Calabasas Capital is pleased to announce that its client Visual Data Media Services has completed the acquisition of re:fine.
Burbank-based Visual Data Media Services, Inc. provides digital content management, distribution, storage and post-production services to worldwide media outlets, including domestic syndication, network broadcast, international distribution, VOD, and SVOD for studios, distributors and major platforms and has been growing rapidly over the past several years. London-based re:fine specializes in content processing and digital-media.
The deal will provide each company access to the other’s markets, technologies and infrastructure. Both re:fine and Visual Data have established successful business models, client bases and third-party accreditations as vendors for content networks and broadcasters, including Netflix, iTunes, Google and the UK’s ITV.
John Trautman, CEO of Visual Data, said: “This acquisition will provide a seamless client experience across multiple time zones while simultaneously increasing operational capacity and efficiencies. Client demands have led us to this expansion into Europe and we have found in re:fine a company that shares our vision, excellent client relationships and impressive technological expertise. We were very pleased to have worked with Calabasas Capital on this transaction. David Bonrouhi and his team are experts in structuring and negotiating M&A transactions as well and private equity and debt financings and their assistance was instrumental in getting this deal done.”