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Category: Acquisitions

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
Games developer Voodoo acquires social photo network BeReal Acquisitions 

Games developer Voodoo acquires social photo network BeReal

GaryPageau ,
Voodoo, a mobile apps and games publisher with more than 7 billion downloads worldwide, acquired BeReal, the Gen Z social network dedicated to authenticity. Terms weren’t disclosed, but the company said this transaction, which is valuing BeReal at €500 million, Voodoo further accelerates its diversification into consumer apps. Voodoo intends to further invest in BeReal while providing its expertise in... Read More
Condé Systems sold to TrophyKits owner, second-chance auction through Friday Acquisitions News 

Condé Systems sold to TrophyKits owner, second-chance auction through Friday

GaryPageau ,
David McLean, the Jacksonville, Fla, owner of TrophyKits, announced the purchase of the business rights of Condé Systems, including the Condé brand, toll-free number and social media accounts, from the June 4 online asset auction. Details weren’t disclosed, but the company said more information will be provided in the coming days and weeks at www.conde.com. McLean said he founded TrophyKits.com... Read More
Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app Acquisitions New Products Updates 

Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app

GaryPageau , , ,
Fresh off the acquisition of app developer and accessories maker Fjorden Electra AS, Leica Camera AG launched the Leica LUX app, a professional camera app that brings the Leica Look to the iPhone. The freemium app, which has a $69.95 annual subscription, caters to both seasoned photographers and beginners, offering features suitable for anything from quick snapshots to artistic compositions. the... Read More
Advertek completes acquisition of CCI, expands operations and facilities Acquisitions News 

Advertek completes acquisition of CCI, expands operations and facilities

GaryPageau , , ,
Advertek, one of Canada’s leading print innovators, announced the successful completion of its previously announced acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company. As part of the integration, Advertek’s current Print on Demand, Small and Large Format Printing, and Mailing divisions, formerly based in Brampton, ONT, will now operate out of the existing CCI facilities... Read More
Smartphoto group acquires TopFanZ Acquisitions News 

Smartphoto group acquires TopFanZ

GaryPageau ,
Belgian e-commerce company Smartphoto group NV announced the acquisition of TopFanZ, a European merchandiser for the sports and entertainment sector. TopFanZ, based in Halen, Belgium, offers total solutions in merchandising and brand activation for its customers and their fans, the company says. They offer full-service merchandising partnerships, including marketing support, product procurement, and e-commerce support. In the last financial year,... Read More
Condé Systems assets going to auction June 4 Acquisitions News 

Condé Systems assets going to auction June 4

GaryPageau ,
Hyperams LLC, Rolling Meadows, Ill, has announced a June 4 online auction for the assets of dye-sublimation products distributor Condé Systems, Inc., which announced on its Facebook page the company would be closing in April. In November 2022, the company announced the transition to an employee-owned company, with the pending retirement of David Gross, president. According to the announcement from... Read More
Freepik announces acquisition of Magnific Acquisitions News 

Freepik announces acquisition of Magnific

GaryPageau ,
Freepik announced its acquisition of AI-image upscaler Magnific. The acquisition is Freepik’s biggest to date – it acquired EyeEm (Germany) last year, and Videvo (UK), Original Mockups (Colombia), and Iconfinder (Denmark) in 2022, the company said. Terms weren’t disclosed. The founders of Magnific, Javi López and Emilio Nicolás, will continue to focus on their own AI innovation, testing and developing new ideas. Although Magnific will operate as... Read More
Nikon completes acquisition RED.com, LLC Acquisitions 

Nikon completes acquisition RED.com, LLC

GaryPageau , ,
Nikon Corp. announced, as of April 8, it has successfully acquired 100% of the outstanding membership interests of RED.com, LLC (RED), as previously announced. According to this PetaPixel report, the acquisition was precipitated by RED’s patent infringement suit against Nikon in  2022. Upon RED becoming a wholly owned subsidiary, RED’s President Jarred Land became a close Advisor to the company,... Read More
Futuresource Consulting, BCC Research to merge Acquisitions Partnerships 

Futuresource Consulting, BCC Research to merge

GaryPageau ,
UK-based market research consultancy Futuresource Consulting and Boston-based market research firm BCC Research have announced a merger of the two companies. “There are strong synergies between BCC Research and Futuresource Consulting which can now be fully realized. The brands share complementary research offerings and together can provide our clients with a greater depth and breadth of research,” says Craig Ive,... Read More
Canva acquires Affinity platform for $1 billion Acquisitions 

Canva acquires Affinity platform for $1 billion

GaryPageau , , , ,
Canva, the world’s only all-in-one visual communication platform, today announced the acquisition of Affinity, the award-winning creative software suite for professional photo editing, illustration, graphic design and page layout, from Serif, a Nottingham, England, software company founded in 1987. Affinity marks Canva’s latest Europe-based acquisition, joining Flourish (2022), Kaleido (2021), Smartmockups (2021), Pexels (2019) and Pixabay (2019). Canva opened its first European HQ in 2023, based in London. Affinity’s tools... Read More
Advertek announces strategic acquisition of Custom Colour Imaging Acquisitions News 

Advertek announces strategic acquisition of Custom Colour Imaging

GaryPageau , ,
Advertek Inc, one of Canada’s leading print innovators, announces the strategic acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company with more than 50 years of heritage and expertise. Terms were not disclosed. This acquisition marks a significant milestone in Advertek’s 25-year journey in commercial printing and photo imaging. Advertek, known for its expertise in various... Read More
Nikon Corp. enters agreement to buy RED cinema gear company Acquisitions News 

Nikon Corp. enters agreement to buy RED cinema gear company

GaryPageau ,
Nikon Corp. announced it has entered into a purchase agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED) whereby RED will become a wholly-owned subsidiary of Nikon, “pursuant to a Membership Interest Purchase Agreement with Mr. James Jannard, its founder, and Mr. Jarred Land, its current President, subject to the satisfaction of certain closing conditions thereunder.”... Read More
Lensrentals acquires BorrowLenses from Shutterfly Acquisitions 

Lensrentals acquires BorrowLenses from Shutterfly

GaryPageau , ,
Photo gear rental leader Lensrentals, the largest online photo, video, audio and lighting equipment rental and production resource company, has acquired the BorrowLenses brand and “select assets” from Shutterfly. Terms were not disclosed. The acquisition brings expand the Memphis, Tenn., company’s inventory to more than 400,000 copies of more than 6,000 different lenses, cameras, drones, lighting, audio and other high... Read More