
SCD Advisory is pleased to announce that it has advised Viostream, a leading provider of an enterprise grade, live and on-demand video platform, on its sale to Banyan Software.
Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, is excited to announce the acquisition of Viostream from Atlas Equity Partners and Bloom Equity Partners.
Established for over 20 years, Viostream is a leading Australian provider of a centralized video library platform allowing users to group, organize and tag videos. Its video hosting transforms the way companies manage content online with unmatched enterprise security. Businesses have a wide range of uses for video, whether it be sharing an internal team call, communicating a product on the website, sharing a pitch deck for potential customer or investor communications. Viostream offers a highly secure, smooth painless user experience to manage all video content.
“I’m thrilled to welcome the Viostream team to the Banyan Software family. I’m looking forward to working with the team to provide even greater value to its customer base while exploring avenues for further growth.
Joining the Banyan group marks an exciting new chapter for Viostream. The investment process can be uncertain, yet from the beginning, we saw an investment thesis that made it clear Viostream’s future will shine the brightest with Banyan. We look forward to working with the Banyan team and leveraging their expertise to accelerate innovation and growth. Our customers are the core of Viostream, and we see this as a fantastic opportunity to continue and expand the value we provide to them. We can’t wait to see this opportunity unfold.
It’s been a great pleasure working with Paul and the rest of the Viostream team over the last few years. We are excited for the new owners to shepherd the business through its next chapter.
We are delighted to celebrate the many successes achieved during our partnership with Viostream. We are proud of Viostream’s growth as a leading enterprise video solution and look forward to following their continued progress with Banyan as their new partner.”
With respect to SCD Advisory’s role in the transaction, Bart MacDonald from Bloom Equity Partners (NYC) commented:
We could not have imagined a better partner than SCD Advisory to guide us throughout this process: Pierre and his team combined local expertise with x-border experience to execute this multi-geography deal with a very collaborative attitude and around the clock work ethic.
Jay Vasantharajah from Atlasview Equity Partners in Canada added:
SCD Advisory’s unparalleled transaction experience within the People and IP-based industry was invaluable in selling our software business in Australia. We are extremely pleased with the results and would highly recommend SCD Advisory to execute an M&A deal.
Pierre Briand, founder of SCD Advisory concluded:
It was a privilege and pleasure working with Viostream and their Financial sponsors and finding the right partner for them. We wish Viostream and Banyan software all the best for this new venture. For SCD, it is the 2nd sale of a software business within 6 months, confirming the M&A momentum of this sector we know intimately
At SCD Advisory, we offer a range of services from deal preparation to transaction execution. Contact us at info@scdadvisory.com to find out more.
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