Announced
Completed
Financials
Sources
Tags
New Zealand
social platform
Online and Social Platforms
Acquisition
Cross Border
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
Tiny, a technology holding company, completed the acquisition of a majority stake in Letterboxd, a global social platform for film discovery and discussion. Financial terms were not disclosed. “Teaming up with Tiny represents a big leap forward for us. Tiny’s impressive track record, which includes spurring the growth of the thriving design community, Dribbble, speaks to their ability to cultivate and grow businesses like ours without altering the fundamental components that have made them successful. We see this as a huge win for our community, enabling us to cement Letterboxd’s future with additional resources without sacrificing the DNA of what makes it special," Matthew Buchanan and Karl von Randow, Letterboxd Co-Founders.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.