Vision Systems announces today that it is accelerating its innovation efforts as well as its international expansion plans. Vision Systems is a tier-one system supplier designing, developing and manufacturing complete and tailored solutions for the aeronautic, land transport and marine markets. Vision Systems is joining forces with Idinvest Partners to support their strategy which will be acquiring a 20% stake in the company. Vision Systems leadership team Carl Putman, CEO, and Catherine Robin, Executive Vice President, have taken this opportunity to increase their shareholdings and now own 80% of the company. Idinvest Partners will be replacing A Plus Finance, which had provided equity financing to Vision Systems since 2013.
This transaction is accompanied by an issue of convertible bonds underwritten by Idinvest Partners and the arrangement of a senior debt funding line with a longstanding banking pool coordinated by CIC and also including BNP Paribas and Crédit Coopératif as members.