SMERemediumCap is pleased to announce the successful completion of the fundraising for its successor investment fund, SMERemediumCap II, having raised €200 million. The firm’s total assets under management now exceed €340 million.

Given the strong investor interest in SMERemediumCap II, which surpassed the initial target, the full amount was raised in the first closing. Consequently, there will be no subsequent capital increase in the future.

This new investment initiative was supported by the Hellenic Development Bank of Investments, the EBRD, the Black Sea Trade & Development Bank, domestic banks, and an additional 30 Greek institutional investors, including insurance companies, pension funds, and a significant number of family offices.

Despite recent improvements, Greece continues to face a substantial investment gap, which constrains productivity growth and delays technological upgrading.

Today, there are approximately 2,700 companies with annual revenues between €10 million and €100 million, forming the backbone of the Greek economy. However, the majority lag behind in productivity, digital transformation, international expansion, adequacy of infrastructure, modern organizational and management structures, the degree of ESG principles implementation, and the reliability of their financial statements.

Our strategic objective is to contribute capital, know-how, growth and modernization strategy, and market access to enable the fastest and most effective corporate transformation required by today’s market conditions.

The investment philosophy of SMERemediumCap II is defined by five core investment commitments:

• To accelerate mergers and acquisitions among small and medium-sized enterprises, creating stronger corporate structures with an export orientation and the capacity to amortize and finance significant investments.
• Να στηρίξουμε με μετοχικά κεφάλαια ελληνικές μικρομεσαίες επιχειρήσεις με ισχυρό αναπτυξιακό αφήγημα και επιχειρηματικές δυνατότητες που δεν έχουν ακόμη αναδειχθεί,
• To strengthen companies with mature investment plans that lack access to capital and liquidity or are overleveraged.
• To support family-owned businesses facing succession challenges and that are ready to accept an institutional shareholder in their equity and operations.
• To provide the necessary capital to companies with strong export potential and/or a need for technological upgrading and a gradual transition to the green economy.

SMERemediumCap is not a passive investor. It seeks to acquire a significant equity stake and maintains an active role in shaping each company’s strategy, in collaboration with other shareholders, particularly with respect to the development of the business plan, medium-term strategic priorities, and the investment plan of each target company in which it invests.

SMERemediumCap I, established in 2020, has completed its investment cycle and has acquired strategic equity stakes in a number of leading Greek companies, primarily outside Athens, offering branded and high-quality products and services across five key pillars of the economy:

• Food & Beverages (including legume and healthy nutrition companies Arosis, Gis Voïou, Organic 3S; olive oil group The Olive Legend Group comprising Latzimas, Lasitia, and Olympia Green; soft drinks company EPSA; and Dios bottled water, in cooperation with EOS fund and Mr. Spyros Theodoropoulos).
• Business Services – Facility Management & Energy Services (including CORDIA and ESA Security Solutions, in cooperation with the family office of Ms. Marianna Latsis).
• Industry, with Doppler, a predominantly export-oriented company specializing in elevator solutions.
• Tourism: Patmos Aktis, a Luxury Collection Resort & SPA, in strategic cooperation with Marriott, as well as the innovative hotel loan portfolio Tethys (co-investment with the family office of Mr. Thanassis Laskaridis and the Brown group).
• A nationwide network of veterinary clinics, Plakentia and affiliated companies.

The management company applies best practices in corporate governance, transparency, and accountability across all its portfolio companies. It plays a decisive role in fostering an attractive, people-centric, and meritocratic working environment; improving governance, transparency, reliability, and organizational structures; shaping excellent conditions for cooperation with co-investors; and providing a comprehensive investor reporting framework.

At SMERemediumCap, Executive Chairman is Mr. Nikolaos Karamouzis, Managing Partner is Mr. Theodoros Moschos, and Senior Partners are Messrs. Giorgos Braimis, Ilias Malandris, and Stavros Blatsios, executives with extensive professional experience and deep market knowledge. Senior Operating Partners are Mr. Michalis Tsamaz and Ms. Lila Petraki-Grammenidou.

