Immix Software Acquired by Private Equity Firm Norland Capital
Immix is a leader in video monitoring security software, which is installed in demanding security operating center environments.
TAMPA, Fla. — Immix Software, a global provider of video monitoring security software, announces its sale to Norland Capital, a technology-focused private equity investment firm based in San Francisco, Sydney and London.
Terms of the transaction were not disclosed. The Immix business was created in 2020 when SureView Systems, a provider of commercial central station and command center response software, was split into two separate businesses to address these two distinct markets.
The central station business retained the Immix name while the command center business retained the SureView name for both the company and the product. The new entities remained under the same independent ownership and control.
Immix’s video monitoring security software is installed in demanding security operating center environments. The company’s software enables installing security contractors to deliver new video-based remote services to customers, and improves a central station’s ability to validate, manage and respond to security events through an intuitive interface.
Immix software monitors approximately 1 million cameras at approximately 100,000 sites across North America and Europe, according to the announcement.
“It has been incredible to watch Immix evolve,” says Graham Johnson, chairman of E-Surveillance, the former parent company of Immix. “Norland’s reputable security and software credentials, firm culture, and talented professionals will enable Immix to unlock many opportunities for advancement as the business enters its next phase of growth.”
The transaction, Johnson continues, also serves to strategically reinforce Immix’s commitment to continue delivering best-in-class solutions to customers that operate in the most demanding security operating center environments.
“We have long observed Immix’s market prominence from afar and are ecstatic for the opportunity to join Chris [CEO], Craig [CTO] and the entire Immix team,” says Mati Szeszkowski, founder and CEO of Norland Capital. “Immix has established a very strong foothold in video monitoring security software which is in the midst of a decade plus tail-wind, and we see meaningful opportunities ahead for the business and its clients. We are delighted to invest to further grow the business.”
Immix is uniquely differentiated as its software is the “single pane of glass” that integrates and seamlessly works with all the disparate technologies inside the security operating center as well as with all the external data sources, according to the announcement.
“This is the next step in Immix’s evolution. Teaming up with Norland will allow us to further invest and continue to develop our product offering, build the team, and expand internationally, as well as continue to work very closely with current customers and help them grow their business,” comments Immix Software CEO Chris Brown.
He continues, “With the demand for video- and event-based monitoring exploding around the globe, we are poised to meet today’s rigorous demands for unifying disparate security platforms and devices, while continuing to innovate to satisfy the needs of our customers in the future.”
Imperial Capital served as the exclusive financial advisor to Immix in the transaction.
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