M&A Deal Summary

Axios Media Acquires Charlotte Agenda

On December 17, 2020, Axios Media acquired digital media company Charlotte Agenda for 5M USD

Acquisition Highlights
  • This is Axios Media’s 1st transaction in the Digital Media sector.
  • This is Axios Media’s largest (disclosed) transaction.
  • This is Axios Media’s 1st transaction in the United States.
  • This is Axios Media’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2020-12-17
Target Charlotte Agenda
Sector Digital Media
Buyer(s) Axios Media
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Charlotte Agenda

Charlotte, North Carolina, United States
The Charlotte Agenda is a local digital focused news service focused on covering Charlotte, North Carolina. The Company was formed in 2015.

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Buyer(S) 1

Buyer

Axios Media

Arlington, Virginia, United States

Category Company
Sector Media
DESCRIPTION

Axios Media is a digital media company delivering trustworthy breaking news and invaluable insights to help readers and viewers get smarter, faster across the topics reshaping our lives in politics, tech, business, media, science and the world. Axios Media is based in Arlington Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1