HgCapital has acquired a majority stake in The Foundry, a leading creative software company, for £200 million, aiming to leverage innovation and expand growth within the competitive UK creative industry.
Information on the Target
The Foundry is renowned as a leading provider of award-winning creative software tailored to meet the needs of artists, designers, and storytellers across various industries. The company is recognized for its commitment to innovation and excellence, with a focus on delivering solutions that effectively address contemporary business challenges while also anticipating future opportunities.
With a strong emphasis on collaboration with customers, The Foundry develops its technologies through close partnerships, leveraging insights to enhance its offerings in visual effects, design, and gaming. The firm remains committed to maintaining its independent status, which empowers it to pursue a best-in-class strategy that prioritizes research, innovation, and customer satisfaction.
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Industry Overview in the Target’s Specific Country
The creative software industry in the UK is vibrant and rapidly evolving, supported by a robust ecosystem of talent, technology, and investment. The country is home to a multitude of creative industries, including film, gaming
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HgCapital
invested in
The Foundry
in 2023
in a Late-Stage VC deal
Disclosed details
Transaction Size: $312M
Enterprise Value: $312M