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Advertek commemorates 25th anniversary, move to expanded facility Acquisitions Feature News 

Advertek commemorates 25th anniversary, move to expanded facility

GaryPageau , , 0 comment
Advertek Inc. recently commemorated its 25th anniversary and its move to its single 77,000-square-foot facility with an open house celebration attended by business leaders, vendor partners, and customers. In June, Advertek announced the acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company. As part of the acquisition, Advertek’s corporate offices, Print on Demand, Small and Large... Read More
Claranova to buyout PlanetArt minority interests Acquisitions News 

Claranova to buyout PlanetArt minority interests

GaryPageau , 0 comment
Claranova announces the acquisition of Société Commune Européenne de Participation (SCEP) by its subsidiary PlanetArt Holdings Inc., thereby enabling it to own 100% of PlanetArt LLC. The transaction is being financed by a €20 million loan obtained by Claranova Development SARL from Cheyne Capital on the same terms (interest rates, guarantees, acceleration clauses, covenants) as the €108 million loan arranged... Read More
FotoNation completes management buyout, returning company founders to leadership Acquisitions News 

FotoNation completes management buyout, returning company founders to leadership

GaryPageau , , 0 comment
Imaging technology leader FotoNation has done now for the third time what other companies can’t do once: Complete a management buyout by the founders. FotoNation is a leading provider of ultralow-power, high-efficiency computer vision AI solutions, announced its founders have completed a management buyout of the company’s chip-level hardware, firmware, and imaging business. Terms weren’t disclosed. FotoNation LTD is an... Read More
Printful and Printify announce merger Acquisitions News 

Printful and Printify announce merger

GaryPageau ,
On-demand printing platforms Printful and Printify announced the two companies will merge. Both platforms, which are based in Riga, Latvia, will continue to operate as separate brands. The new combined company will be able to create a business providing greater product selection, broader geographic reach, and improving fulfillment solutions, according to a press release. Both the Printful and Printify brands will... Read More
Apple buys leading image-editing app company Pixelmator Acquisitions News 

Apple buys leading image-editing app company Pixelmator

GaryPageau , , ,
Apple Inc. has purchased leading image-editing app maker Pixelmator Team for an undisclosed amount, according to a company post. The company’s products include Pixelmator Pro, a professional image-editing tool, Pixelmator for iOS, and Photomator, a photo editor for Mac, iPhone, iPad, and Vision Pro. According to the blog post: Pixelmator has signed an agreement to be acquired by Apple, subject to... Read More
Chromaluxe parent UW Solutions announces acquisition by Apogee Acquisitions News 

Chromaluxe parent UW Solutions announces acquisition by Apogee

GaryPageau ,
Publicly traded Apogee Enterprises, Inc. announced it entered into a definitive agreement to acquire UW Interco, LLC (“UW Solutions”) from Heartwood Partners for $240 million in cash, subject to customary closing conditions. The transaction will close during the company’s fiscal 2025 third quarter. According to the Apogee press release: “the purchase price represents a multiple of approximately 8.5x UW Solutions’... Read More
Fiery to be acquired by Epson Acquisitions News 

Fiery to be acquired by Epson

GaryPageau ,
Seiko Epson Corp. announced Epson has agreed with affiliates of Siris Capital Group, LLC, including Electronics for Imaging, Inc., on Sept.19, 2024, to acquire all interests in Fiery, LLC, the leading provider of digital front-end servers and workflow solutions for the print industry. The transaction is subject to customary closing conditions including required regulatory approvals. The acquisition is expected to close... Read More
Cober acquires Alberta-based West Canadian Digital Imaging (WCD) print division Acquisitions News 

Cober acquires Alberta-based West Canadian Digital Imaging (WCD) print division

GaryPageau , , 1 Comment
Cober Solutions, Kitchener Ontario, announced the acquisition of Alberta-based West Canadian Digital Imaging (WCD) digital print and wide format signage division. This strategic acquisition marks a significant milestone in Cober’s history and reinforces their commitment to delivering brand solutions nationwide, the company said. Terms weren’t disclosed but the deal is expected to be finalized by Sept. 30. This acquisition will... Read More
MyHeritage acquires MesAieux.com Acquisitions News 

MyHeritage acquires MesAieux.com

GaryPageau ,
Genealogy site MyHeritage announced the acquisition of MesAieux.com, a popular family history service specializing in French Canadian genealogy. This is the 13th acquisition by MyHeritage. In August 2021, MyHeritage acquired Filae, the leading genealogy service in France. With the addition of MesAieux.com, these acquisitions bolster the company’s leadership position in the global genealogy market and secure its prominence in the Francophone... Read More
Israel Acquisition Corp., Pomvom merger deal falls through Acquisitions News 

Israel Acquisition Corp., Pomvom merger deal falls through

GaryPageau
Israel Acquisitions Corp. (ISRL), a publicly-traded special-purpose acquisition company, and Pomvom Ltd., an Israeli technology company developing and providing experiential content to amusement parks and attractions, have called off their previously announced merger, citing a “change to the global market conditions.” Both parties also mutually agreed to waive any claim or demand on the part of any of the parties... Read More
New owners of Condé Systems open for business Acquisitions News 

New owners of Condé Systems open for business

GaryPageau ,
Since the purchase of the assets of Condé Systems, the new owner David McLean, founder of Trophykits.com, has restarted the business in Jacksonville, Florida where Trophykits.com is headquartered. The legal entity of the new company is Condé Systems of Florida LLC, dba Condé Systems, which operates independently of Trophykits.com Conde Systems also owns exclusive brand names like Conde®, Ink Minder®,... Read More
GotPhoto acquires Entagged with Name List App Acquisitions 

GotPhoto acquires Entagged with Name List App

GaryPageau , ,
GotPhoto Inc., the end-to-end workflow and e-commerce solution for photographers, announced the acquisition of Entagged, created by Foolography GmbH, and its Name List feature. This acquisition will streamline the volume photography tagging process, making it easier for photographers to capture and manage large shoots efficiently and directly through the GotPhoto platform, according to GotPhoto. Entagged is a Bluetooth barcode-scanning and... Read More
Canva to acquire generative AI platform Leonardo.AI Acquisitions News 

Canva to acquire generative AI platform Leonardo.AI

GaryPageau
Canva announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The acquisition complements Canva’s offering and enhances the company’s vision to build a world-class suite of visual AI tools, the company said. Terms... Read More
Private equity firm purchases Kodak Alaris, parent of Kodak Moments Acquisitions News 

Private equity firm purchases Kodak Alaris, parent of Kodak Moments

GaryPageau , ,
Kodak Alaris announced Kingswood Capital Management, LP acquired the company from the United Kingdom Pension Protection Fund. Kingswood is a Los Angeles-based private-equity firm focused on buyouts of middle-market businesses and has significant experience in driving value for consumer and industrial services businesses. Kodak Alaris was formed following the 2012 bankruptcy of Eastman Kodak Co., with a purchase of Kodak’s... Read More
Harris Computer Corp. buys Dakis Decision Systems Acquisitions News 

Harris Computer Corp. buys Dakis Decision Systems

GaryPageau , ,
Harris Computer Corp., a global leader in software solutions, announced the acquisition of Dakis Decision Systems, Inc. and its e-commerce platform. Terms were not disclosed. dakis offers e-commerce and photo solutions platforms, including point of sale, online and in-store photo kiosks, as well as lab printing convenience. The company provides solutions for camera stores, photo labs, and print shops that... Read More