Panoramic Growth Equity (Fund Management) LLP, an equity investor in fast-growth entrepreneurial companies, said its portfolio company Quill Content Ltd. was bought by French media group Webedia SA.

The acquisition will merge both companies' networks of freelance content creators, expanding the network to more than 7,000 creatives worldwide.

It will also expedite London-based Quill's expansion across the globe through Webedia's existing presence in France and other countries.

Ed Bussey, Quill's founder, will remain CEO.