Los Angeles Business Journal

Carlyle in $3.3 Billion Deal for Getty Images

Wednesday, August 15, 2012

The Carlyle Group announced Wednesday that it had reached a deal to acquire Getty Images, the well-known distributor of photography, video and multimedia products, from Hellman & Friedman for $3.3 billion. The New York Times reports that Carlyle will take a controlling stake in Getty Images, while the company’s co-founder and the chairman and the Getty family will roll substantially all their ownership interests into the acquisition.