Pixelz Acquired By Adelis Equity Partners
San Diego-based Pixelz, which develops AI-powered image editing and retouching for the fashion industry, says it has been acquired by private equity investor Adelis Equity Partners. Financial details of the acquisition were not announced. According to the company, led by CEO Thomas Ladefoged, it will use the acquisition to help accelerate international growth and continued development of its business model. The company said Adelis will become majority owner in Pixelz, while management will continue to own a “significant share” of the company.