M&A Deal Summary

Postmedia Acquires Sun Media

On April 13, 2015, Postmedia acquired publishing company Sun Media from Quebecor for 316M CAD

Acquisition Highlights
  • This is Postmedia’s 1st transaction in the Publishing sector.
  • This is Postmedia’s 0th largest (disclosed) transaction.
  • This is Postmedia’s 1st transaction in Canada.
  • This is Postmedia’s 1st transaction in Ontario.

M&A Deal Summary
Date 2015-04-13
Target Sun Media
Sector Publishing
Buyer(s) Postmedia
Sellers(s) Quebecor
Deal Type Divestiture
Deal Value 316M CAD

Target

Sun Media

Toronto, Ontario, Canada
website
Sun Media Corp. is a Canada's English language newspapers and specialty publications, as well as digital properties.

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Buyer(S) 1

Buyer

Postmedia

Toronto, Ontario, Canada

website

Category Company
Founded 2005
Sector Publishing
Employees2,834
Revenue 458M CAD (2022)
DESCRIPTION

Postmedia is a publisher by circulation of paid English-language daily newspapers in Canada, representing some of the country’s oldest and best known media brands. Reaching millions of Canadians every week, Postmedia engages readers and offers advertisers and marketers integrated solutions to effectively reach target audiences through a variety of print, online, digital, and mobile platforms. Postmedia was founded in 2005 and is based in Toronto, Canada.

DEAL STATS #
Overall 1 of 2
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-17 The Brunswick News

Brunswick, Georgia, United States

The Brunswick News is the most reliable source for news on Georgia's lower coast. The News is committed to being "The Voice of the Coast" and welcomes reader input, assistance, and participation in the process of gathering, reporting, and distributing the news. The Brunswick News is based in Brunswick, Georgia.

Buy $16M

Seller(S) 1

SELLER

Quebecor

Montréal, Quebec, Canada

website

Category Company
Founded 1965
Sector Communications
Employees10,000
Revenue 4.6B CAD (2021)
DESCRIPTION

Quebecor engages in telecommunications, entertainment, news media and culture, Quebecor is one of the best-performing integrated communications companies in the industry. Quebecor was founded in 1965 and is based in Montreal, Canada.

DEAL STATS #
Overall 2 of 2
Sector (Publishing) 1 of 1
Type (Divestiture) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Nurun

Montreal, Quebec, Canada

Nurun is an independent digital networks, brings together human insight and new technology to design brilliant products and services, helping business thrive in a connected world.

Sell $114M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-10 Audiogram

Montreal, Quebec, Canada

Audiogram is an operator of independent French-language record labels in North America with over 10 million albums sold worldwide, a publishing subsidiary, a show production division, and a neighboring rights collection service. Audiogram was founded in 1984 and is based in Montreal, Quebec.

Buy -
Mergr

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