The Fuse Group, parent organisation to visual effects studios FuseFX, FOLKS, and Rising Sun Pictures, is pleased to announce its acquisition of El Ranchito, a high-end independent visual effects studio headquartered in Madrid, Spain and a studio location in Barcelona. Terms of the transaction were not disclosed.
The acquisition brings The Fuse Group to over 1,400 artists across twelve locations and four continents. El Ranchito co-founder and Managing Director Félix Bergés and the rest of the partners of the company will continue to lead the business and operate under the El Ranchito brand.
“El Ranchito’s unrivalled pedigree in high-profile productions is a strong complement to the current makeup of The Fuse Group,” said Sébastien Bergeron, CEO of The Fuse Group. “The El Ranchito team has established a fantastic company whose culture and philosophies completely align with ours. We are thrilled to partner with them to further broaden our offerings of skill sets, locations, rebates, and services to our studio clients. El Ranchito’s previous work on such high-profile projects as Game of Thrones, See, Shadow and Bone, Stranger Things, and The Mandalorian has cemented their position as a truly elite provider of visual effects in the market.”
“We are excited to become a part of The Fuse Group. We have a common ethos with similar longstanding approaches to visual effects work, and our shared goal is to offer top-notch VFX services wherever clients most need them. We know this partnership is the right next step for us in achieving that shared vision,” commented Bergés.
David Altenau, co-founder of FuseFX and Chairman of The Fuse Group, added, “As demand for VFX services continues to grow worldwide, we at The Fuse Group are committed to building the next generation global full-service visual effects company that can seamlessly serve clients across multiple geographies. We are excited about the fit of El Ranchito within our vision for a tightly connected global set of leading VFX studios.”
Loyra (legal) and Mesana (financial) have advised El Ranchito’s shareholders on this transaction. Jones Day acted as legal advisor and Alvarez and Marsal acted as due diligence advisor to The Fuse Group