The firm’s team is completed by six highly capable Junior Partners and Associates. The majority of its professionals have many years of executive experience in the real economy and industry.

Reprinted from the SMERemediumCap Press Release: https://smeremediumcap.com/2025/12/10/%ce%b4%ce%b5%ce%bb%cf%84%ce%af%ce%bf-%cf%84%cf%8d%cf%80%ce%bf%cf%85/

Over 90 employees from ESA Security Solutions and CORDIA Facility & Energy Solutions walked a 2km route through the center of Athens, in a day filled with hope, strength, and solidarity.

At ESA, health, prevention, and social contribution are core values we bring to life every day.

Because together we are truly stronger.

As an active member of the Alliance, ESA contributes to shaping European AI policies, ethical frameworks, and technological priorities, while also representing the voice of the Greek private security sector with credibility and responsibility. This membership provides access to cutting-edge research initiatives and emerging technologies before they reach the market, enabling ESA to integrate them rapidly and effectively into its services.

At ESA, technology doesn’t replace people, οn the contrary it empowers them. Our use of AI is grounded in respect for privacy, fundamental rights, and the European ethical framework, delivering measurable value to clients and meaningful impact to society.

This summer, ESA proudly supported the Celebrity Beach Volleyball Game at Chester Club by offering its security services free of charge to ensure the safe and smooth operation of the event.

For us at ESA, safety goes beyond physical protection. It includes respect for human dignity, equality, and the right to feel safe in every aspect of life.

Gender-based violence remains a persistent and deeply concerning issue. As both a security provider and an employer, ESA is committed to promoting safe and respectful spaces for our people, our clients, and society at large.

ESA remains committed to shaping the future of security with innovation, strategic thinking, and a strong focus on people.

This certification reflects a workplace culture built on trust, respect, and inclusion. It confirms our ongoing commitment to creating an environment where employees feel valued, heard, and empowered to grow.

We sincerely thank all our ESA team members for making our company a place where work is meaningful and collaboration drives our everyday success.

Their collaboration focuses on the development and integration of advanced systems into security plans, utilizing combined and customized solutions that incorporate both aerial and ground drones redefining surveillance and monitoring. Simultaneously, the partnership focuses on creating specialized drone equipment and robotic systems of Greek manufacture, designed to meet the unique demands and needs of the security and guarding sector.

Special emphasis is also placed on research and the utilization of Artificial Intelligence (AI) for autonomous navigation and image processing (computer vision) applications, enhancing the operational capabilities of these advanced security systems. To ensure seamless integration into real-world operations, the partnership also includes specialized training programs for drone pilots and security personnel, conducted at dedicated training centers.

Mr. George Mathios, Vice President of the Board of Directors and CEO of ESA Security Solutions , emphasizes: “ Our strategic partnership with ALTUS is a significant step towards implementing our strategy for providing a hybrid security model, where humans, technological tools, and modern processes collaborate harmoniously within a high-tech ecosystem with artificial intelligence, aiming to provide advanced physical security services with an improved cost-benefit ratio for our clients. However, the opportunity to develop expertise of this level in Greece is what makes this even more important for us.”

Mr. Zacharias Sarris, CEO of ALTUS LSA , comments on this collaboration: “Our partnership with ESA Security Solutions highlights the potential of Greek technology and its strategic use in the security sector. By combining the innovation of the advanced drone systems and robotic solutions we provide, with the expertise of ESA’s workforce, we are co-creating new, pioneering capabilities for surveillance and defense. At the same time, we are strengthening the domestic Research & Development industry, contributing significantly to establishing Greece as a hub of technological innovation and a leader in the security sector. Together, we are shaping the prospects that will redefine the future of security.”

