Cynthia Littleton Business EditorFuse Group has added another pillar of its strategy to assemble a diversified collection of visual effects firms with the acquisition of Madrid-based El Ranchito, known for its work on such fantasy blockbusters as “The Mandalorian,” “Game of Thrones” and “Stranger Things.”El Ranchito is the latest acquisition for the parent company of FuseFX, FOLKS and Rising Sun Pictures.
Fuse Group, backed by EagleTree Capital, aims to be a large-scale, full-service provider of vfx services with reach and expertise in major media markets in Asia, Latin America, Europe and other markets beyond the U.S.David Altenau, Fuse co-founder and chairman, and Fuse Group CEO Sébastien Bergeron have been building up the company with private equity backing from EagleTree, since 2018.
El Ranchito brings to Fuse’s portfolio specific expertise in a high-end fantasy effects and reach in an important European market.
Fuse Group is designed to operate not as a centralized conglomerate but as a “a tightly networked group of elite (vfx) studios,” Altenau told Variety.
Read more on variety.com
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