15th September 2016
PCS2 acquired $35 million of the March 2021 senior secured floating rate notes of Vizrt.
Founded in 1997, Vizrt is a Norwegian company owned by Nordic Capital. Vizrt provides advanced graphical solutions enabling broadcasters to create high-end graphics for live TV; primarily news, sport and weather. This includes interactive and virtual solutions, animations, maps, sports analysis, weather, story and video editing and live playout tools.
The Company’s products are used by world-class production houses and corporate institutions such as CNN, BBC, Fox, Sky, CBS, NRK and TV2, as well as the New York and London Stock Exchanges. Vizrt has provided graphics for most major sporting events on a global basis, including the Super Bowl, Sochi Winter Games and FIFA World Cup.
Vizrt has a global revenue base with customers in more than 100 countries worldwide.