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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
Circle Graphics acquires Canvaspop Acquisitions 

Circle Graphics acquires Canvaspop

GaryPageau ,
  Circle Graphics continues to expand its portfolio with its fifth acquisition – this time of Ottawa-based Canvaspop – since being acquired by investment firm H.I.G. Capital in 2019. Financial terms weren’t disclosed. Circle acquired Graphik Dimensions in November 2020 and Bay Photo in August 2020, as well as billboard companies MetroMetromedia and Anthem Displays. Founded in 2009, Canvaspop serves... Read More
PlanetArt acquires assets of personalized children’s book publisher, I See Me! Acquisitions 

PlanetArt acquires assets of personalized children’s book publisher, I See Me!

GaryPageau ,
PlanetArt, the personalized e-commerce division of Claranova, acquired certain assets of Minneapolis-based I See Me!® from the McEvoy Group in a move that signals the company’s deepening commitment to custom children’s products, the company said. I See Me! publishes more than 60 personalized children’s books, as well as other products for children, each of which can be customized via its website... Read More
Quebec’s Urbanimmersive acquires three real estate photography agencies Acquisitions News 

Quebec’s Urbanimmersive acquires three real estate photography agencies

GaryPageau
Urbanimmersive Inc. announced the completion of the acquisition of all of the outstanding shares of real estate photography agencies EGP Technovirtuel Inc. and Graphique ID Solutions Inc. and all of the intangible assets of La Clique Mobile s.e.n.c. for an aggregated purchase price of $3.03M, including $1.77M payable in cash immediately, $100k payable in 100 days and $1.16 million payable through the... Read More
Kamera Express acquires Germany’s GM-Foto Acquisitions News 

Kamera Express acquires Germany’s GM-Foto

GaryPageau ,
The Dutch photo and video trading company Kamera Express takes over the German specialty store GM-Foto in Frankfurt, according to Foto Contact. This means after Hanover, Kamera Express will have a second superstore in Germany and will also add a third online shop to its portfolio. The dealer operates online with the Camera Express, Photospecialist, and now GM-Foto in Germany.... Read More
Shutterfly acquires design and decor marketplace, Spoonflower Acquisitions News 

Shutterfly acquires design and decor marketplace, Spoonflower

GaryPageau , , , ,
Shutterfly announced an agreement to acquire Spoonflower, a Durham, N.C.-based artists marketplace, in “an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments,” the company said in an announcement. The acquisition, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter of 2021. According... Read More
Foreground launches as a new company combining ShootProof, Collage Acquisitions News 

Foreground launches as a new company combining ShootProof, Collage

GaryPageau , , , , ,
Foreground is a new company formed by the combination of Shootproof, the pro photography productivity solution, and Collage, the photo-printing and gifting site. According to the press release, the Foreground “enters into the nearly $4 billion consumer and professional photography industry, as an exciting new player that brings together industry veterans and technology leaders in the ‘age of the creator.'”... Read More
Noritsu Koki Co. acquires audio company JLab for $370 million Acquisitions News 

Noritsu Koki Co. acquires audio company JLab for $370 million

GaryPageau
Photofinishing equipment pioneer Noritsu Koki Co. Ltd. continued its diversification into the audio market with the acquisition of San Diego, Calif.-based JLab for $370 million; the transaction is expected to close in the second quarter. As a part of this new ownership, JLab will continue to operate as an independent company under the JLab name, with its sales, marketing, product... Read More
Sue Bryce Education/Portrait Masters acquired by Emerald’s Photo Group Acquisitions 

Sue Bryce Education/Portrait Masters acquired by Emerald’s Photo Group

GaryPageau
Sue Bryce Education and The Portrait Masters have joined Rangefinder + WPPI and PHOTOPLUS as part of Emerald’s Photo Group. The acquisition adds two successful online education platforms and an intimate annual conference and tradeshow to Emerald’s photography brands, the company said. Photographer and educator Sue Bryce co-founded Sue Bryce Education (SBE) in 2015 with partners Aaron Andersen, Craig Swanson and... Read More
MailPix commemorates seven years of acquisitions and growth Acquisitions News 

MailPix commemorates seven years of acquisitions and growth

GaryPageau
MailPix, the photo-printing, canvas and gifting site, commemorates the seven-year anniversary of its acquisition of a major competitor, Winkflash. At the time, the 12-year-old photo-printing site was based in Attleboro, MA. At the time, Fred H. Lerner, CEO and founder of MailPix, noted: “MailPix is well-positioned to continue its accelerated growth path, through both acquisitions and organic expansion via mobile... Read More
Apollo Global Management to acquire Michaels for $5 billion Acquisitions 

Apollo Global Management to acquire Michaels for $5 billion

GaryPageau , ,
Craft retailer The Michaels Companies announced it has entered into a $5 billion deal to merge with affiliates of investment fund Apollo Global Management. (Incidentally, Apollo Global Management owns Shutterfly Inc.) Under the terms of the agreement, Apollo will commence a tender offer to acquire all outstanding shares of Michaels for $22.00 per share in cash. The purchase price represents... Read More
Fotomerchant acquires eCommerce platform SimplePhoto Acquisitions 

Fotomerchant acquires eCommerce platform SimplePhoto

GaryPageau ,
Sydney-based Fotomerchant, the workflow platform for volume studios, announced it acquired SimplePhoto, the long-running eCommerce platform for the photography market. This marks the first acquisition for Fotomerchant as it continues its expansion into global markets, the company said. The announcement said the combined decades of experience, development experience, and service/support teams will “drive the volume industry forward through innovation and... Read More
Vivid-Pix acquires Reunions Magazine Acquisitions 

Vivid-Pix acquires Reunions Magazine

GaryPageau ,
Vivid-Pix, the provider of AI-powered image restoration software, has acquired Reunions magazine, a leading publication for reunion planning and celebration. From its beginnings as a print magazine and expanding online, Reunions magazine provides education, resources, and event sharing – pre-, during-, and post- the reunion event, according to the announcement. Reunions magazine will be updated and expanded for easy access... Read More
Edge Imaging acquires Ontario studio Bob Johnson Photography Acquisitions News 

Edge Imaging acquires Ontario studio Bob Johnson Photography

GaryPageau ,
Toronto-based school photography leader Edge Imaging announces the acquisition of local firm Bob Johnson Photography. The acquisition adds primarily to Edge’s graduation photography portfolio in the Peterborough, Ontario region, the company said. The acquisition will add 6 high schools and two private schools to the Edge Imaging portfolio. “Edge’s ability to grow in this challenging time is incredibly encouraging and... Read More