M&A Deal Summary |
|
|---|---|
| Date | 2020-03-26 |
| Target | Ironman |
| Sector | Media |
| Buyer(s) | Advance Publications |
| Sellers(s) | Dalian Wanda Group Co |
| Deal Type | Divestiture |
| Advisor(s) | Credit Suisse Investment Banking (Financial) Reed Smith (Legal) |
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| Category | Company |
|---|---|
| Founded | 1922 |
| Sector | Publishing |
Advance is a diversified, family-owned company that operates and invests in a broad range of media, communications and technology businesses globally. Advance Publications directly or through subsidiaries, owns Condé Nast Publications, American City Business Journals, the Golf Digest Companies, and newspapers in more than twenty-five American cities. Advance Publications' subsidiaries also have extensive interests in cable television, as well as in Internet sites which are related to its print publications. Advance was established in 1922 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector (Media) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Florida) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-06 |
Turnitin
Oakland, California, United States Turnitin is a provider of academic integrity and writing solutions and supports authentic work across the curriculum. Turnitin provides instructors with the tools to prevent plagiarism, engage students in the writing process, and provide personalized feedback. Turnitin was founded in 1997 and is based in Oakland, California. |
Buy | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-07 |
1010Data
New York, New York, United States 1010data is a provider of big data discovery and data sharing that enable organizations to analyze, share, and monetize Big Data on a single, scalable platform. 1010Data was founded in 2000 and is based in New York City. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Real Estate |
| Revenue | 6.3B USD (2013) |
Dalian Wanda Group was founded in 1988 and operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion yuan ($62.8 billion), its annual income reached 186.6 billion yuan ($30.8 billion) and net profits exceeded 12.5 billion yuan ($2.06 billion).
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Media) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-04 |
Dick Clark Productions
Santa Monica, California, United States Dick Clark Productions, Inc. is a well-known American TV production company possessing over 20 famous TV rights, including the Golden Globe Awards, the American Music Awards, the Billboard Music Awards, the Academy of Country Music Awards, and the New Year's countdown celebrations in New York. The majority of the rights that DCP possesses are for an indefinite period. The company's primary revenue stems from the broadcasting rights of these ceremonies, and it has long-term agreements with all the major TV stations. DCP has abundant cash flow with a high level of operation stability and steady profit growth. |
Buy | $1.0B |
