1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Sweden >
  5. Backlight Acquires ftrack

M&A Deal Summary

Backlight Acquires ftrack

On April 12, 2022, Backlight acquired internet software and services company ftrack from Alfvén & Didrikson

Acquisition Highlights
  • This is Backlight’s 5th transaction in the Internet Software and Services sector.
  • This is Backlight’s 2nd transaction in Sweden.

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

Target

ftrack

Stockholm, Sweden
ftrack is a cloud-based project management solution used in the media & entertainment industry to help teams meet the ever-increasing demands of post-production. ftrack was launched in 2011 and is based in Stockholm, Sweden.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Sweden M&A 2 of 2
Year: 2022 M&A 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.

Buy -

Seller(S) 1

SELLER

Alfvén & Didrikson

Investor Investor Investor

Category Growth Capital Firm
Founded 2010
Size Small
Type Sector Agnostic
DESCRIPTION

Alfvén & Didrikson is a growth-stage investment firm focused on small to mid-sized company investments in Northern Europe. The Firm will consider minority or majority positions and seeks situations where the team can add significant value. Alfvén & Didrikson was formed in 2010 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 11 of 11
Sector: Internet Software and Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Sweden M&A 10 of 10
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 Acast

Stockholm, Sweden

Acast is a curated platform for podcasts that connects listeners, creators, and advertisers in a fully integrated, one-stop shop. Acast was founded in 2014 and is based in Stockholm, Sweden.

Buy -
Mergr

Solution for

Product

Company

Legal