PE-owned Cinram Announces Acquisition of Saffron Digital

Cinram Group, a Toronto-based media development company, announced this week that it mas acquired Saffron Digital, a London, UK-based provider of video solutions services, for US$47 million. Cinram was previously acquired by Najafi, an Arizona-based PE firm, in 2012, while Saffron Digital was formerly venture-backed by Beringea Private Equity.

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