Crescent Capital

Crescent Capital is a Belfast-based private equity and venture capital firm that focuses on mid-market and growth-oriented investments primarily in Northern Ireland. Established in 1995, the firm specializes in early and development-stage financing, targeting sectors such as information technology, life sciences, manufacturing, and business services. Crescent Capital typically makes initial investments ranging from £0.45 million to £1.20 million, with the potential for total investments of up to £3 million per company across multiple funding rounds. The firm is open to both majority and minority stakes and often seeks a Non-Executive Director position on the boards of its portfolio companies. Crescent Capital aims to exit its investments within five to seven years, typically through a trade sale of the entire company.

43 past transactions

PayHalal

Seed Round in 2023
Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.

Ostaz

Seed Round in 2020
Synkers develops software that connects students seeking help in a specific subject to private tutors. The company is based in Beirut, Lebanon.

Right Revenue

Seed Round in 2019
Right Revenue is a brand new cloud based revenue product providing detailed analytics and accurate rate forecasting. Right Revenue offers a system that is user-friendly, flexible and most importantly, accurate – helping you make those all important decisions on pricing – all with the goal of increasing profitability. Designed by a Revenue Manager with over 20 years experience, our modular system allows you to tailor-make your revenue journey.

Photonic Measurements

Seed Round in 2019
Photonic Measurements Ltd, founded in 2014 and based in Belfast, United Kingdom, specializes in designing and manufacturing analyzers for the water quality industry and laboratory applications. The company offers a range of products, including the Kepler UV-VIS Solid State and VIS spectrophotometers, the Lorentz turbidity analyzer, and the Franklin UV254 laboratory analyzer. These instruments are utilized for measuring UV254 and its surrogates such as Total Organic Carbon (TOC), Dissolved Organic Carbon (DOC), Chemical Oxygen Demand (COD), and Biological Oxygen Demand (BOD). Their solutions cater to various sectors, including drinking and wastewater treatment, industrial effluent analysis, and environmental testing.

Integrity Marketing Group

Debt Financing in 2019
Integrity Marketing Group is one of the nation’s largest marketing organizations. They bring together the needs of insurance companies and major distribution channels by providing product design, proven marketing systems, and profitability into today’s top selling products. Their expertise in the senior market allows us to partner with some of the largest insurance carriers in the nation. They strive to continually bring value to our business partners by designing proprietary products, offering exclusive marketing systems and having a proven track record of successful new products.

Right Revenue

Seed Round in 2019
Right Revenue is a brand new cloud based revenue product providing detailed analytics and accurate rate forecasting. Right Revenue offers a system that is user-friendly, flexible and most importantly, accurate – helping you make those all important decisions on pricing – all with the goal of increasing profitability. Designed by a Revenue Manager with over 20 years experience, our modular system allows you to tailor-make your revenue journey.

Photonic Measurements

Seed Round in 2018
Photonic Measurements Ltd, founded in 2014 and based in Belfast, United Kingdom, specializes in designing and manufacturing analyzers for the water quality industry and laboratory applications. The company offers a range of products, including the Kepler UV-VIS Solid State and VIS spectrophotometers, the Lorentz turbidity analyzer, and the Franklin UV254 laboratory analyzer. These instruments are utilized for measuring UV254 and its surrogates such as Total Organic Carbon (TOC), Dissolved Organic Carbon (DOC), Chemical Oxygen Demand (COD), and Biological Oxygen Demand (BOD). Their solutions cater to various sectors, including drinking and wastewater treatment, industrial effluent analysis, and environmental testing.

Voscuris

Venture Round in 2017
Voscuris is a healthcare technology company providing a platform for engagement with key stakeholders in diagnostics and medicine. Its platform embeds ‘Security by Design’ to create a trusted environment where patient data can be made available to users through secure channels via applications running on workstations or mobile devices. Previously "Clinisent", Voscuris was founded in 2015 and is based in Belfast, United Kingdom.

Ampliphae

Seed Round in 2016
Ampliphae Ltd is a Belfast-based company established in 2015 that specializes in cloud management solutions leveraging artificial intelligence and machine learning. The company focuses on the discovery and management of Software as a Service (SaaS) applications, which helps organizations identify the cloud services their employees are using. Ampliphae provides real-time trend reports, proactive cloud governance, and ensures data privacy compliance. By managing the risks associated with Bring Your Own Device (BYOD) environments, it enables businesses to understand and mitigate potential threats such as data loss, regulatory issues, and cost management. The company's comprehensive approach allows organizations to maintain control over their cloud usage while safeguarding their data and ensuring compliance with relevant regulations.

