Surys

Trusts Cathay Capital

Remember the holograms of Senator Palpatine and Princess Leia in Star Wars!

Hugues Souparis created Surys in 1984 with a vision: Jules Verne’s dream of holography will become the safest science to authenticate and secure money, ID documents, vehicles, products, brands… in sum, all the material traces of our identity and exchanges. Hologram Industries was born. In 2015, the company changed its name to Surys.

Building trust through science, what better vocation?
And how close to the investor’s vocation of creating trust through capital?

In 2013, the company had already grown through acquisitions in Holland, Germany and the USA. It lacked access to the Chinese market though. That is why Cathay invested 15 million at the request of Surys’ founder, thus becoming a minority shareholder of this leader in optical and digital solutions. Thanks to its technological lead, Surys won the contract to secure Chinese passports, a feat in a very disputed and sensitive market due to the national sovereignty dimension. Holography is simultaneously opening new strategic segments around brand authentication and product traceability, bringing key new assets to bear in the fight against global counterfeiting.

In 2017 sales reached 280 million euros with an EBITDA of 40 million euros.

At the end of 2019, IN Group (formerly Imprimerie Nationale), a global specialist in identification and secure digital services, announced the acquisition of Surys. The pioneer acquired by its own customer.

Cathay exits the company with an IRR of 14.3%. 40 years after its creation in Bussy-Saint-Georges in Seine-et-Marne, Surys secures 1 out of 2 passports worldwide, it authenticates identity cards in Peru, Angola or Qatar, secures banknotes in the Philippines, Lebanon, Thailand or Brazil, protects vehicle registrations in Poland, Honduras, Ivory Coast or the USA, it manages the world’s largest identity document database and shares its scientific and technological leadership in 130 countries.

Cathay is at the heart of the world’s top 3 economies: by opening up our Chinese ecosystem to Sury’s founder, engineers and developers, we have helped to strengthen the commercial leadership of a French champion in the high value-added technology industry.

Cathay’s and entrepreneurs’ minds meet in believing in the power of their ideas: when Hugues Souparis asked us to join him as minority shareholders in Hologram Industries in 2013, he knew what his company’s technological leadership would bring to the Chinese market.

Cathay is at the crossroads of global trends transforming markets: the ideas that change the world are not made in China, made in France or made in the USA, they are made in Brains. We are here to connect them to each other and to the markets, through the capital we invest and through our cross-border culture and ecosystem spanning 4 continents.

Cathay Capital

OFFICES & CONTACTS

For all general inquiries, please contact us at [email protected] or call the Paris office at +33 1 42 25 28 00

Paris Office
52 Rue d’Anjou
2nd Floor 75008 Paris FRANCE
Tel: +33 1 42 25 28 00
Fax: +33 1 58 28 52 25
Email: [email protected]

Shanghai Office
3001-3002 Kerry Parkside,
No.1155 Fangdian Road Pudong Shanghai P.R. CHINA
Tel: + 86 21 6888 8069
Fax: + 86 21 6888 8079
Email: [email protected]

Beijing Office
2317-2318, Beijing Kerry Centre,
No.1 Guang Hua Road, Beijing P.R. CHINA
Tel: +86 10 6505 6277
Fax: +86 10 6505 6297
Email: [email protected]

New York Office
150 East 52nd Street, 20th Floor
New York, NY 10022 – 4608 – USA
Tel: +1 212 858 9020
Email: [email protected]

San Francisco Office
Cathay Innovation
101 Mission Street,
Suite 1630
San Francisco, CA 94105, USA
Email: [email protected]

Munich Office
Cathay Capital Advisory GmbH
Theatinerstraße 7
80333 Munich GERMANY
Tel: +49 89 26 20 446 10
Email: [email protected]

Singapore Office
5 Shenton Way,
#22-04, UIC Building,
Singapore 068808
Email: [email protected]

Tel Aviv Office
Cathay Innovation
Hanechoshet St.6
Tel Aviv
Yafo 69710
Email : [email protected]

Cathay Capital Group is a global investment platform specialized in cross-border development with a focus on Northern America, China, Europe and Africa. The group identifies investment opportunities with the potential to impact the world and accompanies portfolio companies in their international expansion through its ecosystem of partners and the local expertise.

RECEIVE OUR NEWSLETTER

FOLLOW US

Copyright © 2020 Cathay Capital | All rights reserved