Private equity firm WestBridge has invested in cloud and video over IP specialist Techex.
Techex is a UK-based broadcast design architect for live cloud and IP broadcast solutions.​ The company designs, commissions and supports live video transport, processing, redundancy and monitoring solutions leveraging own IP and deep relationships with the most innovative broadcast and media companies. ​Since 1971, the Company has hunted out disruptive technologies and helped its customers gain a competitive edge. Techex’s value is underpinned by trusted partner status and long-term continuous development engagements with its strategic Tier-1+ broadcast and media customers.
The deal backs managing director, Richard Bailey, who has overseen the company’s growth alongside a highly experienced management team. All will remain actively involved and will be joined by non-executive chair Mark Sutherland, and new finance director Dominic Ely.