of its constant strive to provide customers with an unparalleled offering.

Key Information

Revenues 2016*

EUR 110 million

Employees

580

Ownership

Nordic Capital Fund VIII, controlling shareholding

Head office

Bergen, Norway

Investment date

2015

* Reported