M&A Deal Summary

Bynder Acquires WebDAM

On February 16, 2018, Bynder acquired digital media company WebDAM from Shutterstock for 49M USD

Acquisition Highlights
  • This is Bynder’s 1st transaction in the Digital Media sector.
  • This is Bynder’s largest (disclosed) transaction.
  • This is Bynder’s 1st transaction in the United States.
  • This is Bynder’s 1st transaction in California.

M&A Deal Summary

Date 2018-02-16
Target WebDAM
Sector Digital Media
Buyer(s) Bynder
Sellers(s) Shutterstock
Deal Type Divestiture
Deal Value 49M USD

Target

WebDAM

San Mateo, California, United States
WebDAM is a provider of web-baseddigital asset management software. WebDAM provides marketing and creative teams with online tools for managing, searching, distributing and collaborating on creative digital assets in the cloud, including images, videos, creative files, documents and presentations.

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Buyer(S) 1

Buyer

Bynder

Amsterdam, Netherlands

Category Company
Founded 2013
Sector Digital Media
DESCRIPTION

Bynder is the fastest way to professionally manage digital files. Its digital asset management (DAM) platform offers marketers a smart way to find and share creative files such as graphics, videos and documents. More than 250,000 brand managers, marketers and creatives from 450+ organizations like PUMA, innocent drinks and KLM Royal Dutch Airlines use Bynder to organize company files; edit and approve projects in real time; auto-format and resize files; and make the right content available to others at the click of a button. Bynder was founded in 2013 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 1 of 2
Sector (Digital Media) 1 of 2
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-03 GatherContent

Brighton, United Kingdom

GatherContent is a provider of digital ecosystem and comprehensive platform for delivering content that creates powerful digital experiences. GatherContent was founded in 2012 and is based in Brighton, United Kingdom.

Buy -

Seller(S) 1

SELLER

Shutterstock

New York, New York, United States

Category Company
Founded 2003
Sector Digital Media
Employees1,274
Revenue 875M USD (2023)
DESCRIPTION

Shutterstock is a provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Shutterstock was founded in 2003 and is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-27 Flashstock Technology

Toronto, Ontario, Canada

Flashstock Technology, Inc. is a provider of customized visual content for the world's top brands. Working with its global network of contributors, Flashstock enables the efficient creation of custom content through its proprietary software platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-11 Amper Music

New York, New York, United States

Amper Music, Inc. is an AI-driven music platform that enables users to create and customize original music by leveraging over one million individual audio samples recorded by musicians on thousands of unique instruments. Amper Music was founded in 2014 and is based in New York City.

Buy -