Thompson Street Capital Partners Portfolio Company Wevideo Acquires Playposit To Pioneer The Next Evolution Of Video Creation
Acquiring Company
WeVideo
Acquired Company
PlayPosit
Mountain ViewSocial MediaSoftwareEducationE LearningDescription
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of PlayPosit by TSCP portfolio company WeVideo. PlayPosit is a software company that offers an online interactive environment that seamlessly integrates layered learning experiences directly into video content. WeVideo is a leading cloud-based and collaborative multimedia creation platform with more than 38 million users. IKONA Partners, a technology-focused boutique investment bank, acted as exclusive financial advisor to PlayPosit in this transaction. Terms of the transaction were not disclosed.
Quick answer
WeVideo is acquiring PlayPosit, announced August 16, 2022. WeVideo is based in Mountain View, California, United States.
- How much did WeVideo pay for PlayPosit?
- The deal value was not disclosed.
- What does WeVideo do?
- WeVideo is the leading cloud-based multimedia creation platform revolutionizing video creation experiences worldwide.
- Where are WeVideo and PlayPosit based?
- WeVideo is based in Mountain View, California, United States.
- Who are the decision-makers at WeVideo?
- Fundz holds 1 contact at WeVideo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Social Media and Education
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Solidprofessor, The Leading On-Demand Training Platform For Engineers, Acquires Streamingteacher (September 8, 2022)
- Wevideo Acquires Playposit To Pioneer Next Evolution Of Video Creation With Interactive Content And Measurable Analytics (August 16, 2022)
- Transact Campus Acquires Valued Partner Hangry; Further Enhances Mobile-Centric Campus Interaction Solutions (July 13, 2022)
- Genius Group Acquires California Based University Of Antelope Valley (July 11, 2022)
- China Liberal Education Holdings Limited Announces Closing Of Acquisition Of Wanwang Investment Limited (September 2, 2022)
- Md Office Solutions, Llc, Acquires Antigua Medical Services, Llc; A Cardiac Mobile Imaging Company In Arizona (August 17, 2022)
Who to call at WeVideo, and when
When WeVideo changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day WeVideo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at WeVideo, from your own LinkedIn network
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Frequently asked
Who acquired PlayPosit?
PlayPosit was acquired by WeVideo, based in Mountain View. The deal was reported on August 16, 2022. WeVideo is the leading cloud-based multimedia creation platform revolutionizing video creation experiences worldwide. Trusted by over two-thirds of the top 100 school districts in the U.S. WeVideo is privately held and operates in Social Media.
When did WeVideo acquire PlayPosit?
WeVideo's acquisition of PlayPosit was reported on August 16, 2022. Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of PlayPosit by TSCP portfolio company WeVideo. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PlayPosit do?
It is privately held, operating in Software.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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