Belfast Power Ltd

Venture Round in 2016
Belfast Power is developing a new era of low-carbon electricity generation.

Flowlens

Venture Round in 2015
Flowlens Limited develops custom software for manufacturers and engineering services. The company offers Flowlens, a cloud-based customer lifecycle management software platform that unites CRM and ERP functions, as well as offers critical real-time dashboards and performance analytics, tailored processes and reporting, profitability and efficiency metrics, and a single view of the customer. Its platform enables plant and equipment manufacturers to create visibility between sales and operations; delivers joined-up sales and ongoing maintenance; streamlines rental sales and operations; and offers professional services. The company was formerly known as Crafty Devil Ltd. and changed its name to Flowlens Limited in April 2014. Flowlens Limited was founded in 2006 and is based in Belfast, United Kingdom with additional locations in Manchester, United Kingdom; and Greensboro, North Carolina.

Analytics Engines

Venture Round in 2014
Analytics Engines Ltd. is a financial analytics company based in Belfast, United Kingdom, specializing in data processing acceleration for business and application data. Founded in 2008 and formerly known as CapnaDSP Ltd., the company designs accelerators that operate on various processing architectures, including FPGA and GPU. It serves a diverse range of multinational clients across industries such as aerospace, security, medical imaging, and enterprise data processing in North America and Europe. Analytics Engines excels in data integration, management, machine learning, and analytics, providing end-to-end solutions that empower organizations with actionable insights. The firm is also known for its innovative culture and has significant experience in facilitating data-driven decision-making within sectors like healthcare, government, and education. Additionally, it hosts Big Data Belfast, a prominent data and technology event in Northern Ireland, further establishing its position as a key player in the analytics landscape.

B9 Energy

Venture Round in 2014
B9 Energy Control Ltd. engages power generation through landfill gas.

Axis Three

Venture Round in 2009
Axis Three is the market leader and pioneer of 3D surgical simulation tools for the cosmetic surgery market. Through its partnership with Siemens and its ground-breaking simulation software based on physics-driven tissue typing, Axis Three promises to create the new standard for 3D predictive surgical simulation.

NiSoft

Acquisition in 2009
NiSoft is the world's leading supplier of lock out tag out, risk assessment and safety document management software. With over 350 client installations in 25 countries NiSoft's breadth of experience affords our customers the optimum safety management software solution for Permit to Work, JSA, Risk Assessment, Confined Space and other safety document types.

Biznet

Venture Round in 2009
Biznet is the leading specialist in Supplier Performance Management (SPM) software and consultancy. Since 1999, Biznet has been working with many of the industry’s leading companies, developing and implementing SPM Solutions which have proven time and again to reduce and avoid costs, increase profitability, drive greater productivity and significantly reduce incidents.

PathXL

Venture Round in 2008
PathXL, a Northern Ireland-based leader in digital pathology image analysis, workflow software and educational tools. PathXL’s image analysis and tissue pathology software will complement Philips’ Digital Pathology Solutions offering, and help expand the business’ leadership in this fast-growing field. Pathology involves the examination of patient tissue samples and plays a crucial role in the diagnosis and treatment of a wide variety of diseases, including cancer.

Replify

Venture Round in 2007
Replify Limited specializes in WAN optimization and application acceleration software solutions aimed at enhancing remote user experiences. The company's flagship product, the Reptor Accelerator Suite, provides a range of tools designed to improve application performance for remote and branch office users. This suite includes the Reptor Enterprise Manager for centralized management, Reptor Virtual Appliances that simulate data center environments, and the Replify Reptor Client, which optimizes application traffic for Windows endpoints. Replify's solutions enable businesses to achieve LAN-like performance for critical applications such as ERP, CMS, and CRM, making it easier for remote workers to access necessary resources efficiently. Founded in 2007 and headquartered in Belfast, the United Kingdom, Replify also offers customer and technical support services to ensure optimal deployment and performance of its software across various virtualized server platforms.

Fusion Antibodies

Venture Round in 2007
Fusion Antibodies specializes in production of high quality humanized monoclonal antibodies and antibody engineering projects. The company has the knowledge and expertise to build and deliver a bespoke package of the services people need to achieve outstanding results. Using the technology, the sequences of the antibody variable domains which determine its binding specificity are incorporated into human donor sequences creating a panel of full length humanized antibodies for expression. Fully humanized monoclonal antibodies are an essential step in the progression of your drug to the clinic and the in-house expertise at Fusion Antibodies ensures its success. All of Fusion Antibodies services are offered on a fee-for-service basis and is flexible on the elements of the project people would like included. Fusion Antibodies have strong links with the several partners around the globe, allowing it to deliver a complete bespoke package, at an incredible price. Fusion Antibodies was founded on 2001 and is based in Belfast, United Kingdom.

