Time - M&A Summary and Business Overview

PublishingCompany

Time M&A Summary

Time has acquired 14 companies. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.

Time’s largest acquisition to date was in 2001, when it acquired IPC for $1.8B. Time has acquired in 6 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (36%) and media (29%).

Time Business Overview

Where is Time headquartered?

Time is headquartered in New York, New York.

What is Time’s revenue?

Time disclosed revenue of 3,076M USD for 2016 and 3,103M USD for 2015.

How many employees does Time have?

Time has 7,200 employees.

What sector is Time in?

Time is a publishing company.

When was Time founded?

Time was founded in 1922.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity14
    • M&A Sell Activity5
  • Total Sectors Invested 6
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 8
  • M&A Advisors 1

Time, Inc.

225 Liberty Street,
New York, New York 10281
United States,
(212) 522-1212
www.timeinc.com

Time, Inc. is a media company that reaches more than 130 million consumers each month across multiple platforms. With influential brands such as TIME, PEOPLE, SPORTS ILLUSTRATED, InStyle, REAL SIMPLE, Wallpaper, Travel + Leisure and Food & Wine, Time Inc. is home to celebrated events and franchises including the FORTUNE 500, TIME 100, SPORTS ILLUSTRATED’s Sportsman of the Year, the Food & Wine Classic in Aspen and the ESSENCE Festival. The company is home to growing media platforms and extensions, including digital video, OTT, television, licensing, international markets, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE’s Sexiest Man Alive, SPORTS ILLUSTRATED’s Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 14 - - - - - 14
vol $1.8B $1.8B
Sell (0.4/yr) # 3 - 1 1 - - 5
  19

Most Recent M&A

Company Date Value Type
Cozi, Inc. 2022-05-04 - Divestiture
Seattle, Washington · www.cozi.com
Viant Technology, Inc. 2021-02-09 - IPO
Irvine, California · www.viantinc.com
Essence Communications, Inc. 2018-01-03 - Divestiture
New York, New York · www.essence.com
Sunset Publishing Corp. 2017-11-30 - Divestiture
Oakland, California · www.sunset.com
Bizrate Insights 2016-09-06 - Divestiture
Los Angeles, California · www.bizrateinsights.com
CCI Asia-Pacific Ltd. 2016-05-24 - Add-on Acquisition
Hong Kong, China · www.cci.com.hk
This Old House Ventures LLC 2016-04-01 - Divestiture
Stamford, Connecticut · www.thisoldhouse.com
Viant Technology, Inc. 2016-02-11 - Add-on Acquisition
Irvine, California · www.viantinc.com
xoVain 2015-10-27 - Divestiture
New York, New York · www.xovain.com
xoJane 2015-10-27 - Divestiture
New York, New York · www.xojane.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 5 (36%) - 1 (20%) -
Media 4 (29%) - 2 (40%) -
Publishing 2 (14%) 1.8B (100%) 1 (20%) -
Marketing 1 (7%) - 1 (20%) -
Digital Media 1 (7%) - - -
Gaming 1 (7%) - - -
Total 14 $1.8B 5 -

By Geo

State/Country Buy Value Sell Value
United States 11 - 5 -
  New York 4 - 1 -
  California 3 - 2 -
  Connecticut 1 - 1 -
  Washington 1 - 1 -
  Montana 1 - - -
  Massachusetts 1 - - -
United Kingdom 2 1.8B - -
China 1 - - -
Domestic 11 (79%) - 5 (100%) -
Cross-border 3 (21%) 1.8B (100%) - -
Total 14 $1.8B 5 -

Top M&A Advisors

Financial Deals
The Jordan, Edmiston Group, Inc. (JEGI)
1

Deal Values

buy # Total
> $1B 1 $1.8B
TOTAL $1.8B
Largest IPC Ltd.
$1.8B (2001-10-01)

M&A Connections

Deals
Acquired from
Investor(s)
7%
1 (7%)
Strategic(s)
29%
4 (29%)
Divested to
Investor(s)
40%
2 (40%)
Strategic(s)
40%
2 (40%)

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