This partnership actively and dynamically strengthens Greece’s Research & Development (R&D) industry in high technology, as both ESA and ALTUS LSA are 100% Greek companies. The shareholders of both companies (Latsco Family Office (LFO), Investment Fund SMERC, VNK Capital Investments, M & Z. Sarris and Management) share a broader strategic vision of showcasing Greek technological excellence by systematically investing in high-quality innovative technological solutions.

ESA Security Solutions and ALTUS LSA are jointly shaping a strong innovation ecosystem, which not only strengthens Greece’s position on the international stage of security and drone technology but also creates new opportunities for the country to lead technological progress in the security sector.

In this mission, ESA stands by Save–a–Greek–Stray consistently, supporting its work and reinforcing every step it takes. Thanks to this support, the organization can continue offering opportunities for a better life to animals in need. It strengthens care, sterilization, and the adoption of strays, contributing to the creation of a world where every animal will receive the love and care it deserves.

This year, ESA sponsored once again the annual event of this animal welfare organization, the 5^th exclusive Save-a-Greek-Stray party, themed: Paws in Paris. A special event dedicated to raising awareness and promoting animal welfare culture.

At ESA, we consider it our responsibility to stand by actions and initiatives that make the world safer and more welcoming for everyone!

With the central theme “Security 360°: Technology Shields, Man Leads,” the conference highlighted the importance of seamless collaboration between technology and human expertise in risk management, physical security and cybersecurity, as well as the integration of cutting-edge technological tools and methods.

At the ESA stand, the experienced team of ESA Security Solutions engaged with visitors, presenting innovative security solutions that combine AI, advanced security systems, and human expertise, offering a holistic approach to security.

Moreover Leonidas Petavrakis, ESA Product Manager, participated in the Technology Session of the conference with a highly insightful presentation, “AI Behavior Analytics – Practical Application.” He explored how Artificial Intelligence can detect suspicious behavioral patterns in real time, enhancing incident prevention, risk mitigation, and crisis management, even in high-risk environments.

Behavior Analytics is a game-changing tool that is transforming security, introducing an innovative model where technology and human expertise collaborate effectively to safeguard organizations.

ESA Security Solutions is committed to innovation and progress, actively contributing to projects and initiatives that shape the future of security.

During his speeches at both events, CEO George Mathios shared key highlights from the past year and outlined the company’s vision for the future to provide a hybrid security model where People, Technological Means, and Modernized Processes work together harmoniously within a high-tech and artificial intelligence ecosystem. The goal is to deliver advanced physical security services with an improved cost-effectiveness ratio for the company’s clients. For Mr. Mathios, the opportunity to develop expertise of this level in Greece is what makes it even more important. Above all, he highlighted the power of teamwork and collaboration as the foundation for progress.

In Athens, as part of ESA’s commitment to recognizing and supporting its people, Mr. Mathios also honored the top student among the children of ESA employees, a symbolic gesture celebrating academic excellence and the dedication of the next generation. The evening’s positive atmosphere was amplified by a live performance from the band “Passepartout,” keeping the energy high and making sure everyone had a great time!

As for the corporate event in Thessaloniki, which brought together the Northern Greece ESA team for a meaningful and engaging occasion at Electra Palace, the gathering combined a warm and relaxed setting with key discussions about the company’s future. Employees had the opportunity to connect with management, exchange ideas, and gain insights into upcoming developments. Mr. Mathios reinforced the company’s dedication to innovation and teamwork, ensuring that every team member is an integral part of ESA’s growth.

“Bringing everyone together for these events is an opportunity we truly value,” said Mr. Mathios. “They’re a chance to celebrate how far we’ve come, connect as a team, and look forward to the exciting journey ahead.”

With a leading presence across Greece, ESA Security Solutions continues to foster a dynamic and supportive work culture, recognizing that its people are at the heart of its success. As the company moves forward, it remains committed to innovation, collaboration, and setting new standards in the security sector.