M&A Deal Summary |
|
|---|---|
| Date | 2008-03-18 |
| Target | Newport Television |
| Sector | Media |
| Buyer(s) | Providence Equity Partners |
| Sellers(s) | iHeartMedia |
| Deal Type | Divestiture |
| Deal Value | 1.0B USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 134 |
| Sector (Media) | 15 of 29 |
| Type (Divestiture) | 7 of 11 |
| State (Missouri) | 2 of 3 |
| Country (United States) | 32 of 84 |
| Year (2008) | 1 of 5 |
| Size (of disclosed) | 20 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-03 |
Volia
Kyiv, Ukraine Volia is a cable TV and broadband internet provider. Its network connects over 900,000 homes in Ukraine, serving over 700,000 RGUs in four cities within Ukraine: Kyiv, L’viv, Alchevsk, and Chernivtsy. Volia provides services such as analog cable TV, digital cable TV, high-speed cable Internet access, VoIP and data services. Volia was founded in 2002 and is based in Kyiv, Ukraine. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-01 |
Casema NV
The Hague, Netherlands Casema NV is a provider of analogue TV, digital TV and broadband Internet access to its residential customers, and leased line data communications and voice telephony to its business customers. |
Sell | - |
| Category | Company |
|---|---|
| Sector | Media |
| Employees | 9,180 |
| Revenue | 3.6B USD (2021) |
iHeartMedia is a diversified media and entertainment company with three reportable business segments, iHeartMedia, Americas outdoor advertising, and International outdoor advertising. iHeartMedia is based in San Antonio, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Media) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 3 of 4 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-21 |
Live Nation
Beverly Hills, California, United States Live Nation is a live entertainment company. Live Nation produces live music concerts; owns, operates, has exclusive booking rights for or has an equity interest in 148 venues, including House of Blues music venues and locations such as The Fillmore in San Francisco, the Hollywood Palladium, the Ziggo Dome in Amsterdam and The O2 Dublin; provides ticketing sales and marketing services; and provides artist management services. Live Nation was formed in 2005 and is based in Beverly Hills, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-13 |
HowStuffWorks
Atlanta, Georgia, United States Stuff Media LLC is a publisher of podcasts. Stuff Media shows includes Stuff You Should Know, Stuff You Missed in History Class, Atlanta Monster and now Cabinet of Curiosities, the Stuff Media team reaches audiences on every platform where podcasts are consumed, with a library of over 10,000 episodes and well over 1 billion downloads to date. The company is headquartered in Atlanta and also operates studios out of Los Angeles. |
Buy | $55M |
