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Condé Systems becomes an employee-owned company Acquisitions Investments 

Condé Systems becomes an employee-owned company

Sublimation and heat-transfer supplier Condé Systems Inc. announced its employees are now the owners of the company through an employee stock ownership plan (ESOP). Condé Systems is a leading supplier of sublimation and digital heat-transfer equipment, supplies, products, and education. As a 100% ESOP-owned company, all of Condé’s stock is now held in trust by the ESOP exclusively for the... Read More
Horn Photo sells to Teamshares, adds employee owners Acquisitions Feature News 

Horn Photo sells to Teamshares, adds employee owners

Fresno, Calif-based camera specialty store Horn Photo is 10% employee-owned after owners Stan and Shelley Grosz sold the business to Teamshares, a fintech company focusing on purchasing small businesses from retiring owners and working to keep all employees by providing equity in the business. Horn Photo is the 57th small business to use Teamshares to transition to an employee-owned business... Read More
Fast-growing Amaze acquires Spring Acquisitions News 

Fast-growing Amaze acquires Spring

Amaze Software Inc. announced the acquisition of Spring’s best-in-class merchandising platform. Spring is most likely better known to imaging industry executives as Teespring, which is changed to in January 2021. Terms weren’t disclosed. In a statement, the company said, “We believe anyone can be a creator and those creators play an important role in how we learn, connect, and find... Read More
Perfect Corp., Provident combination approved Acquisitions 

Perfect Corp., Provident combination approved

Taiwan imaging unicorn Perfect Corp. announced its previously announced merger with Provident Acquisition Corp. was approved at an extraordinary general meeting (the “EGM”) of Provident’s shareholders on Oct. 25, 2022. Upon closing, the resulting company will be called Perfect Corp. and its shares and warrants are expected to begin trading on the New York Stock Exchange under the ticker symbols... Read More
SmugMug acquires This Week in Photo network to expand content portfolio Acquisitions 

SmugMug acquires This Week in Photo network to expand content portfolio

SmugMug announced the acquisition of photography podcast network This Week in Photo (TWiP), and the addition of TWIP Editor in Chief, professional photographer, and industry influencer Frederick Van Johnson, to the SmugMug team to lead content and new media while continuing to grow and evolve This Week in Photo. “It’s an ideal match,” says SmugMug+Flickr VP of Marketing Scott Kinzie.... Read More
Edge Imaging acquires Winnipeg’s rd PhotoCorp Acquisitions 

Edge Imaging acquires Winnipeg’s rd PhotoCorp

Toronto-based Edge Imaging announced its fourth acquisition of the year, a boutique Winnipeg volume school and team photography studio named rd PhotoCorp. Earlier this year, Edge announced four company acquisitions. The company said, “The acquisition allows Edge to take yet another step towards our goal of strengthening our brand presence and market share within Western Canada.” “After navigating conservatively through... Read More
Taylor Corp. acquires Accu Copy of Greenville Acquisitions 

Taylor Corp. acquires Accu Copy of Greenville

The Occasions Group, a Taylor Corp. company, announced it has reached an agreement to acquire the assets of Accu Copy of Greenville, Inc. Headquartered in Greenville, N.C., Accu Copy does business under the AccuLink name to deliver commercial print, direct mail and promotional marketing products while its AccuFlex division focuses on the production of flexible packaging products. The acquisition of... Read More
Edge Imaging announces four company acquisitions Acquisitions News 

Edge Imaging announces four company acquisitions

Ontario-based portrait powerhouse Edge Imaging announced it has acquired four companies within the school photography and yearbook industry to further strengthen Edge’s organization. Adanac Images brings over 70 schools with them as second-generation owners, Janet and Mark Oliver, join the Edge family. Their desire for innovation and advancement drove them to partner with one of the industry’s leaders. “Now that... Read More
Shutterfly continues to spin “beyond photo personalization” Acquisitions News 

Shutterfly continues to spin “beyond photo personalization”

Since buying the Spoonflower design and decor marketplace last year, Shutterfly has updated its messaging to extoll the virtues of going “beyond photo personalization.” This month, on the one-year acquisition anniversary of the acquisition, the company announced the launch of 4,000 artist-led designs on Shutterfly products now available on the Shutterfly platform. The press release states “Shutterfly’s expansion into the... Read More
CreativeLive acquires Wildist.co to expand photography course portfolio Acquisitions News 

CreativeLive acquires Wildist.co to expand photography course portfolio

Online learning platform CreativeLive, a Fiverr company, announced its acquisition of the content and website of outdoor and adventure photography site Wildist.co, with contributors including Chris Burkard, Alex Strohl, Finn Beales, and Benjamin Hardman. With this acquisition, Wildist.co will be folded into CreativeLive, where workshops and content will reach a broader audience, including the millions of photographers who already use... Read More
EFI acquires Inèdit software for textile printing Acquisitions News 

EFI acquires Inèdit software for textile printing

Electronics For Imaging, Inc. announced it has acquired Inèdit Software S.L., a developer of RIPs and related software for digital industrial textile printing. The acquisition extends EFI’s strategy to accelerate digital transformation in industrial print through investments that advance the company’s presence and capabilities in Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Décor applications. Inèdit will be integrated into... Read More
CEWE takes over system supplier for CEWE Photo Station Acquisitions 

CEWE takes over system supplier for CEWE Photo Station

CEWE Stiftung & Co. KGaA concluded a purchase agreement for Delmenhorst-based Hertz Systemtechnik GmbH as part of its succession plan. CEWE acquires with Hertz Systemtechnik GmbH a specialist for the development and production of POS terminal systems and its long-time partner and supplier for the CEWE Photo Station. Terms weren’t disclosed. “The acquisition of Hertz Systemtechnik GmbH is an excellent... Read More
Moonpig to buy Buyagift platform for £124 million Acquisitions News 

Moonpig to buy Buyagift platform for £124 million

Retail Insights Network reports U.K.-based greeting card and gifting platform Moonpig to buy gift experiences platform Smartbox Group UK (Buyagift) for £124 million. The company expects to record an underlying revenue growth percentage in the mid-teens for the combined entity. Buyagift serves 3.3 million customers under its two brands, Buyagift and Red Letter, and recorded double-digit revenue growth at a... Read More
Shutterstock acquires Pond5 video marketplace Acquisitions 

Shutterstock acquires Pond5 video marketplace

Shutterstock, Inc. announced the acquisition of Pond5, the large video-first content marketplace for filmmakers, media organizations, and marketers worldwide for $210 million cash. Pond5 is a leading online marketplace for royalty-free and editorial video, with customers including Netflix, Disney, NBC, BBC, Discovery Channel and The Wall Street Journal. Pond5’s comprehensive collection includes 30 million licensable video clips, 1.6 million music... Read More
Agfa-Gevaert to acquire Inca Digital Printers Acquisitions News 

Agfa-Gevaert to acquire Inca Digital Printers

The Agfa-Gevaert Group announced it will acquire Inca Digital Printers, subject to meeting and obtaining customary conditions and approvals. The acquisition strengthens Agfa’s position in high-speed digital printing and brings an additional focus on packaging printing markets, the company said. “The Inca acquisition is a major step in Agfa’s transformation further,” said Pascal Juéry, President and CEO of the Agfa-Gevaert... Read More