M&A Deal Summary

PhotoShelter Acquires Socialie

On June 13, 2023, PhotoShelter acquired software company Socialie

Acquisition Highlights
  • This is PhotoShelter’s 2nd transaction in the Software sector.
  • This is PhotoShelter’s 1st transaction in the United States.
  • This is PhotoShelter’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-06-13
Target Socialie
Sector Software
Buyer(s) PhotoShelter
Deal Type Add-on Acquisition

Target

Socialie

Philadelphia, Pennsylvania, United States
Socialie is a content delivery software platform that allows brands to deliver their high-quality photos, videos, and highlights to their external stakeholders for easy publishing. It helps organizations in create, distribute, publish, and track engagement with digital content, primarily through social media channels. Socialie is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

PhotoShelter

New York, New York, United States
Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

PhotoShelter is a provider of SaaS digital asset management (DAM) solutions that enable photographers and creative teams to unlock the power of a moment through tools to seamlessly organize, manage and distribute digital content. PhotoShelter was founded in 2005 and is based in New York City.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-20 Third Light

Cambridgeshire, United Kingdom

Third Light is a DAM software provider and recognized for enabling streamlined content exchange across creative teams, powerful search tools, unique features such as desktop sync and a variety of marketing-tech integrations that make them the central source of truth for visual assets. Third Light was founded in 2002 and is based in Cambridgeshire, England.

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