XL Video Group Holdings has secured a major new investment of €19m (£16.5m) from Belgium-based private equity and venture capital company, Gimv-XL.
The company says the move will ensure that its award winning international video rental operation will stay at the forefront of the world of live entertainment visuals.
XL CEO and co-founder René De Keijzer said: "We are all very enthusiastic about the new partnership and the opportunities that it will bring.
"In the immediate future it will allow us to make major investments in new technologies and, longer term, allow us to strengthen our position in the marketplace and move forward with our medium term expansion strategies in Europe and the US."
XL Video Group includes XL's global video rental enterprises and also its LED and product design and manufacturing arm, XL Technologies.
Supplier: XL Video UK Hemel HempsteadHertfordshireUK XL Video specialises in the provision of video hardware and production packages for four areas of the entertainment and leisure industries - live events and festivals, concert touring, theatre shows and corporate presentations. Web: www.xlvideo.tv
Find the right
products and services for your company
News
search
Advertise your products on the leisure-kit Product Report And reach over 57,000 leisure buyers Call +44 (0)1462 431385
SM People
Huw Edwards says physical activity sector adapting to lockdown and Bill Sweeney wants rugby to play a major role in re-energising communities View feature>>
The Life Fitness family of brands offers an unrivalled product portfolio, providing customers with access to tailored solutions they need to target every segment of the fitness market. View full profile>>
To advertise your product and reach over 57,000 leisure buyers call +44 (0)1462 431385 or
email[email protected]
Sportjobs
Powered by leisureopportunities.com
Leisure Centre Duty Manager Salary: £24,687.57pa + pension + health care + benefits Location:Uppingham, Oakham, UK Company: Uppingham School More>>
Leisure Supervisor (Development) Salary: £32,982 - £37,099pa + excellent pension and benefits Location:London, UK Company: City University of London More>>
While British adults are the most active they’ve been in a decade, health
inequalities remain with the same groups missing out, according to Sport
England’s latest Active Lives Adults Report. More>>
Short-term incentives for exercise, such as using daily reminders, rewards or games, can lead
to sustained increases in activity according to new research. More>>