Insights · 2 min read
Visions Connected: from startup to exit
Sping Ventures celebrated a decade-long partnership with VisionsConnected, witnessing its evolution from startup to acquisition by Avedon Capital Partners in 2017.
10 years ago, Sping (Ventures) became a shareholder in VisionsConnected and witnessed the complete journey from startup to acquisition.
Specialists in audiovisual, videoconferencing and collaboration solutions join forces
Amsterdam and Stavanger, September 14, 2017 — Avedon Capital Partners announced the acquisition of Viju and VisionsConnected. The ambition was to merge the two companies into a leading global player in visual collaboration, specializing in the design, installation, maintenance, and support of physical and virtual meeting environments.
The combined company serves businesses and institutions in the public sector across more than 100 countries, with headquarters in Amsterdam and operations throughout EMEA, the United States, and the Asia Pacific region. A new brand identity reflecting the evolution of both companies was expected to be introduced in early 2018.
Also a success story for Sping
This acquisition represented a significant success for Sping’s expertise in startups and venture participation. Beyond software and business development, this demonstrated Sping’s commitment to entrepreneurship and innovation.
Throughout the decade, Sping supported VisionsConnected through product development, custom software engineering, research and development, and innovations in web and video technology. Following the acquisition, Sping remained involved as a partner for software development and ongoing innovation initiatives.
Jeroen Verdonk, director of Sping Ventures, reflected on the partnership: “It has been a wonderful adventure to help build VisionsConnected into the leading player it is today.”
