Kartesia completes first KSO transaction in Switzerland with investment in Navori
Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce that it has provided a flexible financing solution to support Maguar Capital’s (“Maguar”) investment in Navori Labs (“Navori” or “the Company”). This marks Kartesia’s second deal with Maguar, following an investment in the Austria-based software and IT services provider Navax.
Founded in 1998 and headquartered in Switzerland, Navori is a globally recognised leader in digital signage software. Its advanced platform enables businesses to effortlessly create, manage, and display multimedia content across multiple screens. As an industry leader, the Company broadly covers sectors like retail, quick-service restaurants, corporate communication, and transportation. Navori’s solutions are distributed through a global network of partners, including distributors, operators, and resellers, across more than 150 countries.
Building on Navori’s impressive historic growth, the investment aims to expand its market share, deepen customer relationships, and support strategic acquisitions across the Americas, Europe, and the Asia-Pacific region. The highly fragmented market presents significant opportunities for accelerated growth, both organically and through targeted acquisitions, to broaden Navori’s geographic footprint and product offerings.
Capital for the transaction has been provided from Kartesia’s Senior Opportunities’ funds, marking the first deployment of the KSO strategy in Switzerland and the first CHF funding. The deal team consisted of Sebastian Afflerbach, Nico Wellm and Daniel Kaltenecker.
Sebastian Afflerbach, Associate Director at Kartesia, commented: “We are delighted to close this latest KSO transaction, reflecting the strong origination network Kartesia has built across Europe and in the DACH region. Maguar is an experienced investor in the DACH software market and Navori has a proven track record of delivering proprietary solutions for its customers, giving us full confidence to support this partnership. We look forward to expanding our scope of work with Maguar as Navori continues to expand in its target markets.”
Matthias Ick, Founding Partner at Maguar, added: “We are thrilled to partner with Navori Labs to support its continued growth and strengthen its position as a global leader in digital signage software. We are equally pleased to have secured a flexible financing partner in Kartesia, who recognised the growth potential of the Company from the outset. Their quick feedback and swift execution were instrumental in navigating a complex cross-border process seamlessly.”