iHeartMedia M&A Summary
iHeartMedia has acquired 11 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 4 assets.
iHeartMedia’s largest acquisition to date was in 2000, when it acquired Live Nation Entertainment for $4.4B. It’s largest disclosed sale occurred in 2008, when it sold Newport Television to Providence Equity Partners for $1.0B. iHeartMedia has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (34%) and media (23%).
M&A Summary
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M&A Total Activity13
- M&A Buy Activity9
- M&A Sell Activity4
- Total Sectors Invested 6
- Total Countries Invested 3
- M&A Buy/Sell Connections 7