Clearwater International advises Pixelz on its sale to Adelis Equity
Clearwater International has advised Pixelz, a leader in image editing and retouching for the online fashion industry, on its sale to Adelis Equity.
Pixelz is a leading provider of postproduction image editing and retouching that serves an international customer base through its AI-powered platform. The company’s customers are predominantly global brand owners, online retailers and photo studios, mainly within the fashion industry and among others, Zalando and Bestseller.
Founded in 2011 and headquartered in Denmark, Pixelz operates internationally with offices in the US, Germany, Spain and Vietnam.
Adelis Equity will become the majority owner of Pixelz, while management will continue to own a significant share of the company. Together, the parties expect to continue investing in an ambitious growth plan with further expansion in the European and US market.