Xovis

Xovis

The Swiss high-tech company Xovis is the leading developer of 3D sensors and associated disruptive software solutions for counting and managing flows of people and waiting times at airports, in retail and in public transport. Xovis products stand out by virtue of their proprietary multi-sensor technology, precision, reliability, versatility, AI-based functions, and conformity with data protection requirements.

Sector

Services

Transaction type

Leveraged Buyout

Countries

Switzerland

Fund

EMERAM Private Equity Fund I

Acquired in

August 2016

Sold in

June 2019

Registered office

Zollikofen (Switzerland)

Business Development

Since EMERAM came on board in 2016, Xovis has enjoyed strong international growth, and its headcount had almost trebled by 2019. There has also been a three-fold increase in customers in the Airport division, with around 75 of the world’s largest airports using Xovis technology – including the world’s largest aviation hubs such as Atlanta, Dubai, Frankfurt, Paris and Delhi. The Retail division has performed successfully since 2016, too. Xovis now counts three of the world's largest biggest supermarket chains among its customers. In addition, the Public Transportation and Building Management divisions have taken the company’s technology into further growth markets. The company has also stepped up its investment in innovations. For instance, Xovis launched the first sensor with AI properties in 2018. EMERAM successfully sold its stake in Xovis in coordination with the management team in 2019.