M&A Deal Summary

Beasley Acquires Greater Media

On July 19, 2016, Beasley acquired media company Greater Media for 240M USD

Acquisition Highlights
  • This is Beasley’s 1st transaction in the Media sector.
  • This is Beasley’s largest (disclosed) transaction.
  • This is Beasley’s 1st transaction in the United States.
  • This is Beasley’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-07-19
Target Greater Media
Sector Media
Buyer(s) Beasley
Deal Type Add-on Acquisition
Deal Value 240M USD
Advisor(s) Rockdale Partners (Financial)
Debevoise & Plimpton (Legal)

Target

Greater Media

Braintree, Massachusetts, United States
Greater Media is one of the premiere privately-held broadcast companies in America. From the ownership of a single radio station in Southbridge, Massachusetts, Greater Media built a diversified portfolio of successful communications companies.

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Buyer(S) 1

Buyer

Beasley

Naples, Florida, United States
Category Company
Founded 1961
Sector Media
Employees755
Revenue 247M USD (2023)
DESCRIPTION

Beasley offers music, news, information and entertainment to over 7.7 million listeners weekly from 53 stations in twelve radio markets across the United States. In each of markets, company aim to provide the very best radio experience to both listeners and advertisers. Beasley was incorporated in 1961 and is based in Naples, Florida.

DEAL STATS #
Overall 1 of 3
Sector (Media) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-10 Urban One - WDMK-FM and three translators

Detroit, Michigan, United States

Urban One, Inc. - WDMK-FM and three translators offer information and entertainment based in Detroit, Michigan.

Buy $14M
Mergr

Product

Company

Legal