Stingray - M&A Summary and Business Overview

Digital MediaCompany

Stingray M&A Summary

Stingray has acquired 26 companies, including 5 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 marketing (12%).

Stingray Business Overview

Where is Stingray headquartered?

Stingray is headquartered in Montreal, Quebec.

What is Stingray’s revenue?

Stingray disclosed revenue of 283M CAD for 2022 and 249M CAD for 2021.

How many employees does Stingray have?

Stingray has 1,000 employees.

What sector is Stingray in?

Stingray is a digital media company.

When was Stingray founded?

Stingray was founded in 2007.

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 ≤ '19 '20 '21 '22 '23 '24 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 - - -
  California 1 - - -
  Texas 1 - - -
  New York 1 - - -
  New Jersey 1 45M - -
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%)

 Subscribe to unlock this and 201,353
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.