Apiary Capital

Apiary Capital has invested in e-learning software specialist XVR Simulation.

XVR Simulation is the global leader in virtual reality e-learning for the emergency services sectors. XVR’s suite of products, which includes a crisis scenario simulation platform, e-learning content library, learning management system and a workforce competency management platform, is used by fire, police and healthcare organisations in more than 50 countries.

The combined entity has over 450 fire, police and healthcare sector customers. The suite of products are used by leading public sector institutions to train over 300,000 emergency services and health care staff each year.

Jeniv Shah, Partner at Apiary Capital commented “We engaged Regent Assay because it became clear from our conversations that they had good knowledge of many of the same segments of the TMT industries that we found interesting. The team led by Dolf Campman brought us a number of interesting opportunities, and in the case of XVR Simulation this resulted in the completion of an attractive acquisition. Their contribution to the execution of the transaction was also very helpful. We look forward to exploring further opportunities with the Regent Assay team.”