Streamland Media – the post-production giant that bought Technicolor Post and Sim Post in 2021 – continues its growth with the acquisition of US-Canada-based visual effects company Ingenuity Studios. The terms of the deal have not been disclosed.
Headquartered in Los Angeles, Ingenuity Studios also has offices in New York, Vancouver and Atlanta, expanding Streamland’s presence in those cities. Streamland’s global portfolio includes Ghost VFX, Picture Shop post business; Formosa Group sound company and marketing department Picture Head.
Ingenuity Studios offers VFX for feature films, series episodes, music videos and advertisements. It has contributed to productions including: Many Saints of Newark, Hacks, The Walking Dead and Paper Girls.
Trive Capital and Five Crowns Capital supported the deal. In 2021, the two companies also supported Streamland’s purchase of Technicolor Post for $36.5 million, as well as Sim Post for an undisclosed amount. “Streamland and Trive are strategically acquiring leading companies that focus on unparalleled creative talent and integrate them into a single, global platform to continuously improve the value proposition we offer our clients,” said Trive Capital partner David Stinnett in a statement. “Furthermore, as VFX services become increasingly important for post-production, we look forward to leveraging Ingenuity’s excellent reputation as we continue to deliver state-of-the-art VFX work.”
Details of Streamland’s plans were limited at the time of going to press. Streamland Media CEO Bill Romeo said in a statement: “Streamland Media and Ingenuity Studios are aligned with our creatively driven philosophy and dedication to our extraordinary teams. We are all committed to facilitating powerful, creative and connected collaborations to deliver the vision of storytellers. promote.”