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Revolutionizing the Photography Industry: GotPhoto’s Acquisition, Digital Transformations, and Future Plans Acquisitions News Podcasts 

Revolutionizing the Photography Industry: GotPhoto’s Acquisition, Digital Transformations, and Future Plans

GaryPageau
Ready for more insights on the cutting-edge of the volume-photography industry? Join Gary Pageau of the Dead Pixels Society for a candid discussion with Benedikt Greifenhofer, CEO of GotPhoto, where he shares the fresh news of GotPhoto’s latest business move: the acquisition of Next Gen Photo Solutions.  The acquisition of Next Gen allows for seamless integration of their services through GotPhoto, plus the company plans... Read More
GotPhoto acquires sports photo graphics provider Next Gen Photo Solutions Acquisitions News 

GotPhoto acquires sports photo graphics provider Next Gen Photo Solutions

GaryPageau ,
GotPhoto, the solution for the people photography industry, announced the acquisition of Next Gen Photo Solutions, a graphics company offering a range of services, including creating dynamic virtual groups, high-quality graphics, memory mates, and other basic editing services such as background removal and touch-ups, to help photographers get their lives back by reducing tedious post-production tasks. Terms weren’t disclosed. The... Read More
Varsity Brands sells Herff Jones Graduation business to Atlas Holdings Acquisitions New Products News 

Varsity Brands sells Herff Jones Graduation business to Atlas Holdings

GaryPageau ,
Varsity Brands and Atlas Holdings jointly announced the signing of a definitive purchase agreement for the sale of the Varsity Brands’ Herff Jones Graduation Business, including the Scholastic and Collegiate brand portfolio and manufacturing facilities, to Atlas. Terms weren’t disclosed. The Graduation Business offers a range of caps and gowns, fine paper, jewelry, and frames. Varsity Brands, the market leader... Read More
Redbrick acquires Animoto, the cloud-based video creation platform Acquisitions News 

Redbrick acquires Animoto, the cloud-based video creation platform

GaryPageau ,
Redbrick announces the acquisition of Animoto, the long-established easy-to-use video creation software. Terms weren’t disclosed. Animoto, founded in 2006, used patented Cinematic AI technology to make it easy to turn photos, screen recordings, and short clips into powerful videos. The platform supports more than 70,000 customers and millions of users. “By acquiring Animoto, we’re making Redbrick’s portfolio stronger and more... Read More
Roland DG buys wallpaper product company UAB Dimense Acquisitions News 

Roland DG buys wallpaper product company UAB Dimense

GaryPageau
Roland DG Corp. announced the acquisition of shares for UAB Dimense print, a subsidiary of UAB VEIKA, a manufacturer and vendor for wallpaper-related products headquartered in Vilnius, Lithuania. Roland DG has acquired 50.1% stake in UAB Dimense print, a subsidiary of UAB VEIKA, which excels in chemical technology and offers a unique digital printing embossing solution for wallpaper industries, the... Read More
Taylor Corp. buys DMR Creative Marketing, expands promo unit Acquisitions News 

Taylor Corp. buys DMR Creative Marketing, expands promo unit

GaryPageau
Taylor Corp. has reached an agreement to acquire the assets of DMR Creative Marketing of Deerfield Beach, Fla. DMR provides branded apparel and gift items to cruise lines, resorts, gift shops, and related markets for uniform programs and the souvenir channel. The acquisition advances the capabilities and distribution channels of Taylor’s Promotional Products business unit, the company said. Terms weren’t disclosed.... Read More
Shutterstock reports big net income increase Acquisitions Earnings reports News 

Shutterstock reports big net income increase

GaryPageau
Shutterstock, Inc. announced financial results for the second quarter ended June 30, 2023. Second-quarter revenue was basically flat at $208.8 million, but net income 157% to $50.0 million. “I’m pleased to report that, as reflected in our second quarter results and our revised full-year outlook, Shutterstock is not only adapting but that it is thriving in this dynamic environment.” said Paul... Read More
ME Group buys photobooth business in Japan Acquisitions News 

