M&A Deal Summary

Shutterstock Acquires PremiumBeat

On January 15, 2015, Shutterstock acquired digital media company PremiumBeat for 32M USD

Acquisition Highlights
  • This is Shutterstock’s 3rd transaction in the Digital Media sector.
  • This is Shutterstock’s 5th largest (disclosed) transaction.
  • This is Shutterstock’s 1st transaction in Canada.
  • This is Shutterstock’s 1st transaction in Quebec.

M&A Deal Summary
Date 2015-01-15
Target PremiumBeat
Sector Digital Media
Buyer(s) Shutterstock
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

PremiumBeat

Montreal, Quebec, Canada
PremiumBeat is a provider of exclusive, high-quality music and sound effects for use in videos, films, television, apps, games, and other creative projects.

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Buyer(S) 1

Buyer

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 4 of 16
Sector (Digital Media) 3 of 8
Type (Add-on Acquisition) 4 of 15
State (Quebec) 1 of 1
Country (Canada) 1 of 2
Year (2015) 2 of 2
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-15 Rex Features

London, United Kingdom

Rex offers media companies and advertisers images and videos that capture the world around us, including a live feed of tightly edited celebrity, entertainment, sports and news images and videos, along with access to a multi-decade archive of iconic images.

Buy $33M
FOLLOWING 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.

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Mergr

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