Brussels, Belgium, April 14, 2015
Merodis, a corporate finance consulting firm serving small and medium sized companies or larger companies pursuing similar sized opportunities, acted as the financial advisor of On-Net Surveillance System, Inc (OnSSI) for its acquisition of SeeTec (www.seetec-ag.com), a leading provider of Video Management solutions to European markets.
With its flagship Ocularis surveillance platform, OnSSI (www.onssi.com) offers the most comprehensive IP video surveillance control and management solution in the industry, meeting the video surveillance needs of organizations of all sizes and structures. The company is transforming public safety standards in schools, banks, cities, warehouses, offices, stadiums, and airports around the globe.
The transaction combines the strengths of OnSSI and SeeTec by leveraging OnSSI’s industry-leading Ocularis platform with SeeTec’s advanced logistics suite of products, delivering an unparalleled solution for end users and channel partners alike. This acquisition is a major step for the growth, diversification and global presence strategies of both OnSSI and SeeTec;
Merodis acted as the financial adviser of OnSSI and thereby consolidated its growing position in the area of M&A in software/IT.
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