Survision has been acquired by Capital Export alongside its management
December 2025 — Ermic has sold its subsidiary Survision through a management buy-out backed by Capital Export. This new investor will support the emergence of a pan-European player in the LAPI market, while backing Survision’s organic growth and consolidation strategy.
Founded in 2001, Survision is a leading provider of vehicle identification technologies and license plate recognition (LPR) solutions, serving the transportation, mobility and security sectors in more than 36 countries. The company’s proprietary camera and software solutions deliver speed, accuracy and reliability to partners across parking, access control, tolling and smart mobility ecosystems.
Capital Export supports innovative French companies with distinctive technical or technological expertise in their internal, external and international growth.
Ermic designs, industrializes and markets complete electronic system solutions installed in harsh environments. The group operates in four areas: mobility and infrastructure, defense and security, meteorology and building comfort and energy efficiency.
Our role in the transaction
Oaklins’ team in France served as the exclusive financial advisor to Ermic’s shareholders to structure and execute the carveout of Survision. In a highly competitive process, the team supported the company in identifying and approaching qualified financial investors able to finance and sustain the next phase of development, provide full liquidity to current shareholders and strengthen management participation in the share capital. The team also advised Ermic’s shareholders on debt aspects of the transaction. Oaklins’ debt advisory team also led the negotiation and securing of the LBO structured loan.
Robert Bousquet
CEO, Ermic
Talk to the deal team
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