Beta Capital, Nonius’ largest shareholder, sold its stake in the company, together with the other institutional shareholders, by an MBO operation led by the company’s founders António Silva and Leonel Domingues with the support of a financial investor.
In 2005, Beta Capital was the first institutional investor to enter Nonius’ capital. Since then, it has always maintained a close relationship with the management team in the definition and implementation of strategic vectors and action plans that have allowed Nonius to build a leading position in the Portuguese market, strengthen operations in Europe and become one of the largest players in Brazil.
Over the 10 years of Beta Capital’s investment, Nonius recorded continuous and consistent growth, from a turnover of 50 thousand euros in 2005 to around 7 million euros in 2015, with a portfolio of more than 850 customers and present and in more than 110,000 rooms spread across different geographies, currently appearing in the top 10 worldwide Hospitality Technology companies.
After completing this operation, António Silva, CEO and founder of Nonius, pointed out:
“We are grateful for the support that Beta Capital has given us since 2005 … particularly during the early years. (This operation) is a good example and I leave the challenge to Beta to contribute to more cases similar to Nonius. “
Regarding the operation Roberto Branco, CEO and founder of Beta Capital, said:
”Nonius is an example of a successful company that will be linked to the history of Beta Capital. Since the beginning, Nonius has been exceeding its objectives and growing in a sustainable way. To the management team, António and Leonel, I congratulate the company that they knew how to build and I hope that success is now verified to continue, on the way to the leadership of Hospitality Technology companies ”.