AVNation TV

Tag: global expansion

  • Nice finalizes a €370 million transaction to support its organic and acquisition-driven growth plan

    Nice finalizes a €370 million transaction to support its organic and acquisition-driven growth plan

    Nice has secured a €370 million financing agreement to support its long-term growth strategy, giving the company additional resources to expand its global operations and invest in future acquisitions. Backed by a group of 11 leading Italian and international financial institutions, the funding also strengthens the company’s financial position as it continues to grow its Smart Living portfolio.

    The investment will help Nice accelerate the development of new technologies while expanding its presence in global markets. With operations spanning more than 100 countries, 13 R&D centers, and 14 manufacturing plants, the company aims to enhance innovation and deliver more advanced smart home and building solutions for the AV and IT industries.

    Nice, a global leader in Smart Living solutions, announces the completion of a €370 million transaction designed to support the Group’s organic and acquisition-driven growth, while also optimizing its financial structure.

    The transaction, structured as a Senior Facilities Agreement, was financed by a pool of 11 leading Italian and international financial institutions, led by BNP Paribas, Crédit Agricole Corporate & Investment Bank and Mediobanca as Global Coordinators. The pool also included BNL BNP Paribas, Cassa Depositi e Prestiti, Crédit Agricole Italia, Deutsche Bank, Intesa Sanpaolo (IMI CIB Division), Monte dei Paschi di Siena and UniCredit, with Banco BPM acting as Agent Bank. Crédit Agricole Corporate & Investment Bank also acted as Hedge Coordinator.

    The resources will be used to strengthen the international presence of the Nice Group, with a particular focus on completing future strategic acquisitions and developing new technological solutions. The Group currently has more than 2,000 people worldwide, 29 operating offices, 13 research and development centers, 14 production plants and a commercial presence in more than 100 countries. In recent years, Nice has consolidated its presence in key global markets and significantly expanded its product portfolio. The new financing represents a further step in the company’s development path and will enable it to accelerate the investments planned in its industrial plan.

    “This transaction provides us with the resources needed to support a new phase of growth and strengthen our positioning in international markets,” said Lauro Buoro, Founder and Chairman of Nice. “The confidence shown by the banking system confirms the solidity of our business model and our future prospects.”

    As part of the transaction, Legance and Gianni & Origoni (GOP) acted as legal advisors to the Company and the lending institutions, respectively.

  • Navori Labs and Signagelive Unite to Build Leading Digital Signage Software Powerhouse

    Navori Labs and Signagelive Unite to Build Leading Digital Signage Software Powerhouse

    Navori Labs has acquired Signagelive, creating the world’s largest independent CMS platform provider in the digital signage software industry. This union positions the new Navori Labs Group as a leader in agile, data-driven signage technology, offering an API-first, headless CMS architecture with AI analytics and media monetization tools. The focus will be on scalable solutions for mid-sized to enterprise customers, particularly in dynamic retail environments.

    With a strong leadership team from both Navori Labs and Signagelive, including former Signagelive CEO Jason Cremins, this acquisition enhances global support and strengthens the Group’s commitment to innovation. The company plans to accelerate growth through continued regional expansion, particularly in North America and EMEA, while focusing on delivering high-value solutions to its partners and clients.

    Navori Labs announces its strategic acquisition of Signagelive, marking the beginning of a transformative new chapter for the digital signage software industry. This combination creates the world’s largest independent, channel-only CMS platform provider (by installed base), bringing together two innovation leaders to set new standards and benchmarks in the industry. The new Navori Labs Group will be the industry’s most agile and data-driven software powerhouse – poised to drive the next generation of global signage solutions.

    By the end of 2025, the joint organization will boast more than 45 dedicated developers focused exclusively on delivering scalable, flexible, and data-centric signage technology. Offering an API-first, headless CMS architecture with advanced data integration, AI-powered analytics, and media monetization capabilities, the new Navori Labs Group is purpose-built for forward-thinking mid-sized to enterprise customers — particularly those operating in dynamic, content-driven environments such as retail media.

    Executive Leadership Team with Track Record of Innovation

    Former Signagelive CEO Jason Cremins and CCO Frank Larsen will complement the executive leadership team of the Navori Labs Group around Group CEO Jeffrey Weitzman, contributing their experience to drive the company’s strategic growth. In addition, Signagelive’s long-standing CTO, Marc Benson, will remain a key pillar of the Group’s technology leadership.

    “What we’ve built is far more than the sum of its parts,” said Jeff Weitzman. “We’ve combined deep-rooted expertise, bold vision, and operational excellence into a leadership team that’s truly unmatched in CMS innovation and industry insight.”

    A Truly Global Independent Software Vendor (ISV)

    Navori Labs now operates with a truly global footprint, serving customers with dedicated teams in Lausanne (CH), Cambridge (UK), Montreal (CA), Copenhagen (DK), Mexico City (MX), Dubai (AE), Riyadh (SA), India, Singapore, Hong Kong, Paris, and Australia, among others. The company remains proudly Swiss, retaining its headquarters in Lausanne, while enhancing local support and regional sales presence across continents.

    Commitment to Partners, Innovation and Excellence

    Both Navori Labs and Signagelive share a deep commitment to partner success and customer satisfaction. Their combined cultures are rooted in delivering best-in-class digital signage software, channel-focused service, and long-term value for employees and clients alike.

    “This combination is a catalyst for transformation. It empowers our employees, energizes our partners, and delivers exponential value to our customers and prospects around the world,” comments Jason Cremins, highlighting the impact across the ecosystem.

    Accelerated Growth and Strategic Vision

    This acquisition, executed just six months after Navori Labs joined the Maguar Capital portfolio, underscores the company’s focused growth strategy. Looking ahead, the Group will continue to expand both organically and through further M&A -especially in North America and EMEA – while staying true to its partner-first philosophy and software-focused DNA.

    On Navori’s side, the transaction was advised by PwC (Financial Due Diligence), valantic (Technical Due Diligence), Hogan Lovells and NKF (Legal), Goodwin (Legal Financing), and KPMG (Tax and Structuring). Debt financing for the transaction has been provided by Kartesia.
    The transaction has been structured with a split signing and closing.