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Announced

Klass Capital-backed Rightsline completed the acquisition of REAL Software Systems.

Financials

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

Tags

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United States

Majority

Acquisition

Friendly

Single Bidder

Private

it consulting

Digital Services

Completed

Cross Border

Private Equity

it services

Synopsis

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Klass Capital-backed Rightsline, a rights and finance management platform for the media and entertainment industry, completed the acquisition of REAL Software Systems, a provider of integrated solutions to manage intellectual property rights and deal accounting. Financial terms were not disclosed. "Before this acquisition, Rightsline was already the established leader for managing Hollywood’s global IP rights. With this acquisition, we’ve assembled a product suite designed to manage the entire lifecycle of IP monetization for nearly any company, in any industry, anywhere in the world," Patrick Arkeveld, Rightsline CEO.

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