The Fuse Group Acquires Madrid-based El Ranchito.
MANews-(C)2009-2022
US-based The Fuse Group, parent organization to visual effects studios FuseFX, Foks, and Rising Sun Pictures, has acquired Spain-based visual effects studio El Ranchito, the company said.
El Ranchito is headquartered in Madrid, Spain and has a studio location in Barcelona.
Terms of the transaction were not disclosed.
The acquisition brings The Fuse Group to over 1,400 artists across twelve locations and four continents. El Ranchito co-founder and Managing director FÃ(c)lix BergÃ(c)s and the rest of the partners of the company will continue to lead the business and operate under the El Ranchito brand.
Loyra (legal) and Mesana (financial) have advised El Ranchito's shareholders on this transaction. Jones Day acted as legal advisor and Alvarez and Marsal acted as due diligence advisor to The Fuse Group.
The Fuse Group brings together world-leading visual effects studios, FuseFX, Folks, Rising Sun Pictures, and now El Ranchito.
The company employs over 1,400 personnel across twelve worldwide studio locations in Los Angeles, New York, Vancouver, Atlanta...
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