Global technology leader in the niche market of miniature covert video surveillance equipment

In May 2015, Montagu led the buyout in Covidence, investing alongside the incumbent management team who also helped found the business.

Covidence is the global technology leader in the niche professional market of miniature covert video surveillance equipment. Its products are used to monitor, prevent, investigate and gather evidence against unlawful threats such as organised crime and terrorist attacks. Through a high quality and versatile product offering adapted to end-user needs and continuous product development, the company has established a market leading position. It is recognised as a technology leader with a brand preferred by highly selective end users. The business was founded in 2007 and is based in Rønde, Denmark. The founding entrepreneurs remain managers of the company and re-invested alongside Montagu.

Montagu was attracted by Covidence’s leading position in a market driven by increasing focus and demand for covert surveillance, the company’s impressive track record, and its exciting prospects for further growth. Covidence is led by an experienced and committed team, whom Montagu will support to further develop Covidence’s product portfolio and international presence.

Deal details

Deal type: Management Buyout Investment Year: 2015 Country: Nordics Status: Realised Value: Undisclosed Industry Sector: Industrials, Technology