Neets has been acquired by Biamp Systems
June 2021 — The private shareholders of Neets A/S have sold the company to Biamp Systems.
Neets is a manufacturer of AV control systems. It offers a mature, comprehensive range of device controllers, control interfaces, and control software that stands out due to its ease of use and elegant design. In addition, Neets recently added several other innovative products that target conferencing applications, including media bars, cameras, device hubs and in-table connectivity systems.
Biamp Systems is a provider of innovative, networked media systems that power sophisticated audiovisual installations. The company’s product suite includes Tesira™ media systems for digital audio and video networking, Devio™ collaboration hubs for modern workplaces, Modena™ wireless presentation systems, Cambridge™ sound masking solutions, Vocia™ networked public address and voice communication systems, Crowd Mics™ audience engagement tools, Desono™ loudspeakers for business audio, and Community™ loudspeakers for installed sound applications. Each solution has its own specific feature set that can be customized and integrated in a wide range of applications, including boardrooms, conference centers, huddle rooms, open floor environments, performing arts venues, courtrooms, hospitals, transportation hubs, campuses, retail and hospitality environments, and military and government facilities. Biamp solutions also enable optimized remote collaboration capabilities. Founded in 1976, Biamp is headquartered in Beaverton (Oregon), with additional offices around the globe. Since 2017, Biamp has been backed by Highlander Partners.
Our role in the transaction
Oaklins’ team in Denmark acted as the exclusive sell-side advisor in a bilateral process.
Michael Jarl Christensen
CEO, Neets A/S
Talk to the deal team
Kim Harpøth Jespersen
Oaklins Beierholm
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more