Acquisition by STG closed August 2023, led by STG.[1][3][4][7]

post-money valuation is not publicly disclosed.

Named investors include STG, Sixth Street Partners, Silver Point.[3][4]

Bill Warner, Founder[8][15]

Wellford Dillard, Chief Executive Officer[11][12][13][15]

Kenna Hilburn, Chief Product Officer[11][12][13][15]

Kevin Blanco, Chief Information Officer[11][12][13][15]

Adobe · adobe.com · Same buyer: individual editors and postproduction teams evaluating Adobe Premiere Pro against Avid Media Composer for the same video editing job.[8]

Blackmagic Design · blackmagicdesign.com · Same buyer and workflow: postproduction editors and broadcasters weighing DaVinci Resolve against Media Composer for professional video editing.[8]

Apple · apple.com · Same buyer and job: professional editors and musicians choosing Final Cut Pro or Logic Pro against Avid Media Composer or Pro Tools.[8]

Grass Valley · grassvalley.com · Same buyer and workflow: broadcasters and media organizations evaluating Grass Valley production infrastructure against Avid MediaCentral for news and live production.[8][10]

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