Telestream Acquires Masstech

March 12, 2021

Telestream, a Genstar Capital‑backed provider of media workflow software, has acquired Masstech from FPE Capital. The acquisition (terms undisclosed) brings Masstech's Kumulate and FlashNet capabilities into Telestream's content management portfolio to strengthen its content storage and hybrid cloud workflow offerings; FPE generated an initial 2.6x MoC with a significant portion taken in Telestream stock.

Buyers
Telestream, Genstar Capital
Targets
Masstech
Sellers
FPE Capital LLP, Masstech shareholders
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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