Omiino

Venture Round in 2007
Omiino Ltd is a semi-conductor manufacturer.

Lagan Technologies

Series B in 2006
Lagan Technologies Ltd. designs and delivers enterprise case management solutions to government agencies primarily in North America and Europe. Its solutions include Enterprise Case Management software, an integrated case management solution for government organizations; Lagan 311, a performance solution for 311 call centers; Lagan Human Services, an integrated case management solution for human services agencies; and Lagan Department of Motor Vehicles Solution, a tool for managing the processes and records associated with driver licensing, driver history, identity verification, vehicle registration, titling, and inspections. The company's services also include project management, consultancy, installation, testing, integration, education and training, skills transfer, support, and maintenance. It serves advocates and councils in the United Kingdom and internationally. The company was founded in 1994 and is headquartered in Belfast, the United Kingdom with additional offices in London, the United Kingdom; Chicago, Illinois; and Washington, District of Columbia.

MailDistiller

Venture Round in 2006
MailDistiller is the company provided a hosted service for comprehensive e-mail security by blocking viruses and junk (spam) e-mail before they threaten an organisation network.

Datactics

Venture Round in 2006
Datactics Ltd. develops data quality and matching software tailored for businesses across various sectors, including banking, finance, government, and healthcare. Founded in 1997 and based in Belfast, United Kingdom, the company offers the Datactics Data Quality Suite, which includes tools for profiling, cleaning, and matching large datasets. This suite features FlowDesigner, a user-friendly application for designing data quality processes, and DQM, a web application that automates these processes. Datactics' solutions empower business users to address data issues independently, reducing reliance on IT resources and thereby alleviating common bottlenecks in data management. The software facilitates compliance with financial regulations, supports anti-money laundering (AML) and know your customer (KYC) functions, and allows for seamless integration with visualization tools, enabling organizations to enhance their data quality and operational efficiency.

Avalon Instruments

Venture Round in 2005
Avalon is a developer, manufacturer and seller of scientific analytical instrumentation based on Raman spectroscopy techniques.

aptX

Acquisition in 2005
aptX provides industry-leading audio compression solutions to the broadcast, professional audio, and consumer electronics industries.

Lagan Technologies

Series B in 2004
Lagan Technologies Ltd. designs and delivers enterprise case management solutions to government agencies primarily in North America and Europe. Its solutions include Enterprise Case Management software, an integrated case management solution for government organizations; Lagan 311, a performance solution for 311 call centers; Lagan Human Services, an integrated case management solution for human services agencies; and Lagan Department of Motor Vehicles Solution, a tool for managing the processes and records associated with driver licensing, driver history, identity verification, vehicle registration, titling, and inspections. The company's services also include project management, consultancy, installation, testing, integration, education and training, skills transfer, support, and maintenance. It serves advocates and councils in the United Kingdom and internationally. The company was founded in 1994 and is headquartered in Belfast, the United Kingdom with additional offices in London, the United Kingdom; Chicago, Illinois; and Washington, District of Columbia.

AirAsia

Venture Round in 2003
AirAsia Group Berhad is an investment holding company that provides commercial air transportation services across several Asian countries, including Malaysia, Thailand, Indonesia, the Philippines, India, and Japan. Founded in 2001 and headquartered in Kuala Lumpur, the company operates a low-cost airline model and is known for its extensive route network. In addition to air travel, AirAsia offers a variety of ancillary services, such as aircraft leasing, tour operations, inflight catering, and logistics. The company also manages customer loyalty programs and engages in marketing and development of software solutions, including cybersecurity. Its subsidiaries include AirAsia (India) Limited, AirAsia Japan Co., Ltd., and various other regional operations. Through its commitment to low-cost aviation and innovative business practices, AirAsia aims to make flying accessible to a broader audience.

CallidusCloud

Venture Round in 2003
Provides sales effectiveness software and services

HeartSine Technologies

Series B in 2002
HeartSine Technologies LLC specializes in the design and manufacture of automated external defibrillators (AEDs) tailored for workplace, public access, and home use. The company produces a range of medical devices aimed at treating sudden cardiac arrest, including defibrillators suitable for trained first-aiders and professional responders, as well as personal and public access units equipped with CPR guidance features. HeartSine serves a diverse clientele, including corporate offices, educational institutions, government agencies, health clubs, hospitality venues, military organizations, retail businesses, and transportation sectors. Its products are distributed both in the United States and internationally. Founded in 1997 and headquartered in Newtown, Pennsylvania, with an additional location in Belfast, Northern Ireland, HeartSine operates as a subsidiary of Physio-Control, Inc. The company is recognized for its pioneering role in AED technology, having developed the first truly portable, battery-operated defibrillator, and continues to innovate in the field to enhance the effectiveness of life-saving measures.

