M&A Deal Summary

Backlight Acquires Celtx

On April 12, 2022, Backlight acquired internet software and services company Celtx

Acquisition Highlights
  • This is Backlight’s 5th transaction in the Internet Software and Services sector.
  • This is Backlight’s 1st transaction in Canada.
  • This is Backlight’s 1st transaction in Newfoundland.

M&A Deal Summary
Date 2022-04-12
Target Celtx
Sector Internet Software and Services
Buyer(s) Backlight
Deal Type Add-on Acquisition

Target

Celtx

St. John’s, Newfoundland, Canada
Celtx provides pre-production planning software, including scriptwriting, storyboarding, shot-planning, and budgeting, to in-house production teams, agencies, film schools and universities, game studios, and media & entertainment companies. Celtx is based in St. John’s, Newfoundland.

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Buyer(S) 1

Buyer

Backlight

Lexington, Massachusetts, United States
Category Company
Founded 2021
Sector Internet Software and Services
DESCRIPTION

Backlight is a media technology company that improves video content ideation, production, post-production, and distribution. Backlight was founded in 2021 and is based in Lexington, Massachusetts.

DEAL STATS #
Overall 5 of 5
Sector (Internet Software and Services) 5 of 5
Type (Add-on Acquisition) 5 of 5
State (Newfoundland) 1 of 1
Country (Canada) 1 of 1
Year (2022) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Zype

New York, New York, United States

Zype provides the infrastructure for digital video with a cloud-based platform to manage and distribute enterprise-grade video across the web, mobile, TV, and social media. Offering both developer-friendly tools such as customizable APIs as well as turnkey solutions for OTT apps and linear/FAST channels, Zype’s SaaS solutions enable video creators or distributors to quickly build, launch, and manage superior video products at scale. Zype was launched in 2014 and is based in New York City.

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