M&A Deal Summary

iMedia Brands Acquires 123tv

On September 22, 2021, iMedia Brands acquired media company 123tv for 95M USD

Acquisition Highlights
  • This is iMedia Brands’ 1st transaction in the Media sector.
  • This is iMedia Brands’ largest (disclosed) transaction.
  • This is iMedia Brands’ 1st transaction in Germany.

M&A Deal Summary
Date 2021-09-22
Target 123tv
Sector Media
Buyer(s) iMedia Brands
Deal Type Add-on Acquisition
Deal Value 95M USD

Target

123tv

Germany
123tv is an interactive media company disrupting Germany’s television retailing marketplace with its expertise in proprietary, Dutch auction style live and automated auctions that emotionally engages consumers with 123tv’s balanced merchandising mix of compelling products shipped directly to their homes. 123tv is based in Germany.

Search 192,860 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

iMedia Brands

Eden Prairie, Minnesota, United States

website

Category Company
Founded 1990
Sector Media
Employees907
Revenue 551M USD (2022)
DESCRIPTION

iMedia Brands is an interactive media company that owns a growing portfolio of TV Networks, Consumer Brands and Digital Services that together position the Company as a leading single-source partner to television advertisers and consumer brands seeking to entertain and transact with customers using interactive video. iMedia Brands is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal