Scati Labs becomes part of Tryo Group (Dimia)

Spanish video surveillance company Scati Labs has been acquired by Grupo Tryo (Dimia) without the amount of the transaction being made public.

Tryo Group, company owned by venture capital company Dimia created from the merger of Rymsa And Teltronic, has closed the purchase of Scati Labs, Zaragoza-based company specializing in design, development and manufacture of video surveillance and security systems, without knowing the economic terms of this operation for now.

With this acquisition, Tryo Group "strengthens and complements its leading position in the market of mission-critical radio communications systems", where it operates through its subsidiary Teltronic, as the company's communiqué points out, and with which the group estimates to achieve a turnover of 90 millions of euros, with a 80% sales in the foreign market.

Founded in 1998 in Zaragoza, Scati Labs ended the financial year 2012 with a growth in the 59% in your turnover, what it meant 7,4 millions of euros. Over the past few years, this Spanish company that develops comprehensive security solutions in multisectoral environments (Banking, Retail, Logistics, Industry, Education,...) has earmarked the 64% export billing, mainly destined for Latin America, with the opening of offices in Mexico, Brazil and Colombia.

Dinamia is a venture capital company listed since 1997 and managed by N+1 Private Equity, one of the leading private equity firms with a geographical investment objective in the Iberian Peninsula, which in recent years has completed investments in some 42 Companies. Last year, Dinamia took over the 13,75% communication group Sequoia, while N+1 Private Equity took over the 41,25%, obtaining a joint share of the 55%.

Other articles on Dimia, Rymsa, Scati, Sequoia, Teltronic