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Shift Media Acquired By Marlin Equity Partners

Los Angeles- and Boston-based Shift Media Holdings, a developer of software tools used for collaboration by entertainment enterprises, brands and agencies, has been acquired by Los Angeles-based private equity investment firm Marlin Equity Partners. Financial details of the majority recapitalization and growth investment were not announced. SHIFT's products are used for collaboration on creative projects, and also include such features as forensic watermarks and other digital asset management. SHIFT had been led by CEO Kai Pradel.