M&A Deal Summary

Frankly Media Acquires Gannaway Web Holdings

On July 28, 2015, Frankly Media acquired information technology company Gannaway Web Holdings for 45M USD

Acquisition Highlights
  • This is Frankly Media’s 1st transaction in the Information Technology sector.
  • This is Frankly Media’s largest (disclosed) transaction.
  • This is Frankly Media’s 1st transaction in the United States.
  • This is Frankly Media’s 1st transaction in New York.

M&A Deal Summary
Date 2015-07-28
Target Gannaway Web Holdings
Sector Information Technology
Buyer(s) Frankly Media
Deal Type Add-on Acquisition
Deal Value 45M USD

Target

Gannaway Web Holdings

Long Island City, New York, United States
website
Gannaway Web Holdings, Inc. (dba WorldNow) is a provider of an integrated content and monetization platform to traditional and next generation media companies to streamline and simplify multi-media management.

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Buyer(S) 1

Buyer

Frankly Media

New York, New York, United States

website

Category Company
Founded 2013
Sector Information Technology
Revenue 26M CAD (2017)
DESCRIPTION

Frankly Media is a provider of chat-as-a-service technology platform. Frankly Media provides a complete suite of solutions that give publishers a unified workflow for the creation, management, publishing, and monetization of digital content to any device while maximizing audience value and revenue. Frankly Media was founded in 2013 and is based in New York City.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-24 Vemba

New York, New York, United States

Vemba Corp. is a video asset management, syndication, and monetization platform. Vemba publisher focused platform, enabling content publishers to directly control all components of video distribution, ingestion, and monetization. Vemba Corp. was founded in 2008 and is based in New York City.

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