Bothell-based business grows in global market

A local company that leads the nation in bus video surveillance recently expanded its global reach through a merger with an international technology group.

Apollo Video Technology, a Bothell-based company, recently announced its merger with Luminator Technology Group. The merger has allowed Apollo to expand its presence on the global market and pursue bigger projects.

“They (went) from being owned by two individuals to a larger multi-billion-dollar private equity firm and a large parent company,” said acquisition lead, Brian Murphy of Meridian Capital. “This provides the company with a larger balance sheet should they want to pursue more aggressive initiatives going forward.”

Apollo has been the No. 1 supplier of transit bus mobile video surveillance equipment in the Americas since 2010 based on annual sales revenue, according to the IHS Markit mobile video surveillance and body worn cameras report.

The company also provides vehicle surveillance systems to the government, military, law enforcement and first-responders.

Rodell Notbohm, CEO and founder of Apollo, said that the company is currently focusing on expanding the European market.

“This is a great success story, I’m really glad I can be a part of it,” he said.

Advertising in the European wasn’t a worthwhile investment before the merger, according to Notbohm, but Luminator, which has several European offices, made it possible.

Luminator provides technologies and products, such as Apollo’s surveillance systems to bus, rail and aerospace manufacturers. They also provide passenger information and metro-transit data.

The company felt that Apollo’s systems were a good addition to the product line and could improve data accessibility.

“We are proud to welcome Apollo Video to the LTG family,” said Avi Zisman, chairman of the board for Luminator in a press release. “Apollo Video’s long-standing commitment to providing state-of-the-art technology solutions in the transportation sector is a perfect match to enhance our technology offerings and services to our mutual customers.”

According to Murphy, the merger process began in late 2016 after Meridian Capital, which Apollo hired to review partnership options. The company provided Apollo with several options.

Meridian Capital had been working with Apollo for more than two years looking for companies that would meet their key objectives.

Murphy said that Apollo wanted a partner that would support their technology efforts, has similar relationships in government or municipalities and would both give shareholders liquidity and allow the two main shareholders to keep meaningful ownership stakes in the business.

Meridian Capital narrowed the search and Apollo decided that Luminator was the most “attractive option,” according to Murphy.

Notbohm said that while Luminator wasn’t the highest offer, he felt it was the best fit for the company long term.

“We are honored to be a part of Luminator Technology Group and look forward to collaborating with others within LTG to integrate complementary technologies,” said Notbohm in a press release. “This will strengthen our goal of providing transit agencies and transportation providers with access to even more sophisticated, fully-integrated solutions.”

Notbohm received the EY 2017 Pacific Northwest Entrepreneur Of The Year Award last month for his work as the Apollo CEO. Notbohm said he’s been happy to see the company grow organically.

“There are a lot of people in the Puget Sound area who want to make a difference,” Notbohm said. “If you can show you’re making a difference, you can attract some really talented people.”


In consideration of how we voice our opinions in the modern world, we’ve closed comments on our websites. We value the opinions of our readers and we encourage you to keep the conversation going.

Please feel free to share your story tips by emailing editor@bothell-reporter.com.

To share your opinion for publication, submit a letter through our website https://www.bothell-reporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 300 words or less, we won’t ask you to shorten it.

More in Business

Bay Area bio-tech firm to open production plant in Bothell

Lyell Immunopharma is investing $50 million in a new manufacturing facility that will employ about 100.

BMW X3 xDrive 30e. Courtesy photo
BMW X3 xDrive 30e | Car review

With forces like BMW pushing, it’s only a matter of time before… Continue reading

2020 Dodge Charger Hellcat SRT. Courtesy photo
2020 Dodge Charger Hellcat SRT | Car review

OK folks, buckle your seatbelts. This week’s tester is the 2020 Dodge… Continue reading

Free ‘safe start’ supply kits for local businesses July 14

Small businesses can get free cloth masks, disposable masks and hand sanitizer

A new measure from the King County Council could increase flexibility for businesses in rural areas of King County. File photo
County measure would increase flexibility for businesses in rural areas

Staff report Legislation the King County Council passed June 23 could lead… Continue reading

Snoqualmie Casino is located at 37500 SE North Bend Way, Snoqualmie. Courtesy photo
Snoqualmie Casino reopens June 11 with social distancing, other safety measures

Staff report Snoqualmie Casino will reopen to the general public at 6… Continue reading

Like similar businesses across King, Snohomish and Pierce counties, Bothell restaurant Hana Sushi closed due to public-health concerns. Sound Publishing file photo
Inslee changes course, says diners won’t have to sign in

Restaurants may still ask customers for information that contact tracers could use to stop an outbreak.

Businesses, nonprofits asked to participate in COVID-19 impact survey

Regional effort in King, Snohomish and Pierce counties

Construction worker installs siding to a building in Snoqualmie. File photo
Inslee gives construction a green light

It was unclear when sites would re-open, but employees will have to have PPE and stay six feet apart.

Report shows severity of COVID-19 impacts on hotels nationwide

70% of employees laid off or furloughed, eight in 10 hotel rooms empty