We have advised specialist private equity fund manager, YFM Equity Partners, on its growth capital investment in Ncam Technologies Limited, a provider of innovative and leading augmented reality solutions for the entertainment industries.
Ncam was founded in 2012 and its award-winning products are used globally across broadcast, film and TV production. Clients include Fantastic Beasts (Warner Bros), UEFA Champions League (BT Sport) and Game of Thrones Season 8 (HBO).
YFM’s investment comes from its two advised VCTs, British Smaller Companies VCT plc and British Smaller Companies VCT2 plc, alongside the YFM Equity Partners 2015 Co-Investment LP. The funds will be used to support the development of new products, invest in the growth of the team and help the business extend its reach into new territories such as the USA, where a new office opening is planned for later this year.
Charlie Robinson, Investment Director at YFM, commented: “We are delighted to be working with Ncam to support the future development of their products and their expansion into new global markets, two areas where we at YFM have significant experience of supporting.”
Our team, led by Corporate partner Chris Reed, included solicitors Niall McCooey and Rachel Cox.
Chris Reed commented: “This is a really exciting time for the Ncam team and, in its partnership with YFM, we look forward to supporting the growth of the business.”