M&A Deal Summary

Shamrock Capital Advisors Acquires Adweek

On June 2, 2020, private equity firm Shamrock Capital Advisors acquired publishing company Adweek from Beringer Capital

Acquisition Highlights
  • This is Shamrock Capital Advisors’ 3rd transaction in the Publishing sector.
  • This is Shamrock Capital Advisors’ 33rd transaction in the United States.
  • This is Shamrock Capital Advisors’ 7th transaction in New York.

M&A Deal Summary
Date 2020-06-02
Target Adweek
Sector Publishing
Buyer(s) Shamrock Capital Advisors
Sellers(s) Beringer Capital
Deal Type Secondary Buyout

Target

Adweek

New York, New York, United States
website
Adweek is a resource for news and insight in media, marketing, and advertising. Adweek is the major source of news for marketing, media, and advertising professionals. It delivers insightful, forward-thinking content across various platforms, including a weekly print magazine, an iPad app, daily newsletters, social media, original videos, events, and awards. Adweek was formed in 1978 and is based in New York, New York.

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Buyer(S) 1

Buyer

Shamrock Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1978
PE ASSETS 3.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Shamrock Capital Advisors is a private investment focused exclusively on the media, entertainment, marketing, and communications sectors. The Firm will consider both control and minority positions and looks to commit $30 to $300 million per transaction. Target transactions include growth equity, leveraged/management buyouts, and recapitalizations. Shamrock was originally formed in 1978 as the investment vehicle for Roy Disney. The Firm is based in Los Angeles, California.

DEAL STATS #
Overall 35 of 47
Sector (Publishing) 3 of 3
Type (Secondary Buyout) 5 of 5
State (New York) 7 of 11
Country (United States) 33 of 44
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Canopy Spectrum

New Orleans, Louisiana, United States

Canopy Spectrum was established to bid on wireless spectrums. The C-Band spectrum is one of the largest blocks of mid-band spectrum available focused on carrier capacity demands, which spectrum need is necessary for nationwide 5G deployment. Canopy Spectrum acquired 84 licenses in 43 unique markets across the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Excel Sports Management

New York, New York, United States

Excel Sports Management is a sports management and marketing agency that represents iconic talent, brands, and properties agency representing top-tier talent, blue-chip brands, and marquee properties. Excel Sports Management was founded in 2002 and is based in New York City.

Buy -

Seller(S) 1

SELLER

Beringer Capital

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1990
Size Small
Type Sector Agnostic
DESCRIPTION

Beringer Capital is a private equity and M&A advisory firm. Beringer's direct investment group looks to partner with founders of growing companies to maximize the value of their business. Areas of investment interest include marketing services, digital media, and specialty media. In addition to direct investing, Beringer also provides M&A and corporate development services. Beringer Capital was formed in 1990 and is headquartered in Toronto.

DEAL STATS #
Overall 3 of 4
Sector (Publishing) 1 of 1
Type (Secondary Buyout) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 3
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-13 Match Marketing Group

Mississauga, Ontario, Canada

Match Marketing Group is a provider of advertising solutions. Match Marketing develops brand insights that unlock new opportunities for growth. Match Marketing Group was founded in 1998 and is based in Mississauga, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-08 Blue Acorn iCi

Charleston, South Carolina, United States

Blue Acorn iCi is an independent digital customer experience company. Blue Acorn iCi has unparalleled expertise - from building complex websites that need scale and platform integration, to transforming data into actionable insights, to helping brands operate and grow their digital commerce channel utilizing a comprehensive suite of commerce services. Blue Acorn iCi was founded in 2008 and is based in Charleston, South Carolina.

Sell -
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