Xortec GmbH expands market position by expanding into southern Germany
May 2021 Frankfurt am Main
Xortec GmbH (“Xortec”), headquartered in Frankfurt am Main, is strengthening its market position as a provider of network-based video surveillance and data communication solutions. With retroactive effect from January 01, 2021, Xortec has acquired Videosystems Sicherungstechnik Vertriebs GmbH (“Videosystems”) in Munich.
The cooperation between the two companies creates one of the leading distributors for video security on the German market.
“The acquisition of Videosystems is another milestone in the company’s history for Xortec and an important step for the strategic development in a sought-after growth market,” says Hubert Irka, founder and managing director of Xortec GmbH. Andreas Schlawien, Managing Director and founder of Videosystems, adds: “Through the partnership with Xortec, we can focus even more intensively on our customers and product solutions and, among other things, gain access to Xortec’s excellent logistics, which significantly increases our product availability.”
The management team will be strengthened by Michael Schaller, who joined the management of Xortec GmbH in April 2021. In addition to many years of experience as managing director in security companies, he brings the customer perspective of specialist installers to the company and, together with Andreas Schlawien, takes over the management of Videosystems.
Since January 2021, Xortec GmbH has been a participation of a fund advised by Beyond Capital Partners. “As an investment company with a focus on German-speaking SMEs, it is our goal to further expand Xortec’s market position in the DACH region through suitable acquisitions. Accordingly, we are continuously exploring Xortec’s competitive landscape and are looking for further suitable investment opportunities,” says Christoph D. Kauter, Managing Partner of Beyond Capital Partners.
About Xortec
Xortec GmbH, based in Frankfurt am Main, is a leading provider of network-based video surveillance and data communication solutions. The company’s focus is on the distribution of professional video surveillance solutions and a comprehensive range of accompanying services.
www.xortec.de
About Videosystems
Munich-based Videosystems Sicherungstechnik Vertriebs GmbH has been successfully active on the market for 30 years as a specialist distributor and major distributor of safety technology for installers, distributors, dealers, electrical companies and resellers. The company’s focus is on the project business for complex security solutions.
www.videosystems.de
About Beyond Capital Partners
Beyond Capital Partners is an investment company advising its funds on the acquisition of majority shareholdings of profitable small- and medium sized enterprises in the DACH region focusing on the asset-light segments business services, IT, software, healthcare, lifestyle and entertainment.
www.beyondcapital-partners.com
