Rex Features (Holdings) Limited has been acquired by Shutterstock, Inc.
The private shareholders of Rex Features (Holdings) Limited have sold the company to Shutterstock, Inc. for US$33 million.
Rex Features is the largest independently owned photographic agency in Europe. The group has established an international reputation as a premier source of editorial images for the world’s media. Rex Features is particularly well known for celebrities, personalities, news and features and, is considered as the agency of choice for the coverage of Royal events around the world.
Founded in 2003 and headquartered in New York City, Shutterstock is a leading provider of digital imagery licensing, operating in more than 150 countries and 20 languages. “The acquisition of Rex Features marks our substantive entry into editorial imagery – a new market for Shutterstock with significant potential and many opportunities to better serve global media companies," said Jon Oringer, Shutterstock founder and CEO.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
GroupTalk has been acquired by AddSecure
The private shareholders of GroupTalk have sold the company to AddSecure, a leading European provider of secure IoT connectivity and end-to-end solutions. This acquisition supports AddSecure’s strategic goal of expanding its offering in secure critical communications.
Learn moreRindegastos has been acquired by Visma
Rindegastos S.p.A. has been acquired by Visma. The transaction involved the sale of 100% of the company, with 60% of the shares transferred at closing and the remaining shares to be sold through deferred payments, contingent on Rindegastos’ future performance. This structure aims to align incentives around the company’s continued growth and expansion, ensuring a change of control that reflects Rindegastos’ long-term vision and expectations.
Learn moreKame has been acquired by Siigo
Enterprise Resource Planning (ERP) software company Kame has been acquired by Siigo, an accounting and administrative software provider and a portfolio company of the investment fund Accel-KKR. This transaction marks Siigo’s entry into the Chilean market and supports its ongoing expansion strategy across Latin America.
Learn more