Special Effects is a privately owned Hungarian production studio founded in 1982. Employing approximately 90 people, the company provides broadcast professional services, specializing in virtual set implementation, exhibit and live event installations, touring event support, and studio entertainment. In 2023, the company's revenue was less than $25 million.
Gladstone Investment Corporation announced on November 25, 2024, its partnership with Scott Dunlop and executive management to acquire Pyrotek Special Effects Inc. The acquisition, finalized on November 22, 2024, involved Gladstone Investment providing equity and senior secured debt. Pyrotek Special Effects provides special effects services for the live entertainment industry.
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Special Effects offers products in the pro AV industry. Special Effects's product portfolio comprises of pro AV services.
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Special Effects's revenues were less than $25M in 2023. All the revenue comes from event rental and staging.
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