M&A Deal Summary

Group Black Acquires Galore

On April 17, 2024, Group Black acquired digital media company Galore

Acquisition Highlights
  • This is Group Black’s 1st transaction in the Digital Media sector.
  • This is Group Black’s 1st transaction in the United States.
  • This is Group Black’s 1st transaction in New York.

M&A Deal Summary
Date 2024-04-17
Target Galore
Sector Digital Media
Buyer(s) Group Black
Deal Type Add-on Acquisition

Target

Galore

Brooklyn, New York, United States
website
Galore is a media brand for the culture makers shaping tomorrow. The Company shares 500 social content pieces monthly and reaches 15 Million users per month through social channels. Galore was founded in 2012 and is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

Group Black

United States
Category Company
Founded 2022
Sector Media
DESCRIPTION

Group Black is a MBE-certified media company dedicated to connecting brands with diverse audiences. Committed to fostering an inclusive media ecosystem, Group Black amplifies diverse storytelling and deepens the investment pipeline for diverse-owned businesses.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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