Add-on Acquisition • Digital Media

Axios Media Acquires Charlotte Agenda

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

Acquisition Context

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.

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

Target Company

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 Overview 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 Context for Buyer	#
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

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