A global leader in the niche professional market of high-end miniature covert video surveillance equipment.

Covidence is recognised as a technology leader with a brand preferred by highly selective end users.  It was founded in 2007 and was acquired by Montagu in 2015 alongside its founders.

00

Annualised revenue growth during partnership

00

Headcount growth

00

of employees in R&D

A Montagu business

  • Leader in a high growth market driven by strong macro dynamics
  • Mission-critical equipment – product reliability, ease of use and performance are key to customers
  • Strong R&D capabilities and culture of innovation

Investing in innovation

During our partnership we supported Covidence to:

  • Invest in R&D, which built on the company’s track record of innovation
  • Improve the business’s production capacity and supply chain planning to support expansion
  • Strengthen its management team with key hires and promotions

We sold Covidence in 2019 to investment firm EMK Capital.

Deal details


Year of entry

2015


Year of exit

2019


Country

Nordics


Status

Realised


Industry Sector

Industrials,Technology

Back to all portfolio