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
Infotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn moreFairness opinion provided to the independent Board members of Orange Belgium
The independent Board members of Orange Belgium have received a fairness opinion in the context of a contribution in-kind of VOO shares in Orange Belgium.
Learn moreEVIO has raised funds from Lince Capital for its international expansion
EVIO has secured a second fundraising round lead by Lince Capital, a Portuguese private equity firm, in order to fund its international expansion and reinforce its commercial activity.
Learn more