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R.R. Donnelley accepts revised Atlas proposal Acquisitions 

R.R. Donnelley accepts revised Atlas proposal

GaryPageau
R.R. Donnelley & Sons accepted a revised proposal from Atlas Holdings affiliates to raise the price per share of their pending acquisition of RRD to $10.35/share in cash, worth about $2.2 billion. Just earlier this month, R.R. Donnelley had stated that the bid from Atlas Holdings’ rival Chatham Asset, was a superior choice. R.R. Donnelley agreed to an amendment to its previously... Read More
Smartphoto group takes over gift-marketer Frucon² Acquisitions News 

Smartphoto group takes over gift-marketer Frucon²

GaryPageau
Smartphoto group NV, the Belguin-based player in personalized e-commerce, came to a final agreement regarding the acquisition of Frucon² NV from entrepreneur Benny Sintobin. Frucon², located in Ardooie, Belgium, is one of the online European market leaders in the sale of personalised gift packages with chocolate, beer, fruit or flowers for companies and consumers, with websites such as Gift.be and... Read More
Picsart to acquire computer vision and AI company DeepCraft Acquisitions News 

Picsart to acquire computer vision and AI company DeepCraft

GaryPageau
Digital creation platform Picsart is acquiring the research and development company DeepCraft for an undisclosed sum. This is Picsart’s second video-based acquisition. Last year Picsart acquired the advanced video effects company “D’efekt,” since rebranded to EFEKT. This is also Picsart’s first acquisition since the announcement of its Series C funding and unicorn status earlier this year. The company said DeepCraft’s “breakthroughs in computer... Read More
Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales Acquisitions News 

Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales

GaryPageau
Urbanimmersive closed the acquisition of all the outstanding shares of the real-estate photography agency Agence Immophoto Inc. for a total purchase price of $500,000. of which $300,000 payable immediately, $100,000 payable by the immediate issuance of 103,093 shares of the company stock at a price of $0.97 per share, and $100,000 payable in shares 12 months following closing. This new... Read More
Vitec Group acquires Savage Universal Acquisitions News 

Vitec Group acquires Savage Universal

GaryPageau ,
Vitec Imaging Solutions, a division of The Vitec Group plc announced the acquisition of Phoenix, Ariz-based, background manufacturer Savage Universal Corp. and its affiliates, with the deal expected to close by the end of November 2021. Savage Universal was founded in 1937 and manufactures an extensive range of high-quality, specialist, seamless paper backgrounds, or backdrops, ensuring the essentially flat, crease-free... Read More
Zenfolio acquires Format website-building business Acquisitions News 

Zenfolio acquires Format website-building business

GaryPageau ,
Zenfolio has acquired Format, a worldwide website-building platform and marketplace based in Toronto, Canada. Both companies offer SaaS business solutions; Zenfolio since 2006 and Format since 2010. Terms weren’t disclosed. The two brands will initially operate in parallel, each retaining its current employee workforce and subscription base. Format will continue to be headquartered in Toronto. Zenfolio headquarters will continue to... Read More
RR Donnelley agrees to $2.1 billion acquisition from from Atlas Holdings Acquisitions News 

RR Donnelley agrees to $2.1 billion acquisition from from Atlas Holdings

GaryPageau , ,
North America’s largest commercial printing conglomerate (and owner of the Motif Photos app) RR Donnelley & Sons (RRD) announced it  entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings in an all-cash transaction with a value of approximately $2.1 billion ($8.52 per share). The transaction, unanimously approved by the RRD board, is expected to close in the... Read More
VistaPrint acquires DepositPhotos and Crello, changes name to Vista Acquisitions News 

VistaPrint acquires DepositPhotos and Crello, changes name to Vista

GaryPageau , ,
Fueled by recent acquisitions, personalized printing platform VistaPrint is rebranding as “Vista” to reflect the company’s pivot to becoming a full-range graphics company. This new parent brand encompasses VistaPrint, 99designs by Vista, Vista x Wix and the company’s most recent acquisition, Crello. Crello, a do-it-yourself (DIY) digital design site founded in 2017, is now rebranded under Vista as VistaCreate. As... Read More
Edge Imaging acquires Lasting Images Photography Acquisitions 

Edge Imaging acquires Lasting Images Photography

GaryPageau ,
Effective Aug. 31, 2021, Edge Imaging Inc., the largest Canadian-owned and operated school digital imaging company, acquired the school photography business of Lasting Images Photography of St. Catharines, Ontario. This is the second acquisition for Edge Imaging during the pandemic: In February, the  Toronto-based company acquired Bob Johnson Photography. Last October, the Dead Pixels Society interviewed James Aziz, CEO of... Read More
Shutterstock acquires PicMonkey Acquisitions 

Shutterstock acquires PicMonkey

GaryPageau ,
Shutterstock, Inc. announced the $110 million acquisition of PicMonkey, an online graphic design and image editing platform, from Spectrum Equity. The company said the deal complements Shutterstock’s content subscriptions with easy-to-use image and video design tools and expands Shutterstock’s “audience reach and addressable market by extending into the rapidly growing $8 billion market opportunity for creative software and design tools.” The... Read More
Sky News: Photobox Group in talks to combine with Albelli Acquisitions 

Sky News: Photobox Group in talks to combine with Albelli

GaryPageau , , ,
Sky News reports the owner of  U.K.-based Photobox Group – private-equity firm Exponent – is in “advanced talks” combine with continental personalized printing competitor Albelli (also known as Albumprinter Holding). The combined business would be worth £500 million. City Editor Mark Kleinman writes the deal is close to being finalized but could still fall through. Albelli operates Bonusprint, which is in... Read More
Pixieset acquires Flothemes, maker of WordPress photographer themes Acquisitions 

Pixieset acquires Flothemes, maker of WordPress photographer themes

GaryPageau ,
Vancouver-based software solutions provider Pixieset Media Inc. announced the successful acquisition of Flothemes, a premium WordPress website designer for photographers and other creative businesses. In conjunction with the transaction, Flothemes founder Ross Tanner has joined Pixieset’s leadership team as Director of Design & Business Development. Fasken Martineau DuMoulin LLP served as legal counsel to Pixieset, while The Lew Firm, APC... Read More
Fotomerchant acquires ELEMENTICE, maker of imaging transmission gear Acquisitions 

Fotomerchant acquires ELEMENTICE, maker of imaging transmission gear

GaryPageau ,
Volume photography workflow company Fotomerchant has gotten into the hardware side of the business with the acquisition of ELEMENTICE, a tech company also based in Australia. The acquisition is the second for Fotomerchant this year; the company acquired eCommerce platform SimplePhoto in February. Founded in 2014, ELEMENTICE brings “real-time image delivery, workflow automation, and marketing solutions to the professional photography... Read More
Precision Proco Group purchases Photobox production facility in West London Acquisitions News 

Precision Proco Group purchases Photobox production facility in West London

GaryPageau ,
PRECISION Proco Group has purchased the West London production facility of Photobox, according to a company statement. The company completed the deal on the Willen Field Road facility on Aug. 1, 2021, and as part of the transaction, the affiliated Photobox employees will transfer to Precision Proco Group. Terms weren’t disclosed. The deal only involves the purchase of the UK... Read More