Investment Summary

ACI Media Group Invests In MyDistrict Net

On May 19, 2015, ACI Media Group invested in information technology company MyDistrict Net

Investment Highlights
  • This is ACI Media Group’s 1st transaction in the Information Technology sector.
  • This is ACI Media Group’s 1st transaction in the United States.
  • This is ACI Media Group’s 1st transaction in Texas.

Investment Summary

Date 2015-05-19
Target MyDistrict Net
Sector Information Technology
Investor(s) ACI Media Group
Deal Type Stake Purchase

Target

MyDistrict Net

Dallas, Texas, United States
MyDistrict Net LLC is a technology company that has been serving the newspaper industry. Net began by developing software for managing newspaper home delivery businesses for the Dallas market, and began servicing The Dallas Morning News in 2001.

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Investor(S) 1

Investor

ACI Media Group

Long Beach, California, United States

Category Company
Sector Media
DESCRIPTION

ACI Media Group is a provider of multi-channel distribution services. ACI is the only company that offers publishers a full selection of delivery services, including paid home delivery, single-copy, TMC/niche distribution, Sunday Select targeted delivery and their trademarked “Do No Harm” launch strategy.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1