M&A Deal Summary

Shutterstock Acquires Splash News

On May 31, 2022, Shutterstock acquired digital media company Splash News from Rcapital

Acquisition Highlights
  • This is Shutterstock’s 6th transaction in the Digital Media sector.
  • This is Shutterstock’s 9th transaction in the United States.
  • This is Shutterstock’s 2nd transaction in California.

M&A Deal Summary

Date 2022-05-31
Target Splash News
Sector Digital Media
Buyer(s) Shutterstock
Sellers(s) Rcapital
Deal Type Add-on Acquisition

Target

Splash News

Los Angeles, California, United States
Splash News is a provider of images, videos, and stories to top publishers across the globe. Splash has developed a loyal, expanding contributor network of over 4,000 photographers around the world, who upload over 20,000 assets each day. Splash News was founded in 1990 and is based in Los Angeles, California.

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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 13 of 16
Sector (Digital Media) 6 of 8
Type (Add-on Acquisition) 13 of 15
State (California) 2 of 2
Country (United States) 9 of 10
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-11 Pond5

New York, New York, United States

Pond5 is an online marketplace for royalty-free and editorial video, with customers including Netflix, Disney, NBC, BBC, Discovery Channel, and The Wall Street Journal. The company's comprehensive collection includes 30 million licensable video clips, 1.6 million music tracks, and 1.7 million sound effects assets. It serves the needs of creators across industries from individual users to major corporations with competitive pricing and an array of purchase options including a unique pay-per-item model. Purchases are backed by a broad and flexible license, the best price guarantee, and a dedicated team standing by to provide expert assistance. Pond5 was formed in 2006 and is based in New York, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 GIPHY

New York, New York, United States

GIPHY is a search engine that allows users to search, share and discover animated graphics on the internet. The content on GIPHY's website, app, and API includes the most popular GIFs on the web, along with content created by talented GIF artists and world-class brands. GIPHY was founded in 2013 and is based in New York City.

Buy $53M

Seller(S) 1

SELLER

Rcapital

Mayfair, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

RCapital Partners LLP is a specialist private investment firms that targets turnaround and growth capital investments opportunities in a variety of industries. RCapital will consider companies across the UK and Europe and looks to commit £500,000 - £20 million in businesses generating sales of £5 - £100 million. RCapital Partners LLP was formed in 2004 and is based in London.


DEAL STATS #
Overall 26 of 26
Sector (Digital Media) 3 of 3
Type (Add-on Acquisition) 9 of 9
State (California) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-23 Archant Community Media

Norwich, United Kingdom

Archant is a media company serving geographical and specialist interest communities with over 140 brands and associated websites. Its collection of more than 60 news brands includes the Eastern Daily Press in Norfolk, the East Anglian Daily Times in Suffolk, and the Ham & High in London. Archant was founded in and is based in Norwich, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 Avonside Energy

Leicester, United Kingdom

Avonside Energy is the insulation and solar PV service provider of choice for house builders across the UK. Avonside Energy has a strong national presence with operations in the West Midlands, East Midlands, Glasgow, Leeds, Newcastle, Warrington, and Stevenage. Avonside Energy is based in Leicester, United Kingdom.

Buy -