M&A Deal Summary

Axel Springer Acquires Business Insider

On September 29, 2015, Axel Springer acquired digital media company Business Insider for 343M USD

Acquisition Highlights
  • This is Axel Springer’s 2nd transaction in the Digital Media sector.
  • This is Axel Springer’s 2nd largest (disclosed) transaction.
  • This is Axel Springer’s 2nd transaction in the United States.
  • This is Axel Springer’s 1st transaction in New York.

M&A Deal Summary
Date 2015-09-29
Target Business Insider
Sector Digital Media
Buyer(s) Axel Springer
Deal Type Add-on Acquisition
Deal Value 343M USD

Target

Business Insider

New York, New York, United States
Business Insider is a digital media company focused on business news and information. The Company was formed in 2007 and is based in New York City.

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Buyer(S) 1

Buyer

Axel Springer

Berlin, Germany
Category Company
Founded 1946
Sector Publishing
Employees16,233
Revenue 3.2B EUR (2018)
DESCRIPTION
Entrance to Axel Springer's corporate headquarters in Berlin.
Entrance to Axel Springer's corporate headquarters in Berlin.

Axel Springer is a publisher of newspapers and magazines. Axel Springer was founded in 1946 and is based in Berlin, Germany.

DEAL STATS #
Overall 6 of 9
Sector (Digital Media) 2 of 3
Type (Add-on Acquisition) 5 of 7
State (New York) 1 of 3
Country (United States) 2 of 5
Year (2015) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-17 Axel Springer Russia

Russia

Axel Springer Russia is the Russian publisher of FORBES, forbes.ru, finanz.ru, OK!, GEO and GALA Биография, and other titles.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Thrillist Media Group

New York, New York, United States

Thrillist Media Group, Inc. is a digital media company and lifestyle destination for millennial men.

Buy -
Mergr

Product

Company

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