news

14 Sep 2015

Caixa Capital successfully exits its investment in Nonius

Company supports over 110.000 hotel rooms worldwide

Caixa Capital, Portugal's leading Venture Capital firm, announced the successful exit of its investment in Nonius, a leading provider of digital guest services for the global hospitality sector, specializing in high speed internet access (HSIA) solutions, in-room interactive TV services and digital signage. 

With estimated sales of over €7 million for 2015 in 26 countries, Nonius has established a strong presence across Europe, the Middle East, Africa and Latin America, working with key international customers such as Accor, Corinthia, Meliá, Wyndham-Tryp, Sheraton, IHG, Uniworld, Viking Cruises, Eurostars, Pestana, Transamérica, Estanplaza, Blue Tree, Belmond, Tivoli, Altis and Sana. 

Having originally invested in 2011, Caixa Capital worked closely with the Nonius´ management and provided funding to help it expand its operations and capitalize on global growth opportunities in Europe and Latin America, overseeing a greater than 4x increase in annual revenues and a significant rise in profitability during its tenure. 

Stephan Morais, Executive Director of Caixa Capital, stated that "Success stories like Nonius are a testament to the great things that can be achieved when investors and ambitious entrepreneurs join forces and make things happen. I am proud of being part of this project and wish Nonius’ team and in particular its founders the very best for the future". 

António Silva, Founder and CEO of Nonius, stated that "We are grateful for all the professionalism and support Caixa Capital gave us to reach this stage and for providing us with the resources needed to establish our global presence." The management team and simultaneously its company founders, António Silva and Leonel Domingues, with the backing of Private Equity player OXY Capital led the buyout generating a superior return for Caixa Capital’s VC fund. 

In this operation, the founders are increasing their stake in Nonius capital and creating a new shareholder structure where Seed and Venture Capital is replaced by Private Equity, as part of an new ambitions growth cycle.


Caixa Capital – www.caixacapital.pt  

Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal´s largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above 120 billion Euros. With a total of close to 750 million Euros under management, the largest and most relevant in the country, Caixa Capital invests in growth equity and venture capital opportunities and funds. The Venture Capital team partners with incubators, accelerators and business angels for seed and startup investments and with major international venture funds for opportunities above 1 million Euros. The team aims to support global expansion of Portugal related teams and companies and has dedicated team members to ICT, digital, health tech, engineering and clean tech investments 


Nonius  www.noniussoftware.com 

Nonius is a technology company enabling guest experience excellence for organizations in the Hospitality industry. Nonius provides technology that enables hospitality operators to provide their guests cutting edge digital services. The Company specializes in High Speed Internet Access (HSIA), Interactive TV utilizing IPTV technology, digital signage, IP telephony, mobile applications development, and entertainment contents. Nonius services more than 100,000 rooms across Europe, the Americas, Africa and Middle-East, which include international hotel chains such as: Accor, Corinthia, Meliá, Wyndham-Tryp, Sheraton, IHG, Uniworld, Viking Cruises, Eurostars, Pestana, Transamérica, Estanplaza, Tivoli, Altis and Sana. Nonius is a proud industry member of HTNG and is certified according to NP EN ISO 9001:2008.