
Audacia invests in Storvision
Audacia has provided French CCTV solutions manufacturer Storvision with €2m of growth capital funding.
Founded in 2001, Storvision designs and distributes CCTV systems. Dealing mainly with wholesalers, the company employs 30 people and generated an €8m turnover in 2009. It will use the funds to finance its development.
The investor was convinced by Storvision's sound financials and strong growth record; the company has grown at an average of 40% per year since its inception.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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