Ymagis paid about €26m for the business according to a source with knowledge of the deal, as well as taking over €90m of net debt.
They said Gimv owned about seven per cent of dcinex, and will receive €400,000 and more than 52,000 shares in buyer Ymagis, as well as a vendor loan of €1.1m.
It said the total amount outstanding due to Gmiv from dcinex at the end of June was €6m.
Gimv bought into dcinex in 2009 when it was named XDC, prior to a merger with FTT and Bewegte Bilder in 2012.
The company also provides a range of post-production, mastering and transcoding services as well as services such as digital rights management.
The deal marked a partial exit for Gimv, although the firm remained the largest shareholder.
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