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Transactions / P••••••••

S••••••••• Acquires P•••••••• , a Leading Creative Design Platform

Exit to a strategic buyerannouncedannouncement date unknownFact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
consumer / brand
Target location
unknown
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
8 named
Buy side
  • S••••••••• I•••Strategic acquirerconfirmed
    S••••••••• I••• (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses and media companies, today announced the acquisition of P••••••••, a leading online graphic design and image editing platform that enables c
Sell side
  • Past performance is not indicative of future results, and there is a possibility of loss in connection with an investment in any S••••••• Fund. | published on S••••••• E•••••'s own news page www.spectrumequity.com
Advisory side
  • C••• A•••••••Buy-side adviserconfirmed
    C••• A••••••• acted as financial advisor, and S••••••• M••••• acted as legal advisor to S•••••••••.
  • L••••• • W•••••• L••Legal adviserconfirmed
    L•••••••• P••••••• acted as financial advisor, and L••••• • W•••••• acted as legal advisor to P••••••••.
  • S••••••• M•••••Legal adviserconfirmed
    C••• A••••••• acted as financial advisor, and S••••••• M••••• acted as legal advisor to S•••••••••.
  • L•••••••• P•••••••Sell-side adviserconfirmed
    L•••••••• P••••••• acted as financial advisor, and L••••• • W•••••• acted as legal advisor to P••••••••.
Side not stated
  • A key element of S•••••••••’s strategy and vision is providing a suite of solutions for the entire creative journey, regardless of experience or expertise level,” said S••• P••••••••, Chief Executive Officer at S•••••••••.
  • S••••••••• I••• (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses and media companies, today announced the acquisition of P••••••••, a leading online graphic design and image editing platform that enables c
Evidence
S••••••••• I••• (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses and media companies, today announced the acquisition of P••••••••, a leading online graphic design and image editing platform that enables creators of any skill level to design high-quality visual assets – from presentations, advertisements and logos, to business cards and banners – for an array of use cases, including digital marketing, advertising, and social media posts.