Add-on Acquisition • Media

Audacy Acquires Cadence13

On August 7, 2019, Audacy acquired media company Cadence13

Acquisition Context
  • This is Audacy’s 5th transaction in the Media sector.
  • This is Audacy’s 5th transaction in the United States.
  • This is Audacy’s 4th transaction in New York.

Explore All 2031 Add-on Acquisition Media Deals - Search the Database Free


M&A Deal Summary

Date August 7, 2019
Target Cadence13
Sector Media
Buyer(s) Audacy
Deal Type Add-on Acquisition

Target Company

Cadence13

New York, New York, United States
Cadence13 create, sell and build audiences for top podcasts.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Audacy

Philadelphia, Pennsylvania, United States

Category Company
Founded 1968
Sector Media
Employees3,530
Revenue 1.2B USD (2023)
DESCRIPTION

Audacy is a radio broadcasting company, with a portfolio of 125 highly-rated radio stations. Audacy was incorporated in 1968 and is based in Philadelphia, Pennsylvania.


Deal Context for Buyer #
Overall 5 of 7
Sector: Media 5 of 6
Type: Add-on Acquisition 2 of 4
State: New York 4 of 5
Country: United States 5 of 7
Year: 2019 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 Pineapple Street Media

Brooklyn, New York, United States

Pineapple Street Media is an award-winning, renowned independent producer of top-rated podcast content. Pineapple Street Media was founded in 2016 in Brooklyn, NY, with a clear, simple mission in mind: work with the most interesting and ambitious creative and corporate partners to create the highest quality audio stories in a variety of forms and across a range of genres. Pineapple Street Media take pride in a flexible approach to partnerships and strive to make shows that represent a diversity of ideas, communities, and interests.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 QL Gaming Group

New York, New York, United States

QL Gaming Group is a direct to consumer sports data and iGaming affiliate platform. QLGG operates three consumer-facing data/analytics brands: BetQL (for betting), RotoQL (for daily fantasy), and SquadQL (for season-long fantasy). QLGG has over half a million users across these products and tens of thousands of paying customers. QLGG holds a gaming license in New Jersey to act as an affiliate to sportsbook operators such as DraftKings, FanDuel, BetStars, and more. QL Gaming Group was formed in 2015 and is based in New York, New York.

Buy $32M