Announced
Financials
Tags
visual effects
Australia
Private Equity
Entertainment
Acquisition
Majority
Pending
Friendly
Single Bidder
Cross Border
Private
Synopsis
EagleTree Capital-backed FuseFX, a full-service, award-winning visual effects company with studios in Los Angeles, New York, Atlanta, Vancouver, Montréal, Toronto, and Bogotá, agreed to acquire Rising Sun Pictures, a visual effects studio headquartered in Adelaide, Australia. Financial terms were not disclosed. "Tony, Gail, Wayne and the entire team at Rising Sun Pictures have created one of the most well-established and respected independent studios in the world. Their commitment to delivering the highest quality art and service to their clients has helped make them an icon in the visual effects industry. Their previous work and position in the industry make them a fantastic partner for FuseFX," David Altenau, FuseFX Founder and CEO.
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