M&A Deal Summary |
|
|---|---|
| Date | 2021-06-24 |
| Target | Complex Networks |
| Sector | Digital Media |
| Buyer(s) | BuzzFeed |
| Sellers(s) |
Verizon Communications
Hearst |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Digital Media |
| Employees | 611 |
| Revenue | 190M USD (2024) |
BuzzFeed is an independent digital media and tech company delivering news and entertainment content to a global audience. The company covers breaking news, produces original video, and creates content that people want to share on the web. BuzzFeed was formed in 2006 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Digital Media M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-19 |
The Huffington Post
New York, New York, United States The Huffington Post is an online news source and blog offering content spanning business, politics, entertainment, and technology. The Huffington Post was formed in 2005. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-21 |
Complex Networks
New York, New York, United States Complex Networks champions the people, brands, and new trends needed to know now, will obsess over next, and builds consumer universes around them. The company was formed from the acquisition of Complex Media Inc. through a joint venture by Verizon and Hearst, creates and distributes original programming with premium distributors including Netflix, Hulu, Turner, Corus, Facebook, Snap, Fuse, Pluto TV, Roku, and more. Its content spans across the music to movies, sports to video games, fashion to food, and more. Complex Networks was formed in 2002 and is based in New York, New York. |
Sell | $109M |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 99,600 |
| Revenue | 134.8B USD (2024) |
Verizon Communications is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon Communications was founded in 1983 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 14 |
| Sector: Digital Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 12 of 13 |
| State: New York M&A | 6 of 6 |
| Country: United States M&A | 13 of 14 |
| Year: 2021 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-21 |
Senion
Linköping, Sweden Senion is a provider in indoor positioning solutions, bringing a seamless, responsive, and consumer-friendly foundation for location-based services applications. Senion comprehensive IPS services include analytics, wayfinding, geofencing, friend finder and tracking. Senion was founded in 2010 and is based in Linköping, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-07 |
EdgeCast
Los Angeles, California, United States EdgeCast helps companies meet the ever-growing expectations of their customers. Edgecast's set of solutions across content delivery, cloud security, and video streaming, combined with a team of customer-oriented domain experts, streamlines operations and improves efficiencies, so businesses can redirect their energy into creating value for their customers not managing multiple vendors and workflows. EdgeCast was founded in 2006 and is based in Los Angeles, California. |
Sell | $300M |
Hearst is a privately held American mass media and business information conglomerate founded by William Randolph Hearst in 1887. The Company operates in a wide range of industries, including publishing, broadcasting, entertainment, digital media, and real estate. Hearst owns over 360 businesses across the globe, including newspapers, magazines, television stations, cable networks, book publishers, and online media. Some of its most well-known brands include Cosmopolitan, Esquire, Harper's Bazaar, Elle, Marie Claire, Car and Driver, and Good Housekeeping. The company also owns a significant stake in ESPN and A&E Networks. Today, Hearst is one of the largest diversified media and information companies in the world. Hearst is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Digital Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 6 of 6 |
| State: New York M&A | 2 of 2 |
| Country: United States M&A | 6 of 6 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-14 |
Slickdeals
Las Vegas, Nevada, United States Slickdeals is an online community dedicated to sharing, rating and reviewing deals and coupons in the U.S. Slickdeals was founded in 1999 and is based in Las Vegas, Nevada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-07 |
CellTrak
Schaumburg, Illinois, United States CellTrak is a provider of Care Delivery Management solutions that enable home and community-based care organizations to deliver higher quality care, communicate seamlessly with health care workers, improve compliance, and increase productivity. CellTrak was founded in 2004 and is based in Schaumburg, Illinois. |
Buy | - |
