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  6. Solotech Acquires XR Studios

M&A Deal Summary

Solotech Acquires XR Studios

On December 17, 2021, Solotech acquired media company XR Studios

Acquisition Highlights
  • This is Solotech’s 5th transaction in the Media sector.
  • This is Solotech’s 5th transaction in the United States.
  • This is Solotech’s 1st transaction in California.

M&A Deal Summary
Date 2021-12-17
Target XR Studios
Sector Media
Buyer(s) Solotech
Deal Type Add-on Acquisition

Target

XR Studios

Los Angeles, California, United States
XR Studios is a full-service agency specializing in extended reality, which is comprised of augmented reality technology for live broadcast and virtual productions. XR Studios is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Solotech

Montreal, Quebec, Canada
Category Company
Founded 1977
Sector Media
DESCRIPTION

Solotech provides audio services, installations, and rentals of production units. Solotech was founded in 1977 and is based in Montreal, Quebec.

DEAL STATS #
Overall 8 of 8
Sector: Media M&A 5 of 5
Type: Add-on Acquisition M&A Deals 8 of 8
State: California M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2021 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Waveform

Toronto, Ontario, Canada

Waveform is a Canadian esports entertainment company specializing in full services esports solutions, including creative and design, technologies, event execution, brand solutions, digital marketing, talent management, sponsorships, and virtual and live production services. Waveform is based in Toronto, Ontario.

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