Connection Capital, a specialist private client alternative investments business, has invested £5.1m in Brompton Technology.

Alongside Connection Capital’s investment, Neil Gaydon, a highly experienced non-executive chairman, will also join Brompton’s board. Gaydon has a track record of successfully delivering growth in technology companies, including as CEO of Pace plc from 2006-11, during which time Pace became the world’s largest provider of digital TV technologies to the Pay TV industry.

Richard Mead, CEO at Brompton Technology, commented: “We are seeing unprecedented growth in demand for our cutting-edge, robust, tour and virtual production-ready LED video processing products from our core industry sectors, as well as a lot of exciting potential for our technology to be applied to new markets,” he said.

“While our focus on quality and dedication to customer service will remain the same, Connection Capital’s investment gives us the ability to scale up rapidly to meet demand and address the new opportunities that are presenting themselves.”

Miles Otway, partner at Connection Capital, commented: “Brompton Technology is an excellent example of a successful business that pivoted, almost overnight, into virtual production for film and TV during the pandemic and is now emerging even stronger than before.

“With its industry-leading technology, diversified revenue streams, talented management team and soaring demand for its products, Brompton Technology has a very compelling growth story that has really appealed to our private investor clients.”