The Fuse Group, the parent organization of leading visual effects studios FuseFX, FOLKS and Rising Sun Pictures, has acquired El Ranchito, a world-renowned independent visual effects studio headquartered in Madrid with an office in Barcelona. With this acquisition, the Fuse Group has more than 1,400 artists located in twelve cities and four continents. The co-founder and CEO of El Ranchito, Félix Bergés, and the rest of the company's partners will continue to lead the studio and operate under the El Ranchito brand.
"El Ranchito's unrivaled pedigree in high-profile productions is a strong complement to the current makeup of The Fuse Group," said Sébastien Bergeron, CEO of Fuse Group. “The team at El Ranchito has created a fantastic company whose culture and philosophy fully align with our own.
“We are delighted to be part of The Fuse Group. We have a common ethos with similar longstanding approaches to visual effects work, and our shared goal is to deliver world-class VFX services where clients need them most. We know that this partnership is the next step in achieving that shared vision," said Bergés, CEO of El Ranchito.
David Altenau, Co-Founder of FuseFX and President of The Fuse Group, added: “As the demand for VFX services continues to grow around the world, we at The Fuse Group are committed to building the next generation of visual effects companies. able to work with clients in multiple geographies. We are excited to fit El Ranchito into our vision of a closely connected global set of leading VFX studios."
Loyra and Mesana are the legal and financial offices that have advised the shareholders of El Ranchito in this transaction. Jones Day has acted as legal counsel and Alvarez