Lincoln International advises the publicly quoted exceet Group SE on the divestment of its ID Management & Systems (“IDMS”) segment to Visioncard Holding GmbH.
The Luxembourg based exceet Group SE has sold its IDMS segment through a Management Buyout to Visioncard Holding GmbH. IDMS has been organised as a 100% subsidiary of exceet Group SE. The parties agreed not to disclose transaction details.
With the involvement of the global Technology group Lincoln International led a structured sales process that included an international market approach of both strategic and financial investors. The sale to Visioncard Holding provides exceet Group SE with a good economical and organizational solution and assures a quick and smooth transition of the IDMS operations.
exceet Card Group combines the strengths of global leaders of RFID, dual interface and chip card manufacturing. The Group’s innovative product and service portfolio comprises design, development, consulting, production, personalization and lettershop, making it the leading full-service provider of smartcards, NFC-solutions and readers. In the mobile payment field, exceet Card Group offers mobile services, identity safeguards, secure payment solutions, authentication of online services, and cloud computing access. The company employs approximately 380 employees in Germany, Austria, the Czech Republic and the Netherlands.
exceet Group is an international technology group, which is specialized in the development and production of intelligent, complex and secure electronics.
About Lincoln InternationalLincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With seventeen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com