Catapult has partnered St. Cloud Capital to buy the electronic greeting card platform for an undisclosed sum, allowing Sony and Overbrook Entertainment to exit.
Private equity firm Catapult Capital has purchased JibJab, a US-based social multimedia producer backed by electronics and entertainment conglomerate Sony and production company Overbrook Entertainment, for an undisclosed amount.
Investment firm St. Cloud Capital partnered Cataplut Capital for the acquisition and provided a portion of the funding.
Founded in 1999, JibJab provides an online platform that enables users to create humorous electronic greeting cards, music videos and messages that can shared and sent to their friends and family through social…
