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James Cowper Kreston Corporate Finance advise FutureDeluxe on its acquisition of Tendril Studio

27 January 2023

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James Cowper Kreston Corporate Finance recently provided financial due diligence and tax advice to FutureDeluxe, backed by Queen’s Park Equity, on its acquisition of Tendril Studio. In their new partnership the two companies have launched a new organisation called Forever: a new venture promising to broaden global offerings by bridging the roster of talent from both studios, across offices in the USA, UK, Canada, Brazil and Australia.

FutureDeluxe is a global creative studio based in London, Los Angeles & Sydney, with a diverse team of artists, directors, designers and creative technologists with experimentation and collaboration at its core. They have a passion for research and creative development and their studios combine new production techniques and design processes to craft unique ways of realising the unreal.

James Callahan, CEO and co-founder of FutureDeluxe commented: “We plan to continue growing our community of world class collaborators, adding skill sets that complement, yet reach beyond what we currently have.”

Tendril Studio is a global creative studio based in Toronto, with a studio in São Paolo. Tendril use design, animation, and technology to tell transformational stories for the world's leading organisations – making this partnership a perfect fit.

Kate Bate, former CEO of Tendril and now COO of the combined group commented: “We aim to bridge the talent and vision of our studios to elevate one another, so that we can achieve things that would have been impossible to do on our own.”

Jose Rodriguez, co-Managing Partner of QPE commented: “This investment expands the group’s geographic footprint, adds to the already high-quality client base and brings together two exceptionally talented creative and management teams.”

The team at James Cowper Kreston was led by Brad McAvoy and Michael Atkinson. Brad commented “We are pleased to announce our role as adviser to FutureDeluxe and Queen’s Park Equity and are delighted to have assisted them in their new acquisition to allow their new joint venture. We wish them luck with their new company Forever”.