who owns shutterfly


Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California.Founded in 1999, the company is currently led by Hilary Schneider as the President and CEO, and owned by Apollo Global Management (majority) and District Photo (minority). The company went public in 2006, and returned to private ownership in 2019.


Is Shutterfly owned by private equity?

ABOUT SHUTTERFLY, INC. In 1999, Shutterfly, Inc. began as a company that helped people print 4″x 6″ photographs from their digital cameras. Today, we’ve grown into the industry leader, expanding our services to include photo and video storage, award-winning photo books, gifts, home decor, premium cards, invitations, stationery, and much more. Throughout our history, …

Is Shutterfly merging with other photo product retailers?

Jun 19, 2019 · Private equity firm Apollo Global recently entered into an agreement to acquire U.S. digital imaging company Shutterfly for $2.7 billion.

What is the Shutterfly Consumer Division?

Jun 10, 2019 · (Reuters) – Digital imaging company Shutterfly Inc has agreed to be acquired by Apollo Global Management LLC in a $2.7 billion deal, the private equity firm said on Monday.

What is the history of Shutterfly?

Jun 10, 2019 · Shutterfly bought for $1.74 billion by Apollo Global Management. Apollo Global Management will pay $51 per share of the online photo publishing company. The private equity firm will also acquire …


Who bought out Shutterfly?

Apollo Global Management
On June 10, 2019, Apollo Global Management announced that it would acquire Shutterfly for $2.7 billion, as well as its competitor Snapfish in a separate transaction valued at around $300 million.

Is Shutterfly privately owned?

The company first went public in 2006 but was taken private by Apollo Global Management less than two years ago in a $2.7 billion transaction. Shutterfly’s revenue growth is now in the double digits, up from being flat when Apollo purchased the company, the report said.Mar 8, 2021

Is Snapfish owned by Shutterfly?

Snapfish is a web-based photo sharing and photo printing service owned by Shutterfly based in San Francisco, California.

Type Subsidiary
Headquarters San Francisco, California
Products Photo sharing, Photo products
Owner Shutterfly
Website www.snapfish.com

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Is Shutterfly closing down?

and Apollo Global Management Announce the Closing of Transaction Amongst the Parties. REDWOOD CITY, Calif.

How much does the CEO of Shutterfly make?

According to our data, Shutterfly, Inc. has a market capitalization of US$1.5b, and pays its CEO total annual compensation worth US$1.6m.Feb 1, 2019

What company owns Apollo?

The merged company became Endemol Shine Group, with AGM and Fox each owning half of the studio. In May 2015, Centerbridge Partners acquired Great Wolf Resorts from Apollo for $1.35 billion.

Is Shutterfly good quality?

Shutterfly’s print image quality is below average, its pricing is average to high, and its website experience is only average. The site has some good points, too, including excellent packaging, shareable online galleries, and the filename or photo title printed on the backs of the photos.

Who bought Snapfish?

Apollo Global Management
New York-based private equity firm Apollo Global Management is acquiring both Shutterfly and Snapfish, and plans to merge the rival online photo services company. Apollo will pay $1.7 billion for Shutterfly, plus assume $900 million in Shutterfly debt.Jun 11, 2019

Is Snapfish or Shutterfly better quality?

It is difficult to find any discernible differences in the print quality between Snapfish and Shutterfly. Both vendors offer a moderate quality of prints for the price that you pay. In online reviews, Shutterfly enjoys the slight edge when it comes to customer satisfaction with the clarity and crispness of the prints.Jun 4, 2020

Where is Shutterfly shipped from?

Redwood City, CA. With multiple beautiful locations, Shutterfly is headquartered in the heart of Silicon Valley. We are committed to domestic manufacturing with state-of-the-art U.S. production facilities. Our footprint continues to expand as the company grows organically and through acquisition.

How do I contact someone at Shutterfly?

Help Center Content

To speak with a phone specialist during our hours of operation, call (877) 284-9610 for assistance. For expedited support, click Shutterfly Assistant on the lower-right.Aug 7, 2018

Is Shutterfly really free?

Shutterfly provides the only photo storage service that is completely free and unlimited – and we will never delete your pictures. Photos capture your favorite moments and remind you of the important milestones in your life.

When will Shutterfly close?

On June 10, 2019, Shutterfly agreed to be acquired in an all-cash deal. The transaction is expected to close in early Q4 2019.

What is Snapfish photo?

Snapfish is a web-based photo sharing and photo printing service. Apollo intends to acquire both Shutterfly and Snapfish. It plans to merge the two photo-product retailers to form a larger combined business.

Where is Shutterfly located?

Shutterfly, Inc. manufactures and retails personalized products primarily in the United States, Canada, and the European Community. Shutterfly, Inc. was founded in 1999 and is headquartered in Redwood City, California. Shutterfly operates under Personal Services classification in USA and is traded on NASDAQ. It employs 7094 people.

Does Shutterfly require insider trading?

Trading by specific Shutterfly insiders, such as employees or executives, is commonly permitted as long as it does not rely on Shutterfly’s material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Shutterfly insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

What are the advantages of institutional investors over retail investors?

One of the main advantages they have over retail investors is the fees paid for trades.

What are the advantages of institutional investors?

One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.

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