Announced
Completed
Financials
Tags
Domestic
Single Bidder
Majority
Acquisition
Reverse Takeover
Merger
De-SPAC
Friendly
Private
Private Equity
United States
visual marketplace
Digital Services
Completed
Synopsis
Koch Equity-backed Getty Images, a preeminent global visual content creator and marketplace, went public via a SPAC merger with CC Neuberger Principal Holdings II in a $4.8bn deal. The SPAC deal was backed by CC Capital and Neuberger Berman. "Getty Images moves the world with content that can’t be found anywhere else. We believe that our diverse, premium, and exclusive content partner base creates the most iconic moments of our time. Our team develops technology and harnesses data to generate unique insights for our customers, and our archive dates back to the beginning of photography. The decision to return to public markets enables us to continue defining and growing the creative economy in partnership with our stockholders. We are excited to partner with Chinh and CC Neuberger, in addition to the Getty family and Koch Equity Development affiliate, Koch Icon Investments, as we enter this new stage," Craig Peters, Getty Images CEO.
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