M&A Deal Summary

Static Media Acquires Takeout

On March 26, 2024, Static Media acquired internet software and services company Takeout

Acquisition Highlights
  • This is Static Media’s 1st transaction in the Internet Software and Services sector.
  • This is Static Media’s 3rd transaction in the United States.
  • This is Static Media’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-03-26
Target Takeout
Sector Internet Software and Services
Buyer(s) Static Media
Deal Type Add-on Acquisition

Target

Takeout

Chicago, Illinois, United States
website
Takeout is an operator of a digital platform for obsessive food lovers to serve food aficionados. Takeout was founded in 2016 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Static Media

New York, New York, United States

website

Category Company
Founded 2012
Sector Digital Media
DESCRIPTION

Static Media owns and operates a portfolio of unique and passion-driven digital media brands providing content in food, lifestyle as well as media and entertainment. Static Media was founded in 2012 and is based in New York City.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-24 Food Republic

United States

Food Republic is a one-stop shop for anyone who loves food and cooking. The brand offers approachable recipes, useful cooking tips, dining advice, drink recommendations, and the latest news from the food industry. It caters to all levels of expertise, ensuring that seasoned home cooks find as much helpful content as those donning an apron for the first time.

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