Acquisition History / Divisadero Capital (Fernando Garcia Benavides) / Visual Counter
Divisadero Capital (Fernando Garcia Benavides) Acquires Visual Counter
Announced December 16, 2025 — approximately EUR8M in revenue in 2024, with an EBITDA of EUR3.5M
What happened
Spanish search fund Divisadero Capital acquired Visual Counter, a Madrid engineering company that designs and manufactures people-flow counting and customer-behaviour analytics systems deployed in tens of thousands of locations across more than 80 countries.
- Target
- Visual Counter
- Announced
- December 16, 2025
- Price
- approximately EUR8M in revenue in 2024, with an EBITDA of EUR3.5M
- Industry
- People-counting sensors and analytics
- Buyer type
- Search fund
- Fund vehicle
- Divisadero Capital
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Divisadero Capital (Fernando Garcia Benavides) acquire Visual Counter?
Divisadero Capital (Fernando Garcia Benavides) acquired Visual Counter on December 16, 2025. This was Divisadero Capital (Fernando Garcia Benavides)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Divisadero Capital (Fernando Garcia Benavides) pay for Visual Counter?
Divisadero Capital (Fernando Garcia Benavides) paid approximately EUR8M in revenue in 2024, with an EBITDA of EUR3.5M for Visual Counter.
What does Visual Counter do?
Spanish search fund Divisadero Capital acquired Visual Counter, a Madrid engineering company that designs and manufactures people-flow counting and customer-behaviour analytics systems deployed in tens of thousands of locations across more than 80 countries.
What other People-counting sensors and analytics companies has Divisadero Capital (Fernando Garcia Benavides) acquired?
Visual Counter is Divisadero Capital (Fernando Garcia Benavides)'s only publicly tracked acquisition in People-counting sensors and analytics so far.