Vizrt

Based in Norway, Vizrt is a software company specializing in advanced broadcasting and video production solutions, offering tools that enhance video storytelling for various platforms. Founded in 1997 in Bergen, Norway, Vizrt develops software solutions for video production and broadcasting. The company underwent a strategic shift towards a SaaS business model. On December 28, 2021, Vizrt was acquired in a Secondary Buyout by a consortium led by Coller Capital, Goldman Sachs Asset Management, Nordic Capital, and Pantheon for NOK 2,500.

00 mn. Petter Jakobsen is the founder of Vizrt, having previously established other companies in the tech sector. Vizrt specializes in advanced broadcasting and video production solutions, providing a comprehensive suite of products designed to enhance video storytelling across multiple platforms. Their offerings include real-time 3D graphics, video playout solutions, and integrated production systems, allowing users to create, manage, and deliver high-quality content.

Key products such as the Viz Engine, Viz Pilot Edge, and TriCaster series enable functionalities like real-time graphics rendering and automated production workflows. These products serve a diverse clientele, including broadcasters, sports organizations, educational institutions, and corporate entities globally, particularly in North America, Europe, and Asia-Pacific, addressing the evolving needs of media professionals. In the most recent year, Vizrt reported a revenue of NOK 310,662. 9 mn for 2021, while the EBITDA for the same year was NOK -456,560.

8. Their revenue primarily stems from direct sales and subscriptions for software solutions and hardware systems, often through B2B partnerships with media companies that integrate Vizrt's products into their workflows. Clients typically engage through annual licensing agreements, ensuring they have access to the latest technologies for content creation. Vizrt plans to leverage the investment from the Public to Private Secondary Buyout in December 2021 to enhance its SaaS business model and accelerate the development of new offerings.

This growth strategy includes expanding operational capabilities and pursuing add-on acquisitions. The company aims to introduce new products and services to further solidify its position in existing markets and explore new geographic regions.