ME Group buys photobooth business in Japan

GaryPageau
ME Group International plc entered into an agreement, through its ME Group Japan K.K. subsidiary, with Fujifilm Corp. to buy two automated photobook businesses from Fujifilm Corp., under the names FUJIFILM Imaging Systems Co., Ltd. and N&F Techno Service Co., Ltd. The total transaction consideration is approximately £5.5 million (Japanese Yen 996 million) and is capped at that amount. The... Read More
PhotoShelter acquires Socialie analytics platform Acquisitions News 

PhotoShelter acquires Socialie analytics platform

GaryPageau ,
  Digital asset management (DAM) solution provider PhotoShelter announced the acquisition of Socialie, a category leader in user-friendly content distribution and advanced analytics. Made in partnership with PhotoShelter’s majority investor, Clearhaven Partners, the acquisition will strengthen PhotoShelter’s real-time distribution powers, provide PhotoShelter customers with more control and insight into the flow of content across their ecosystem, and position the company as... Read More
Private equity firm acquires Canadian camera chain Henry’s Acquisitions News 

Private equity firm acquires Canadian camera chain Henry’s

GaryPageau
North America’s largest camera retail chain Henry’s was acquired by Lynx Equity Ltd., a Toronto-based private equity firm specializing in acquiring small- and medium-sized businesses from owners looking to retire. All of Henry’s employees will remain in place, including its leadership team. Founded in 1909, Henry’s has 20 stores across Canada. In a press release, Lynx said it “is committed to... Read More
Amaze acquires Outfts creator hub Acquisitions 

Amaze acquires Outfts creator hub

GaryPageau ,
Amaze Software, Inc., the parent company of Amaze and Spring platforms, acquired Outfts, a creator hub empowering creators to own audiences and develop new income streams. The addition of Outfts technology will enable Amaze to provide creators with additional tools and services enabling new and sustainable revenue sources, the company said. Terms weren’t disclosed. The acquisition of Outfts holds immense significance as it paves... Read More
Kodak acquires Graphic Systems Services Inc. Acquisitions News 

Kodak acquires Graphic Systems Services Inc.

GaryPageau
Eastman Kodak Co. has acquired Graphic Systems Services Inc. (GSS), a provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition gives the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses, the company said. Terms weren’t... Read More
EQT Growth to acquire GotPhoto Acquisitions Investments 

EQT Growth to acquire GotPhoto

GaryPageau ,
Stockholm-based EQT Growth fund has entered into an agreement to acquire a majority stake of GotPhoto Company from its founders, existing angel investors, and management team, who will remain minority owners. GotPhoto’s management team, including its CEO, Benedikt Greifenhofer, will continue to lead the company, building on its strong track record of growth, the announcement stated. As part of the transaction,... Read More
Investment firm completes purchase of Fujifilm’s Greenwood plant Acquisitions News 

Investment firm completes purchase of Fujifilm’s Greenwood plant

GaryPageau ,
GSA Business Report revealed the sale of the Fujifilm North America manufacuring complex in Greenwood S.C. has officially closed in a deal that preserved 300 jobs at the once-sprawling plant. The sale of the property was announced in July after Phoenix Investors leased 1.1 million square feet back to Fujifilm. Fujifilm, which was the only occupant of the site since 1988,... Read More
Ennis acquires School Photo Marketing Acquisitions 

Ennis acquires School Photo Marketing

GaryPageau ,
Ennis, Inc., Midlothian, Texas, announced the acquisition of School Photo Marketing in Morganville, New Jersey. Terms weren’t disclosed. School Photo Marketing provides printing, yearbook publishing, and marketing-related services to more than 1,400 school and sports photographers. “We are delighted to have the opportunity to bring School Photo Marketing, their employees, and their customers into the Ennis family,” says Keith Walters,... Read More