North East venture capital firm, NorthStar Equity Investors (NSEI), has completed a £850,000 investment in Newcastle-based TV technology company, Quick TV Ltd. Leading a consortium of investors, NorthStar Equity Investors has backed the innovative business with £500,000 from its Co-Investment Fund and helped attract a further £350,000 funding for the company from private individuals and the Business Investors Group.
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
Axis Participaciones and Sofimac Innovation, through Pertinence Invest 2, also take part in the round
Acquisition of processing company, rebranded as Millhouse Berlin, is the GP's fourth deal of 2020
Sale ends a five-year holding period, during which Aurelius sold Mez's Italy-based subsidiary