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
EQUA Simulation has been acquired by Glodon Company Limited
The private shareholders of EQUA Simulation AB have sold the company to Glodon Company Limited through its Finnish subsidiary MagiCAD.
Learn moreNavita has been sold to Enghouse Systems
Oria Capital has sold its portfolio company Navita to Enghouse Systems Limited.
Learn moreTotal Design has been acquired by M80 Partners
Total Design, a Netherlands-based creative and technology agency specialized in digital design, branding and communication, has been acquired by M80 Partners, a Belgium-based private equity firm. M80 is building a portfolio of best-in-class specialists in the field of digital transformation and in this platform, Total Design is given an integral role from its digital branding, communication and technology disciplines.
Learn more