M&A Deal Summary

Warner Bros. Discovery Acquires Antenna International

On January 1, 2006, Warner Bros. Discovery acquired information technology company Antenna International from Iceni Capital

Acquisition Highlights
  • This is Warner Bros. Discovery’s 1st transaction in the Information Technology sector.
  • This is Warner Bros. Discovery’s 1st transaction in the United Kingdom.
  • This is Warner Bros. Discovery’s 1st transaction in Connecticut.
Investment Fate
  • Antenna International was divested to a consortium of buyers in 2010.

M&A Deal Summary

Date 2006-01-01
Target Antenna International
Sector Information Technology
Buyer(s) Warner Bros. Discovery
Sellers(s) Iceni Capital
Deal Type Add-on Acquisition

Target

Antenna International

London, Connecticut, United Kingdom
website
Antenna International is a provider in the production and delivery of educational content for use in multimedia and mobile tours for museums, exhibitions, historic sites, and visitor attractions throughout the world. Antenna leverages its global reach to provide its top flight customers with superior content creation capabilities, a global perspective on tourist behavior and visitation trends, as well as the resources to deliver on-site service to enhance visitor experience. Antenna International was founded in 1984 and is based in London, United Kingdom.

Search 193,240 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

Warner Bros. Discovery

Silver Spring, Maryland, United States

website


Category Company
Founded 1985
Sector Media
Employees11,000
Revenue 12.2B USD (2021)
DESCRIPTION
Discovery Communications' corporate headquarters in Silver Spring, Maryland.
Discovery Communications' corporate headquarters in Silver Spring, Maryland.

Warner Bros. Discovery is a global media company that provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, websites, digital distribution arrangements and content licensing agreements. The Company's portfolio of networks includes television brands such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the U.S.). Discovery also operates a diversified portfolio of production studios, websites and curriculum-based education products and services. Warner Bros. Discovery was formed in 1985 and is based in Silver Spring, Maryland.


DEAL STATS #
Overall 2 of 17
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 11
State (Connecticut) 1 of 1
Country (United Kingdom) 1 of 5
Year (2006) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-10 The Travel Channel

Chevy Chase, Maryland, United States

The Travel Channel LLC is a travel media brand, and the network is available in nearly 96 million US cable homes. Its Travel Channel HD™ simulcast is distributed to almost 37 million viewers and is carried on every major provider. Travel Channel is headquartered in Chevy Chase, MD, and maintains offices in New York and Atlanta.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 Academy123

Westlake Village, California, United States

Academy123, Inc. provides online education services.

Buy -

Seller(S) 1

SELLER

Iceni Capital

London, United Kingdom

website


Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Iceni Capital is a UK based private equity firm that targets investments in service oriented companies. Specific service sectors of interest include healthcare services, business services, and IT services. Iceni looks to invest £0.5 to £5 million in growth companies valued up to £15 million. Iceni Capital was established in 2005 and is based in London.


DEAL STATS #
Overall 3 of 8
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Connecticut) 1 of 1
Country (United Kingdom) 3 of 8
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Engage

London, United Kingdom

Engage is a creative engagement specialist supporting corporate clients and government agencies, based in London, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 The Panther Group

London, United Kingdom

The Panther Group is an independent UK Marketing and Communications Services group that uses customer information and knowledge to deliver superior ROI to our clients.

Buy -