Target Company Overview

MZ TECHNOLOGIE, founded in 2020 amidst the COVID-19 pandemic, is based in Gennevilliers, Île-de-France. The company is a leader in contactless and holographic touch technology that minimizes virus transmission. MZ TECHNOLOGIE has garnered the Bpifrance Excellence label in 2022 and has developed patents enabling touchless interaction in the air, applicable across multiple sectors.

The company's innovative solutions render traditional touch points such as stop buttons in transportation, digital keypads, and screens entirely contactless. Applications include digital service kiosks, airport check-in and ordering stations, and coffee machine screens. Their technological expertise sets them apart in the emerging market, being one of the few players focused on small-sized screens under 32 inches.

Currently, MZ TECHNOLOGIE is commercially deploying its solutions with approximately ten clients, including major corporations, while also forming distribution partnerships with key players in consumer equipment, transportation, and security.

Industry Overview in France

The French technology sector has seen remarkable growth, particularly in the wake of the pandemic, which accelerated digital transformation and innovation in various industries. As businesses and consumers increasingly seek solutions that ensure safety and seamless interactions, contactless technology has gained prominence. Companies like MZ TECHNOLOGIE are well-positioned to capitalize on this trend, owing to their unique offerings.

France's emphasis on health and safety protocols has further amplified the demand for advanced technological solutions that reduce physical contact. The growing awareness of hygiene, especially in public spaces like airports and transportation hubs, has created a lucrative environment for companies focused on contactless technologies.

Additionally, the booming interest in biometrics and secure identification solutions aligns well with technological advancements. Collaborative efforts among tech firms can drive innovation in secure solutions for both government and private sectors, enhancing operational efficiency while addressing security concerns.

The support from the French government in fostering technology development and innovation through initiatives like Bpifrance has also positively influenced the industry landscape. This has attracted investments and encouraged startups to embark on developing cutting-edge technologies.

Rationale Behind the Deal

The recent capital increase involving IN GROUPE's participation marks a strategic move to fortify the partnership between MZ TECHNOLOGIE and IN GROUPE. The collaboration is essential in enhancing their combined capabilities to deliver advanced identity solutions and secure services in sectors like identity verification and airport operation.

The investment will not only provide MZ TECHNOLOGIE with additional resources to expand its technology and market reach but will also allow IN GROUPE to leverage MZ TECHNOLOGIE's innovative contactless solutions, catering to the growing demand for hygienic and secure technology in various sectors.

Investor Information

IN GROUPE is a high-tech company and integrator of comprehensive biometric identity solutions and secure services tailored for government, business, and citizen needs. With a focus on innovation in security and identity management, IN GROUPE plays a vital role in providing technologically advanced solutions to its clients.

This partnership with MZ TECHNOLOGIE aligns with IN GROUPE's commitment to enhancing the efficiency of public services and ensuring safety through technology. By investing in MZ TECHNOLOGIE, IN GROUPE positions itself at the forefront of the contactless technology market, enabling it to tackle future challenges and demands in the sector effectively.

View of Dealert

The investment in MZ TECHNOLOGIE by IN GROUPE is viewed positively given the strategic synergy between the two entities. The growing demand for contactless solutions due to increased health and safety awareness bodes well for MZ TECHNOLOGIE's market positioning.

Additionally, MZ TECHNOLOGIE's innovative patents and unique solutions provide a competitive edge in the tech landscape, specifically as industries move towards digitization and enhanced safety protocols. This positions them favorably to capture market share in both the public and private sectors.

Furthermore, the ongoing partnership and shared goals between IN GROUPE and MZ TECHNOLOGIE should foster collaborative innovation, ensuring sustainable growth for both companies. Investing in such a promising venture not only aligns with IN GROUPE's strategy but also contributes to the expansion of a crucial segment in the tech industry.

In summary, this deal represents a visionary step towards integrating cutting-edge technology with secure identity solutions, and it is anticipated to yield positive returns for both parties in the long-term growth of the industry.

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