Drake Star facilitated the acquisition of Envato by Shutterstock, marking a significant milestone in the digital creative content industry.

Information on the Target

Envato Pty Ltd., headquartered in Australia with operations in Mexico and New Zealand, is a renowned leader in the provision of digital creative assets and templates. Since its inception in 2006, Envato has been dedicated to enabling millions of users worldwide to buy and sell creative assets, utilize smart design templates, and enhance their creative skills. Its flagship product, Envato Elements, offers a subscription model that allows unlimited downloads across a wide array of assets, templates, and more, serving as an invaluable tool for creatives looking to streamline their workflow.

Envato distinguishes itself through its extensive variety of asset types and a robust library that delivers compelling value propositions and high-quality artistry. This unique offering empowers creatives to execute their projects more efficiently, ultimately aiding in their global impact.

Industry Overview in Australia

The digital media and creative content industry in Australia has witnessed significant growth in recent years, propelled by increasing demand for multimedia content across various sectors, including advertising, marketing, and education. The ri