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  6. Scripps Networks Interactive Acquires Recipezaar

M&A Deal Summary

Scripps Networks Interactive Acquires Recipezaar

On July 19, 2007, Scripps Networks Interactive acquired internet software and services company Recipezaar for 25M USD

Acquisition Highlights
  • This is Scripps Networks Interactive’s 1st transaction in the Internet Software and Services sector.
  • This is Scripps Networks Interactive’s 2nd largest (disclosed) transaction.
  • This is Scripps Networks Interactive’s 1st transaction in the United States.
  • This is Scripps Networks Interactive’s 1st transaction in Washington.

M&A Deal Summary
Date 2007-07-19
Target Recipezaar
Sector Internet Software and Services
Buyer(s) Scripps Networks Interactive
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Recipezaar

Vashon, Washington, United States
Recipezaar provides food enthusiasts an intuitive browsing tool, powerful search capabilities and personalized features, including “My Cookbook,” “My Grocery List,” and recipe ratings and suggestions.

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Buyer(S) 1

Buyer

Scripps Networks Interactive

Knoxville, Tennessee, United States
Category Company
Founded 2008
Sector Media
Employees3,500
Revenue 3.4B USD (2016)
DESCRIPTION
Entrance to Scripps Networks' corporate headquarters in Knoxville, Tennessee.
Entrance to Scripps Networks' corporate headquarters in Knoxville, Tennessee.

Scripps Networks Interactive, Inc. is a developer of lifestyle oriented content for many media platforms including television, digital, mobile and publishing. Its portfolio of lifestyle brands include HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel and Great American Country. Scripps was founded in 2008 and is based in Knoxville, Tennessee.

DEAL STATS #
Overall 1 of 8
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
State: Washington M&A 1 of 1
Country: United States M&A 1 of 6
Year: 2007 M&A 1 of 2
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-08 Incando

Arlington, Virginia, United States

Incando Corp., provides video infrastructure technology and solutions for sharing digital video over the Internet. Our technology and professional services enable organizations to deliver enterprise video-based applications easily and cost effectively.

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