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Announced

The Hettema Group and Themespace to form a joint venture.

Financials

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

Sources

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Tags

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United States

Domestic

Private

Majority

Pending

design studio

Joint Venture

Single Bidder

Entertainment

Friendly

Acquisition

Synopsis

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Design studios and entertainment companies The Hettema Group and Themespace agreed to form a joint venture, to create awe-inspiring attractions around the world for theme parks, museums, and leading brands. Financial terms were not disclosed. “I’m thrilled to partner with Themespace. I have long been inspired by Erik’s creativity and innovative spirit, and I believe he will be the perfect partner as we embark on this new chapter. As an independent agency, we will specialize in close partnerships with our clients, to help them realize their goals and turn their dreams into destinations. Through our holistic approach combining both the creative and business sides of a project, we have the ability to create incredible experiences from concept all the way through execution," Phil Hettema, Hettema Group Owner.

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