beaconsmind AG Further Expands Business Activities in the Hotspot Segment by Acquiring DSL Solution Provider Netopsie
24 February 2023 - 12:48PM
Business Wire
- The total purchase price of EUR 500,000 consists of a cash
payment of EUR 200,000 immediately upon completion of the
transaction and a payment of EUR 300,000 over a period of 5
years
- The transaction is fully financed by the current liquidity
at FREDERIX
- Accretive transaction: Netopsie's current sales revenues of
EUR 650,000 and an EBITDA of approximately EUR 100,000 will be
consolidated under FREDERIX
- High synergy effects and cross-selling potentials
anticipated
Regulatory News:
Publication of inside information pursuant to Article 17 of the
EU Market Abuse Regulation (MAR)
beaconsmind AG (ISIN: CH0451123589 - Ticker: 81D) (Paris:MLBMD)
acquires 100% of the shares of Ingenieurbüro Netopsie via its
subsidiary FREDERIX Hotspot. With the acquisition of Netopsie,
beaconsmind is continuing to expand its business activities in the
related hotspot segment in line with its strategy.
Netopsie is a developer and provider of in-house DSL, TV, LAN
and WLAN solutions. The company's products support customers in
networking, digitalisation and building of high-performance
infrastructures. The solutions are used in hospitality, healthcare,
education, retail, cities and municipalities and sports venues,
among others.
The total price for the acquisition of Netopsie is EUR 500,000.
EUR 200,000 of this amount will be paid immediately upon conclusion
of the contract and a further EUR 300,000 over a period of five
years. Following the acquisition, FREDERIX will have full access to
Netopsie's broad customer base, including accounts such as TUI,
with TUI Blue and Robinson Club, as well as to Netopsie's cash
flows. Netopsie is financially sound, debt-free and cash
flow-positive. The company has had sales revenues of EUR 650,000
and an EBITDA of EUR 100,000 in 2022. beaconsmind will fully
consolidate Netopsie's corporate figures after the acquisition and
anticipates high synergy effects and cross-selling potentials with
significant growth potential.
Explanatory part
Netopsie DSL and Netopsie Koaxial are solutions to quickly and
easily build a network and provide internet in every room, e.g. in
a hospital or nursing home, without having to lay new cables. In
addition, the company supports the planning and realisation of
complex infrastructure solutions for the connection of modern IOT
solutions. Through this transformative acquisition, beaconsmind
will significantly expand its value chain and massively diversify
its customer and revenue base. Customers will in future have access
to both technology and solutions for the related Bluetooth
low-energy and hotspot WiFi, as well as being able to offer data
management and feedback. The offering will be enhanced by eKomi's
SaaS review platform, which provides end-to-end solutions for B2B
customers.
Stefan Gerecke, the current CEO of Netopsie, will play an
important role at FREDERIX with a long-term commitment to build the
new solution vertical for FREDERIX.
Jonathan Sauppe, CEO of beaconsmind subsidiary FREDERIX: "The
acquisition of Netopsie is an important milestone for our company.
I am very pleased to welcome Stefan Gerecke to the FREDERIX team.
This acquisition will allow us to expand our product offering in
the related hotspot area and offer our customers an even more
comprehensive value chain. In addition, we are significantly
expanding our existing customer network through Netopsie's customer
base, enabling us to offer our solutions to an even broader
portfolio of customers."
Michael Ambros, Deputy CEO of beaconsmind, Founder and CEO of
eKomi: "eKomi has been looking for coherent B2B solutions to add
more point-of-sales offerings to its current review and email
signature platform. As a shareholder and board member of
beaconsmind and FREDERIX, it's really exciting to see the hotspot
vertical expand further with the acquisition of Netopsie. We are
planning to pursue further accretive acquisition opportunities and
also intend to go deeper into the value chain, with further plans
to be revealed in due course."
About beaconsmind
Founded in 2015 in Switzerland, beaconsmind AG is a pioneer in
the field of location-based marketing (LBM) software for retail
chains. By fitting stores with Bluetooth beacons that precisely
locate and identify customers, and by integrating its Software
Suite, beaconsmind opens a brand-new channel for retailers to
interact with their customers. Thanks to its solution, retailers
can converge digital and physical shopping and address the
convenience gaps of each. The shares of the company (ISIN:
CH0451123589 – Ticker: MLBMD) are listed on the Frankfurt Stock
Exchange with XETRA trading and on Euronext in Paris.
For more information, please visit www.beaconsmind.com.
About FREDERIX
FREDERIX is a Hannover, Germany, based provider for corporate
Wifi solutions (FREDERIX Hotspot) and a developer of smart,
cloud-based W-LAN hotspot technologies (FREDERIX Cloud Wifi) with
Lidl global account as a major customer. The company offers
products that help the clients in the networking, control and
monitoring of WLAN networks, enabling them to gain new insights,
new contact points with their customers and real added value for
both.
About Netopsie
Netopsie is a provider of in-house Digital Subscriber Line (DSL)
solutions and a developer of comprehensive solutions for different
industries. The company provides products that aid clients in the
management, control, and monitoring of DSL networks. Netopsie DSL
offers a streamlined and efficient solution for building networks
and delivering internet access and additional services to every
location without the need for additional cabling. This technology
can be implemented in hotels, hospitals, nursing homes, sports
facilities, and other types of facilities.
About eKomi
eKomi Holdings with its group companies, affiliates and partners
is Europe's premiere & largest independent provider of
transaction-based reviews & ratings with specialist expertise
in intelligent feedback systems in social commerce and customer
evaluation for businesses operating across a wide range of sectors.
Headquartered in Berlin, eKomi has offices in Amsterdam, Auckland,
Berlin, Brisbane, Cape Town, Dubai, Hannover, Kyiv, Lahore, Lisbon,
London, Los Angeles and Madrid while cooperating with an extensive
network of partners around the globe.
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Company beaconsmind AG, Stäfa (Switzerland) Max Weiland,
Founder & CEO maxweiland@beaconsmind.com +41 44 380 73-73
Business and Finance Press edicto GmbH, Frankfurt
(Germany) Axel Mühlhaus/Doron Kaufmann beaconsmind@edicto.de +49 69
905 505-54
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