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New Deal


Announced

Shutterstock to acquire TurboSquid for $75m.

Financials

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Transaction Value£54m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

United States

Acquisition

Domestic

3D marketplace

Digital Services

Friendly

3D models

Single Bidder

Pending

digital artists

Synopsis

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Shutterstock, an American provider of stock photography, stock footage, stock music, and editing tools, agreed to acquire TurboSquid, a source for stock 3D models, for $75m. "The visionary leadership and tech innovation make it the perfect place for TurboSquid and its employees to continue what we do best -- creating and building a 3D powerhouse and cloud-based digital asset management solution," Matt Wisdom, TurboSquid Chief Executive Officer.

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