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New Deal


Announced

Completed

PSG-backed Backlight completed the acquisition of ftrack, iconik, Celtx, Wildmoka, and Zype.

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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Acquisition

Sweden

Single Bidder

media management software

Completed

Canada

Private

France

Private Equity

Software

Friendly

Cross Border

Majority

Synopsis

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PSG-backed Backlight, a media technology company, completed the acquisition of ftrack, iconik, Celtx, Wildmoka, and Zype, media software businesses. Financial terms were not disclosed. “I believe the explosion and democratization of content creation, combined with the incredible growth and fragmentation of consumption, have created massive complexity and new opportunities for creatives and content owners. The market is demanding innovative, flexible, cloud-based solutions to modernize media workflows. With five incredible business units, each led by visionary CEOs delivering compelling, differentiated solutions, Backlight is well positioned to be a trusted partner for customers with mission-critical creative processes and video pipelines," Ben Kaplan, Backlight President and CEO.

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