Getty Images has announced that it has successfully been acquired by The Carlyle Group for $3.3bn
The Carlyle Group first announced its intention to acquire Getty Images in August, in a transaction valued at around $3.3bn. The deal came four years after Hellman & Friedman bought Getty Images for $2.4bn.
The acquisition has now been completed, with The Carlyle Group taking a controlling stake in Getty Images, and the agency’s co-founder and chairman Mark Getty, the Getty family and CEO Jonathan Klein investing equity in the company.
Read more: http://www.bjp-online.com/british-journal-of-photography/news/2218572/carlyle-group-completes-getty-images-acquisition#ixzz29kdjAC7r