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Crafty Apes Expands Creative Talent Pool with Acquisition of Canada-Based CVD VFX
Friday 07 February 2020

7 February 2020 - California visual effects company Crafty Apes has acquired Canadian visual effects studio CVD VFX, specialising in CG and compositing, game cinematics, concept and design services, to expand international pool of creative talent, the company said.
Terms of the transaction were not disclosed.
CVD VFX is a full-service visual effects studio based in Vancouver, British Columbia.
Crafty Apes, a portfolio company of Gemspring Capital, is a full-service visual effects company with studios in Los Angeles, Atlanta and New York.
Gemspring Capital, a Westport, Connecticut-based private equity firm with USD 355m of capital under management, provides equity capital to growing lower middle market companies headquartered in the United States and Canada.
Date Published: 07/02/2020
Target: CVD VFX
Country: Canada
Sector: Media
Type: LBO
Status: Closed
Buyer: Crafty Apes
Terms of the deal were not disclosed