M&A Deal Summary

Getty Images Acquires PhotoDisc

On February 9, 1998, Getty Images acquired media company PhotoDisc from TA Associates

Acquisition Highlights
  • This is Getty Images’ 1st transaction in the Media sector.
  • This is Getty Images’ 1st transaction in the United States.
  • This is Getty Images’ 1st transaction in Washington.

M&A Deal Summary

Date 1998-02-09
Target PhotoDisc
Sector Media
Buyer(s) Getty Images
Sellers(s) TA Associates
Deal Type Add-on Acquisition

Target

PhotoDisc

Seattle, Washington, United States
PhotoDisc, Inc. is a supplier of high quality, royalty-free digital stock images to the professional graphics arts market.

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Buyer(S) 1

Buyer

Getty Images

Seattle, Washington, United States

Category Company
Founded 1995
Sector Digital Media
Employees1,700
Revenue 939M USD (2024)
DESCRIPTION

Getty Images offers a full range of content solutions to meet the needs of customers around the world. With a broad portfolio that includes the Getty Images, Stock, and Unsplash brands, the Company reaches and empowers a broad base of global customers ranging from international enterprises to amateur creators. Getty Images was formed in 1995 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 11
Sector: Media M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 10
State: Washington M&A 1 of 1
Country: United States M&A 1 of 4
Year: 1998 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-22 image.net

London, United Kingdom

image.net Ltd. is a provider in the digital distribution of publicity and marketing materials for the entertainment industry.

Buy €14M

Seller(S) 1

SELLER

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 40 of 260
Sector: Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 19 of 133
State: Washington M&A 2 of 7
Country: United States M&A 38 of 207
Year: 1998 M&A 4 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-02 NetEdge Systems

West Chester, Pennsylvania, United States

NetEdge Systems produces ATM network access routers.

Sell $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-10 Preferred Payment Systems

Naperville, Illinois, United States

Preferred Payment Systems (PPS) provides medical bill review services and preferred provider discount services to healthcare payors.

Sell -