Berlin-based Magix is a leading global independent provider of video and music editing software and thus sits at the nucleus of the digital multimedia value chain. The company provides a wide spectrum of consumer and professional multimedia editing software products while being one of pioneers of VR video editing. With its recent acquisition and successful integration of SONY’s multimedia editing software assets, the company has furthermore positioned itself as one of the pre-eminent consolidators of this space.
Klaus Schmidt, CEO of Magix Software commented: “We have huge aspirations to grow Magix in the wider market and are excited to be supported by capiton on our expansion path. GP Bullhound has been a great advisory partner and their expertise and execution capabilities proved invaluable in delivering this transaction for us.”
Julian Riedlbauer, Partner at GP Bullhound, commented: “We are proud to have yet again successfully advised a world-class German software company. This sizable transaction represents a very exciting opportunity for the business to accelerate its growth and continue its buy-and-build approach to consolidate the market.”
Dr. Nikolas Westphal, Director at GP Bullhound, added: “What the team at Magix has created is really remarkable in an exciting space. I am sure that the partnership with capiton will propel the company to further heights; it has been an immense pleasure to work with such a professional and dedicated team.”
This is GP Bullhound’s 14th transaction in 2018, and further underlines the firm’s momentum in Germany, following recent transactions completed for clients including TIS, Uberall, Infinigate and Ratepay, among others.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound