Stingray Mergers and Acquisitions Summary

Digital MediaCompany

Stingray has acquired 26 companies, including 9 in the last 5 years.

Stingray’s largest acquisition to date was in 2018, when it acquired Newfoundland Capital for $506M. Stingray has acquired in 5 different US states, and 8 countries. The Company’s most targeted sectors include media (54%) and internet software and services (12%).

Join Mergr and gain access to Stingray’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the digital media sector.

M&A Summary

  • M&A Total Activity26
    • M&A Buy Activity26
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Stingray

Stingray Group, Inc.

730 Wellington,
Montreal, Quebec H3C 1T4
Canada,
(514) 664-1244
www.stingray.com

Stingray is a music and video content provider on a number of platforms including Digital TV, IPTV, the Internet, mobile devices and game consoles. Stingray was founded in 2007 and is based in Montreal, Quebec.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.0/yr) # 21 - 2 2 1 - 26
vol $508M $45M $553M
Sell (0.0/yr) # - - - - - - 0
  26

Most Recent M&A

Company Date Value Type
InStore Audio Network 2022-01-05 45M CAD Add-on Acquisition
Princeton, New Jersey · www.instoreaudionetwork.com
The Singing Machine Co., Inc. 2021-08-11 - Stake Purchase
Fort Lauderdale, Florida · www.singingmachine.com
Calm Radio Corp. 2021-07-05 - Add-on Acquisition
Toronto, Ontario · www.calmradio.com
Marketing Sensorial México, S.A.P.I. de C.V. 2020-05-06 - Add-on Acquisition
Mexico City, Mexico · www.basha.mx
Chatter Research, Inc. 2020-01-27 - Add-on Acquisition
Mountain View, California · www.chatterresearch.com
DJ-Matic BV 2018-10-12 - Add-on Acquisition
Hilversum, Netherlands · www.dj-matic.com
Novramedia Inc. 2018-08-01 - Add-on Acquisition
North York, Ontario · www.novramedia.com
Newfoundland Capital Corporation Ltd. 2018-05-02 506M USD Add-on Acquisition
Dartmouth, Nova Scotia · www.ncc.ca
Qello Concerts 2018-01-03 - Add-on Acquisition
New York, New York · www.qello.com
SBA Music PTY Ltd. (SBA) 2017-07-31 - Add-on Acquisition
Surry Hills, Australia · www.sbamusic.com.au
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 14 (54%) 506M (92%) - -
Internet Software and Services 3 (12%) - - -
Marketing 3 (12%) 45M (8%) - -
Information Technology 2 (8%) 2M (< 1%) - -
Business Services 1 (4%) - - -
Consumer Products 1 (4%) - - -
Digital Media 1 (4%) - - -
Distribution 1 (4%) - - -
Total 26 $553M - -

By Geo

State/Country Buy Value Sell Value
Canada 8 508M - -
  Ontario 3 - - -
  Quebec 2 2M - -
  Nova Scotia 1 506M - -
  Manitoba 1 - - -
Netherlands 6 - - -
United States 6 45M - -
  Florida 2 - - -
  Texas 1 - - -
  New York 1 - - -
  New Jersey 1 45M - -
  California 1 - - -
Australia 2 - - -
Germany 1 - - -
Israel 1 - - -
Mexico 1 - - -
Switzerland 1 - - -
Domestic 8 (31%) 508M (92%) - -
Cross-border 18 (69%) 45M (8%) - -
Total 26 $553M - -

Top M&A Advisors

Financial Deals
National Bank Financial
1
Legal Deals
Davies Ward Phillips & Vineberg LLP
1

Deal Values

buy # Total
$100M to $1B 1 $506M
< $100M 2 $47M
TOTAL $553M
Largest Newfoundland Capital Corporation Ltd.
$506M (2018-05-02)

M&A Connections

Deals
Acquired from
Strategic(s)
19%
5 (19%)

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