Add-on Acquisition • Digital Media

FutureDeluxe Acquires Tendril

On January 26, 2023, FutureDeluxe acquired digital media company Tendril

Acquisition Context

This is FutureDeluxe’s 1st transaction in the Digital Media sector.
This is FutureDeluxe’s 1st transaction in Canada.
This is FutureDeluxe’s 1st transaction in Ontario.

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M&A Deal Summary
Date	January 26, 2023
Target	Tendril
Sector	Digital Media
Buyer(s)	FutureDeluxe
Deal Type	Add-on Acquisition

Target Company

Tendril

Toronto, Ontario, Canada

Tendril is a global creative studio at the intersection of design, animation, and technology that tells transformational stories for organizations. The company's services include strategy + R&D, creative direction, design + design systems, full-service production, animation + VFX, and AR + XR experiences. Tendril was formed in 2010 and is based in Toronto, Ontario.

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Buyer Overview 1

Buyer

FutureDeluxe

London, United Kingdom

Category	Company
Sector	Business Services

DESCRIPTION

FutureDeluxe is a global digital creative studio focused on crafting aspirational content for future-facing brands. The business is respected worldwide for best-in-class CGI, VFX, and real-time moving imagery. Their sophisticated design aesthetic has been sought out by brands including Apple, Nike, Converse, Sony PlayStation, and Google. FutureDeluxe is based in London.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Digital Media	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2023	1 of 1

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