ZETA Zetadisplay AB

ZetaDisplay acquires Peakmedia – A leading Austrian digital signage company

ZetaDisplay acquires Peakmedia – A leading Austrian digital signage company

Malmö - ZetaDisplay AB (publ) acquires Peakmedia digital signage GmbH, a leading Austrian digital signage integrator. The acquisition is a decisive step for ZetaDisplay towards further strengthening its significant market presence in the DACH region and Europe. The deal will be accretive to EBITDA and will be funded through the Group’s existing debt facilities.

“We are now proactively continuing to drive the consolidation in the European market for Digital Signage. This latest acquisition complements our DACH platform to further fuel our growth and quality ambitions. The Peakmedia team, in addition to strong financial performance, add a matching entrepreneurial focus to the group that will positively boost our ever-evolving business and culture. I’m very excited to have them join the group”, comments ZetaDisplay CEO, Per Mandorf

"Since our German acquisition in 2021, we have continuously reviewed our strategy for expanding the DACH markets. With the addition of Peakmedia to our subsidiary portfolio we’re adding significant market presence to open up new opportunities across DACH, but also in Southern and Eastern Europe and the Balkans where Peakmedia has existing customers. Peakmedia also comes with an attractive customer portfolio where we will align on collaborative growth and expansion initiatives over time. Initially through joint product and concept development, commercial co-operation and added financial capacity.” Per Mandorf adds.

For Austrian Peakmedia the decision to team up with a larger group is a natural process of the growth journey and Peakmedia’s ambition to strengthen the market position and secure capacity to service and develop it’s leading clients.

"We made a strategic decision to secure our growth ambition by teaming up with a leading international full-service partner. As we scanned the market we eventually saw ZetaDisplay as the ideal partner, combining a similar entrepreneurial culture and values as well an appealing international customer portfolio with attractive concepts and software development capacity. We will initially continue to operate under the Peakmedia brand as part of ZetaDisplay to make sure we can leverage and expand on our existing positive brand perception. In parallel we will begin to develop and integrate our operations, business and products to align within the larger group offering. I’m extremely happy with the joint prospects of our partnership and more than ready to continue our exciting growth journey together as a team and part of ZetaDisplay”, comments Peakmedia co-founder and CEO Jonas Wilhelm.

ABOUT PEAKMEDIA

Peakmedia is a leading digital signage integrator in Austria. Established in 2012 by its 3 founders, the business now manages approx. +9.000 active licensed installations and employs over 20 full time employees.  Peakmedia is based out of Austria but the company has significant active installations also in Germany, Slovenia, Croatia, Hungary, Romania, Italy and Switzerland across a blue-chip customer base. Peakmedia provides a comprehensive range of digital signage and audio services to its customers. This includes concept design, on-site installation, remote support & monitoring, and content creation.

Malmö, 19 September 2023

This information is information that ZetaDisplay AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Per Mandorf, at 14:15 CET on 19 September2023

 

For further questions, please contact:

Per Mandorf, President & CEO

Phone: +46 704-25 82 34

Email:

Jog Dhody, Interim CFO

Mobile:  2

E-Mail: 

Robert Bryhn, CMO / Head of Communication

Mobile 0

E-Mail 

 

ABOUT ZETADISPLAY

Founded in 2003, ZetaDisplay is a leader in the Nordic region and second in Europe and we drive the digital transformation in physical environments on a daily basis. Our solutions, concepts and software digitize, influence and inform people's behavior and decision-making in stores, in public environments and in workplaces. Our solutions are known as Digital Signage which we develop and offer as SaaS solutions. We are a global leader that actively influences the development of the international Digital Signage market organically, through innovation and through acquisitions.

ZetaDisplay is based in Malmö, has a turnover of SEK +500 million and employs approx. 200 co-workers in offices in six European countries. In total, the company manages around 100.000 installations globally in more than 50 markets. ZetaDisplay is owned by the investment company Hanover Investors. More investor related information at  and 

Attachment



EN
19/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Zetadisplay AB

 PRESS RELEASE

Praktikertjänst signs agreement with ZetaDisplay for nationwide digita...

Praktikertjänst signs agreement with ZetaDisplay for nationwide digital signage solutions ZetaDisplay, a leading European full-service partner in digital signage solutions and systems, has signed a multi-year agreement with Praktikertjänst, one of Swedens largest healtcare providers, for the development, establishment and operation of a complete new nationwide digital signage display network. The agreement includes new installations of digital signage solutions at up to 1000 clinics and will operate fully on ZetaDisplay's proprietary software platform - Engage Suite. In addition, ...

 PRESS RELEASE

ZETADISPLAY AB (publ) INTERIM REPORT 1 APRIL – 30 JUNE 2024 (Q2)

ZETADISPLAY AB (publ) INTERIM REPORT 1 APRIL – 30 JUNE 2024 (Q2) Q2 Interim report April – June 2024 for ZetaDisplay AB (publ) is now available at ir.zetadisplay.com Report summary: April – June 2024• SaaS revenue increased by 24.5% to SEK 66.9 (53.7) million• Excluding the impact of acquisitions, the increase in SaaS revenue was 6.5%• Net sales increased by 28.7% to SEK 163.3 (126.9) million• Gross margin decreased to 55.5% (61.4%)• Adjusted EBITDA was SEK 27.9 (15.3) million CEO comment STRONG GROWTH IN THE QUARTER Net sales for the quarter increased to SEK 163.3 (126.9) ...

 PRESS RELEASE

­­­­­­­­­­Arlanda express signs exclusive framework agreement with Zet...

­­­­­­­­­­Arlanda express signs exclusive framework agreement with ZetaDisplay for digital signage solutions ZetaDisplay, a leading European full-service partner in digital signage solutions and systems, has entered into a multi-year exclusive framework agreement with A-Train AB / Arlanda express for development, deployment and services. The agreement includes switching to ZetaDisplay's software platform for the entire screen network, upgrading of Arlanda express digital signage installations on board train sets and replacing all advertising screens at Arlanda express's own train stations a...

 PRESS RELEASE

Bulletin from the Annual General Meeting of ZetaDisplay AB (publ)

Bulletin from the Annual General Meeting of ZetaDisplay AB (publ) The following resolutions were passed at the Annual General Meeting (the “AGM”) of ZetaDisplay (publ) (“the Company”) on 25 June 2024. Adoption of income statement and balance sheet and discharge from liabilityThe AGM resolved to adopt the income statement and consolidated income statement for the financial year 2023 as well as the balance sheet and consolidated balance sheet as of 31 December 2023. The members of the Board of Directors and the managing director were discharged from liability for the financial year 2023....

 PRESS RELEASE

ZETADISPLAY AB (publ) INTERIM REPORT 1 JANUARY – 31 MARCH 2024

ZETADISPLAY AB (publ) INTERIM REPORT 1 JANUARY – 31 MARCH 2024 Q1 Interim report JANUARY – MARCH 2024 for ZetaDisplay AB (publ) is now available at ir.zetadisplay.com Report summary: JANUARY – MARCH 2024 SaaS revenue increased by 21.7% to SEK 60.9 (50.0) million Excluding the impact of acquisitions, the increase in SaaS revenue was 11.5% Net sales increased by 6.4% to SEK 127.2 (119.6) million Proforma net sales, including newly acquired Beyond, amounted to SEK 148.5 (147.1) million Gross margin remained stable at 60% (60%) Adjusted EBITDA was SEK 12....

ResearchPool Subscriptions

Get the most out of your insights

Get in touch