Mentha Capital sells Axon to EVS
Mentha Capital and minority shareholders have sold Axon, the leading broadcast and media network infrastructure specialist, to EVS, a global provider of live video technology for broadcast and new media productions.
With development centers in the Netherlands and the UK, and a team of over 80 employees, Axon has a rich 30-year history of technological innovation. The company has an international presence in the live broadcast infrastructure market, including mobile trucks and data centers, and a product portfolio that complements EVS’s existing live production offering.
This mutually beneficial deal also allows EVS to further expand its global footprint and leverage its international presence to accelerate the reach of Axon’s expertise and technology. Additionally, EVS will benefit from Axon’s extensive relationships with channel partners, while also broadening the reach of its industry-leading product portfolio to different distribution channels.
Axon CEO Michiel Van Duijvendijk commented: “This deal offers a major growth opportunity for both businesses, bringing together two innovative and proven product portfolios to form a unique end-to-end offering. We’re looking forward to joining the EVS team and working together to provide our customers with all the tools they need to power their journey towards IP-based media production.”
Mentha Capital managing partner Gijs Botman added: “This transaction marks the success of Axon’s continuous innovation resulting in a leading offering in IP-based broadcast infrastructure technology. We are pleased to have been part of the journey over the past years and to have been able to support the business’s tremendous development. We wish the team all the best and trust that the combination with EVS opens ups many opportunities for further growth and success.”
“We’re extremely excited about the opportunities that this acquisition will provide us and our customers over the coming months and years,” said EVS CEO Serge Van Herck. “Axon’s strong broadcast reputation and expertise, combined with our shared customer service-focused philosophy, make this marriage a perfect fit. It will enable us to deliver the most comprehensive media infrastructure solutions on the market.”