LAZARUS CONSULTING CLIENT SWOOVE STUDIOS SOLD TO A CONFIDENTIAL ACQUIRER

Lazarus Consulting is pleased to announce that its client, Swoove Studios, a a leading 3D animation software company, has been sold to a confidential acquirer.

The Belgium-based business is the developer of Swoove, a real-time 3D animation creation app. Its proprietary platform, powered by AI, enables users to create unique 3D animation videos without any prior experience. Swoove empowers its users to easily bring their stories to life, using its intuitive platform to create stunning 3D animations. The app offers a diverse set of tools and features that cater to all levels of expertise, from beginners to seasoned creators.

The platform's unique blend of accessibility and sophistication has resonated strongly with users, leading to increased engagement and content creation. It has become the go-to app for user-generated animated content, used by many thousands of creators in over 100 countries.

In Q4 2024, Swoove Studios hired Lazarus Consulting to launch a strategic review to ensure that the business continued to develop and grow, and that review has concluded with the sale to a confidential acquirer.

With a team led by Steve Lazarus, Lazarus Consulting acted as the exclusive financial advisor to Swoove Studios.

Lazarus Consulting CEO, Steve Lazarus commented:

"Swoove Studios represents creativity, technology, and entrepreneurship at its best. It’s been a privilege for us at Lazarus Consulting to work with the Swoove Studios team and to support them on their journey. We are confident that under its new ownership, Swoove Studios will continue to innovate and build on the strong foundations already in place."

ABOUT SWOOVE STUDIOS

Launched in 2020 and available via iOS and Android, Swoove Studios is an entertainment software company that has developed the Swoove app, a real-time 3D-animation creation app using proprietary technology. Please see www.swoove.com for more information.