Gemspring Capital invests in Crafty Apes
An affiliate of middle market private equity firm Gemspring Capital has completed an investment in Crafty Apes, a full-service visual effects company with studios in Atlanta, Los Angeles and New York.
Gemspring’s investment is in partnership with the Crafty Apes leadership team, Jason Sanford, Chris LeDoux, Tim LeDoux, Robin Graham and Mark LeDoux. Crafty Apes provides visual effects and production services to the rapidly growing market for film, episodic and commercial video production. Crafty Apes’ services range from 2D and 3D compositing to digital cosmetics and computer generated imagery. Founded in 2011, Crafty Apes’ recent critically-acclaimed credits include La La Land, Stranger Things, Hidden Figures, The Orville and Ant-Man and the Wasp.
Founders Chris LeDoux, Jason Sanford and Tim LeDoux, say: “We are excited to partner with Gemspring during the next phase of growth for Crafty Apes. Gemspring’s understanding of our industry, resources, relationships and experience partnering with growing companies will be invaluable as we expand our geographic presence, invest in our team and continue delivering world class post-production services for our customers.”
Geoff Broglio, Principal at Gemspring, says: “We are in an unprecedented era of content proliferation, and Crafty Apes is uniquely positioned to continue growing with marquee studios and streaming providers. We are thrilled to partner with Tim, Jason, Chris, Robin and Mark and the other artists at Crafty Apes, who we believe are some of the best storytellers in the industry.”