Advance Publications - M&A Summary and Business Overview

PublishingCompany

Advance Publications M&A Summary

Advance Publications has acquired 8 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.

Advance Publications’ largest acquisition to date was in 2019, when it acquired Turnitin for $1.8B. It’s largest disclosed sale occurred in 2015, when it sold Bright House Networks to Charter Communications for $10.4B. Advance Publications has acquired in 6 different US states, and 2 countries. The Company’s most targeted sectors include media (29%) and publishing (29%).

Advance Publications Business Overview

Where is Advance Publications headquartered?

Advance Publications is headquartered in New York, New York.

What sector is Advance Publications in?

Advance Publications is a publishing company.

When was Advance Publications founded?

Advance Publications was founded in 1922.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity7
    • M&A Sell Activity3
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 8
  • M&A Advisors 6

Advance Publications

Advance Publications Inc.

One World Trade Center,
New York, New York 10007
United States,
www.advance.com

Advance is a diversified, family-owned company that operates and invests in a broad range of media, communications and technology businesses globally. Advance Publications directly or through subsidiaries, owns Condé Nast Publications, American City Business Journals, the Golf Digest Companies, and newspapers in more than twenty-five American cities. Advance Publications' subsidiaries also have extensive interests in cable television, as well as in Internet sites which are related to its print publications. Advance was established in 1922 and is based in New York City.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 1 - - - - 7
vol $3.2B $3.2B
Sell (0.2/yr) # 2 - - - 1 - 3
vol $10.4B $10.4B
  10

Most Recent M&A

Company Date Value Type
1010Data, Inc. 2023-06-07 - Divestiture
New York, New York · www.1010data.com
World Triathlon Corp. 2020-03-26 - Divestiture
Tampa, Florida · www.ironman.com
Turnitin LLC 2019-03-06 1.8B USD Add-on Acquisition
Oakland, California · www.turnitin.com
Stage Entertainment BV 2018-08-23 - Add-on Acquisition
Amsterdam, Netherlands · www.stage-entertainment.com
1010Data, Inc. 2015-08-03 500M USD Add-on Acquisition
New York, New York · www.1010data.com
Bright House Networks LLC 2015-03-31 10.4B USD Divestiture
East Syracuse, New York · www.brighthouse.com
Fairchild Media 2014-08-19 - Divestiture
, United States
POP Agency 2013-01-16 - Add-on Acquisition
Seattle, Washington · www.popagency.com
Fairchild Media 1999-08-25 650M USD Divestiture
, United States
American City Business Journals, Inc. 1995-08-14 259M USD Add-on Acquisition
Charlotte, North Carolina · www.acbj.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Turnitin LLC 2019-03-06 Prio Infocenter AB 2021-03-15 2
Oakland, California · www.turnitin.com Bromma, Sweden · www.ouriginal.com
Turnitin LLC 2019-03-06 ExamSoft Worldwide, Inc. 2020-10-21 1
Oakland, California · www.turnitin.com Boca Raton, Florida · www.examsoft.com
Condé Nast Publications, Inc.    - W Magazine 2019-06-25 2
New York, New York · www.condenast.com , United States · www.wmagazine.com
Condé Nast Publications, Inc.    - BRIDES Magazine 2019-05-15 1
New York, New York · www.condenast.com New York, New York · www.brides.com
Condé Nast Publications, Inc.    - Backchannel 2016-06-16 5
New York, New York · www.condenast.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Publishing 2 (29%) 909M (29%) 1 (33%) -
Media 2 (29%) - - -
Information Technology 1 (14%) 500M (16%) 1 (33%) -
Internet Software and Services 1 (14%) 1.8B (55%) - -
Marketing 1 (14%) - - -
Communications - - 1 (33%) 10.4B (100%)
Total 7 $3.2B 3 $10.4B

By Geo

State/Country Buy Value Sell Value
United States 6 3.2B 3 10.4B
  New York 1 500M 2 10.4B
  Washington 1 - - -
  North Carolina 1 259M - -
  Florida 1 - - -
  California 1 1.8B - -
Netherlands 1 - - -
Domestic 6 (86%) 3.2B (100%) 3 (100%) 10.4B (100%)
Cross-border 1 (14%) - - -
Total 7 $3.2B 3 $10.4B

Top M&A Advisors

Financial Deals
BofA Securities
1
Evercore Group
1
UBS Investment Bank
1
Legal Deals
Sullivan & Cromwell
2
Paul, Weiss, Rifkind, Wharton & Garrison
1
Sabin, Bermant & Gould
1

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 3 $1.4B
TOTAL $3.2B
Largest Turnitin LLC
$1.8B (2019-03-06)
sell # Total
> $1B 1 $10.4B
TOTAL $10.4B
Largest Bright House Networks LLC
$10.4B (2015-03-31)

M&A Connections

Deals
Acquired from
Investor(s)
29%
2 (29%)
Strategic(s)
29%
2 (29%)
Divested to
Strategic(s)
100%
3 (100%)

 Subscribe to unlock this and 203,076
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 194K M&A Transactions
  • 199K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.