Announced
Completed
Financials
Sources
Tags
Single Bidder
Private Equity
cloud storage
Cross Border
United States
Majority
stock photos
Completed
Friendly
digital photos
Data Centers and Hosting
Private
Acquisition
Synopsis
Green Farms Capital, a private investment firm that makes control and non-control investments in growing lower-middle market companies and London Capital Partners, a private equity investment group of the Landon family, completed the investment in iMemories, a technology-driven company that converts analog home movie films and videotapes, photo prints, negatives, and slides to a modern digital format. Financial terms were not disclosed. "This is a significant step for the future of iMemories and an exciting time for our industry. This monumental partnership will provide us with the resources to continue innovating and growing for everyone who wants to bring family memories from past generations back to life and preserve new memories for future generations. We're grateful for our new relationship with Greens Farms Capital and Landon Capital Partners, and eager to see where it takes us," Steve Krell, iMemories President and COO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.