Advising the lender on the financing of the acquisition of LivEye Group
The shareholders of LivEye Group, a portfolio company of the NORD Holding Small Cap Fund, have expanded the existing financing structure to support the rapidly growing business model. Astera Legal advised the lender on the refinancing. Within the framework of the refinancing, the existing financing structure was restructured and supplemented by a CAPEX line in the double-digit million range.
LivEye is a leading provider for the surveillance of temporary risk zones with mobile video surveillance systems. With currently over 1,000 video towers and its own 24/7 alarm centre, LivEye is the fourth largest provider in Germany. In addition to mobile video surveillance solutions, LivEye offers camera systems for documentation purposes, surveillance systems for early fire detection, sensor technology and software for guarding risk zones. Currently, over 200 customers in Germany, Poland, Austria, Luxembourg and Switzerland are secured reliably and in compliance with data protection regulations.