M&A Deal Summary |
|
|---|---|
| Date | 2024-06-18 |
| Target | Toutabo |
| Sector | Digital Media |
| Buyer(s) | Cafeyn |
| Sellers(s) | Readly International |
| Deal Type | Divestiture |
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Cafeyn provides a service for instant access to client's favorite magazines and newspapers wherever and whenever wanted. It features a large catalog of magazines and newspapers to read and discover something new amongst thousands of titles. Cafeyn was formed in 2006 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Digital Media) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (France) | 1 of 1 |
| Year (2024) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Digital Media |
| Employees | 91 |
| Revenue | 663M SEK (2023) |
Readly International is a digital subscription services for magazines providing “all-you-can-read” access to a portfolio of approximately 5,000 titles and approximately 130,000 issues from trusted publishers. Readly International was founded in 2012 and is based in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Digital Media) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (France) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-06 |
Toutabo
Paris, France Toutabo is a subscription provider in France and owner of the digital provider ePresse. Toutabo is based in Paris, France. |
Buy | €8M |