Gendel

Series B in 2002
Gendel has developed a unique, proprietary platform technology for the localised delivery of biological molecules to target sites within the body. Biopharmaceuticals may be loaded into the body's own natural carrier system by a physical process and released at the target site in response to the application of non-invasive, low intensity ultrasound. Gendel's technology may be employed for the delivery of a range of biological payloads including antibodies, enzymes, peptides, olionucleotides and DNA as well as carrier peptides and gene therapy vectors.

CrossLayer, Inc.

Series A in 2001
CrossLayer, Inc., a managed network services company, designs, builds, and operates services to handle all aspects of network deployment and connectivity to landlords and tenants. The company was founded in 2017 and is based in Casper, Wyoming. As of January 16, 2020, CrossLayer, Inc. operates as a subsidiary of CBFA Corporation.

HeartSine Technologies

Series A in 2000
HeartSine Technologies LLC specializes in the design and manufacture of automated external defibrillators (AEDs) tailored for workplace, public access, and home use. The company produces a range of medical devices aimed at treating sudden cardiac arrest, including defibrillators suitable for trained first-aiders and professional responders, as well as personal and public access units equipped with CPR guidance features. HeartSine serves a diverse clientele, including corporate offices, educational institutions, government agencies, health clubs, hospitality venues, military organizations, retail businesses, and transportation sectors. Its products are distributed both in the United States and internationally. Founded in 1997 and headquartered in Newtown, Pennsylvania, with an additional location in Belfast, Northern Ireland, HeartSine operates as a subsidiary of Physio-Control, Inc. The company is recognized for its pioneering role in AED technology, having developed the first truly portable, battery-operated defibrillator, and continues to innovate in the field to enhance the effectiveness of life-saving measures.

CaseCentral

Series B in 2000
Founded in 1994, CaseCentral is the leader in secure, cloud-based eDiscovery software for corporations and law firms to simplify and take control of electronic discovery (eDiscovery) in response to litigation, regulatory inquiries and internal investigations. CaseCentral enables repeatable, defensible and measurable business processes that significantly reduce eDiscovery risk, cost and time. The CaseCentral eDiscovery platform integrates early case assessment, processing, analysis, review and production capabilities, enabling customers to succeed with a single matter and seamlessly migrate to multi-matter, multi-party, multi-repository support within the same software platform. CaseCentral pioneered the use of process analytics, providing real-time measurement of review rates, quality rates and costs per document - by matter, firm or user. CaseCentral has served more than 32 of the Fortune 100 and more than 83 of the AmLaw 100.

Gendel

Series A in 2000
Gendel has developed a unique, proprietary platform technology for the localised delivery of biological molecules to target sites within the body. Biopharmaceuticals may be loaded into the body's own natural carrier system by a physical process and released at the target site in response to the application of non-invasive, low intensity ultrasound. Gendel's technology may be employed for the delivery of a range of biological payloads including antibodies, enzymes, peptides, olionucleotides and DNA as well as carrier peptides and gene therapy vectors.

Amtec Medical

Venture Round in 1999
Amtec Medical is a medical device company, based in Antrim, Northern Ireland, which develops and markets intelligent devices to assist the medical profession both in terms of improved patient care and cost savings.

Balcas

Venture Round in 1999
Balcas is a timber products supplier, and has pioneered biomass renewable energy in the British Isles.

Andor Tech

Venture Round in 1997
Andor Technology, based in Belfast, Northern Ireland, specializes in high-value scientific digital cameras and photonic products. Founded in 1989 from Queen's University, the company has grown to employ over 260 people across 16 global offices, serving approximately 10,000 customers in 55 countries. Andor focuses on developing advanced imaging solutions, including scientific and low-light cameras, spectrographs, and microscopy systems. These products enable clients to perform precise light measurements, down to the level of a single photon, and capture rapid events occurring within one billionth of a second. The company's technology is instrumental in various fields, including cancer research, space exploration, and clean energy investigations.

Toughglass

Venture Round in 1997
Toughglass produce toughened safety glass for the construction and transport industries.

UP Holding

Acquisition in 1996
UP Holding is a manufacturer of plastic piping and ducting selling to the telecommunication and water industries.
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