08/07/2026 | Press release | Distributed by Public on 08/06/2026 22:30
August 7, 2026 -CriticalPoint is pleased to announce that it served as the exclusive financial advisor to RadiusAI, Inc. ("RadiusAI") on the sale of its Viztel platform ("Viztel") to Everseen Limited ("Everseen"), a portfolio company of Crosspoint Capital Partners.
RadiusAI is the developer of a proprietary computer vision and artificial intelligence ("AI") platform for the retail sector, with two primary solutions: Viztel and ShopAssist. Viztel is an enterprise-grade retail intelligence platform that transforms a retailer's existing security camera infrastructure into an actionable data layer, providing store performance analytics, loss prevention, customer journey insights, and inventory management without requiring new hardware. ShopAssist is an AI-powered checkout platform that uses multimodal recognition to identify items without manual scanning.
Everseen's acquisition of Viztel enhances its existing checkout and loss prevention capabilities, giving retailers a single intelligent view of the entire physical store. The combination creates a unified vision AI platform spanning checkout, shelves, inventory, store operations, workforce productivity, and customer journeys.
"Viztel deserved an owner with the scale to take it global, and in Everseen it found exactly that. CriticalPoint ran a disciplined, competitive process and executed with speed and precision from first outreach to closing. Michael and his team were relentless in the best sense of the word, and their steady guidance made CriticalPoint a trusted advisor throughout the process," said Kamal Bherwani, Interim Chief Executive Officer of RadiusAI.
CriticalPoint served as the exclusive financial advisor to RadiusAI in connection with the transaction. The transaction highlights CriticalPoint's expertise in advising companies and their stakeholders through complex strategic transactions.
If you would like more information about CriticalPoint or have questions regarding this transaction, please contact:
Michael V. Balistreri
Managing Director, Special Situations
Direct: (347) 380-0612
[email protected]
Brendan Gorman
Vice President
Direct: (424) 567-6193
[email protected]
About RadiusAI
RadiusAI is the developer of a proprietary computer vision and AI platform for the retail sector, with two primary solutions: Viztel and ShopAssist. Viztel is an advanced computer vision platform that transforms existing physical retail camera infrastructure into actionable business intelligence. Specializing in customer journey analytics, shopper tracking, and store-wide operational visibility, Viztel captures real-time behavioral insights from anonymized data, without capturing personally identifiable information, from the moment a customer enters the store. ShopAssist is a dedicated VisionAI terminal that replaces the traditional barcode scanner with swipe- and point-free recognition of more than 10,000 SKUs in under one second, even when items are stacked, obscured, or placed in varying orientations. Supporting assisted- and self-checkout, the platform manages multiple lanes, alerts cashiers to age-restricted purchases, and automatically learns and deploys new items across the store network.
About Everseen
Everseen is a global leader in Vision AI that helps retailers enhance customer experiences, streamline store operations, and reduce retail loss. Trusted by 11 of the top 20 global retailers, its technology is deployed across more than 150,000 checkouts and 10,000 stores worldwide. The Everseen Vision AI Platform delivers real-time insights that create smoother shopping experiences, improve operational efficiency and recover lost revenue. For more information, visit everseen.com.
About CriticalPoint
CriticalPoint provides tailored financial solutions through a trusted platform, combining the best of Investment Banking and Private Capital. Backed by decades of diverse transaction experience, the CriticalPoint team delivers the insights clients and stakeholders need to achieve superior outcomes. Founded in 2012 by senior M&A professionals with a passion for deal-making, CriticalPoint stands out for its deep expertise in Investment Banking-including mergers and acquisitions, capital markets, deal sourcing, special situations, and valuation advisory-as well as in Private Capital investing, with a focus on corporate divestitures and special situations. When business owners, management teams, private equity firms, and corporate sellers reach a defining moment across a range of industries, they rely on CriticalPoint's proven expertise. For more information, visit criticalpoint.com.
Messrs. Balistreri and Gorman are Registered Representatives of, and Securities Products are offered through CriticalPoint Partners, LLC, Member FINRA SIPC. Any testimonial or endorsement may not be representative of the experience of other clients and is no guarantee of future performance or success.