Announced
Financials
Tags
Acquisition
Friendly
Merger
Private
visual effects
Majority
Single Bidder
United States
production company
Entertainment
Pending
Private Equity
Cross Border
Synopsis
Aleph Capital and Crestview Partners-backed Framestore, a provider of animation, VFX, and other creative services, agreed to merge with Company 3, a provider of post production, color grading and location services for feature films, commercials, music videos and television, and Method, a provider of advertising and design services. Financial terms were not disclosed. "Our vision for the future of our industry is storytelling across all the media of content delivery – from mobile to IMAX; and headset to theme parks. Stories originated in one medium need to be able to travel across all of these and be adapted creatively and technically for each. Our partnership with Aleph and Crestview has allowed us and our expanded team to lead in the innovation of this new content world," William Sargent, Framestore Co-Founder and CEO.
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