Tech Company M&A Transactions

Lightstream Acquisition

Headquartered in Chicago, Lightstream was bought by Vitec. The transaction price was $35.9 million.

Transaction Overview

Company Name
Acquired By
Announced On
4/13/2021
Transaction Type
M&A
Amount
$35,900,000
M&A Terms
Vitec paid $21.9M USD in consideration for the acquisition upon its completion. Additionally, Vitec agreed to pay up to an additional $14M over the next three years in conjunction with the business transaction. The total costs of acquiring Infiniscene (dba Lightstream), which reported $1.8M in revenues and an EBITDA loss of $2.6M in 2020, will be $35.9M.

Company Information

Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Chicago, IL 60007
USA
Phone
Undisclosed
Email Address
Overview
Lightstream is a small, but growing team of gaming, esports, and video industry veterans. Members of our team have contributed to the success of brands like SteelSeries, Machinima, Open Broadcasting Software, Major League Gaming, ESL, Beyond Gaming, and even old school brands like GotFrag & World Cyber Games. Yes, some of us are that old.
Profile
Lightstream LinkedIn Company Profile
Social Media
Lightstream Company Twitter Account
Company News
Lightstream News
Facebook
Lightstream on Facebook
YouTube
Lightstream on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stu Grubbs
  Stu Grubbs LinkedIn Profile  Stu Grubbs Twitter Account  Stu Grubbs News  Stu Grubbs on Facebook
Chief Operating Officer
Aaron Hassell
  Aaron Hassell LinkedIn Profile  Aaron Hassell Twitter Account  Aaron Hassell News  Aaron Hassell on Facebook
Chief Technical Officer
Jenny Farver
  Jenny Farver LinkedIn Profile  Jenny Farver Twitter Account  Jenny Farver News  Jenny Farver on Facebook
VP - Bus. Development
Ryan Forquer
  Ryan Forquer LinkedIn Profile  Ryan Forquer Twitter Account  Ryan Forquer News  Ryan Forquer on Facebook
VP - Customer Service
Drew Pierce
  Drew Pierce LinkedIn Profile  Drew Pierce Twitter Account  Drew Pierce News  Drew Pierce on Facebook
VP - Engineering
Sami Rageb
  Sami Rageb LinkedIn Profile  Sami Rageb Twitter Account  Sami Rageb News  Sami Rageb on Facebook
VP - Engineering
Daniel Trocchio
  Daniel Trocchio LinkedIn Profile  Daniel Trocchio Twitter Account  Daniel Trocchio News  Daniel Trocchio on Facebook


 

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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