M&A Deal Summary

Dotdash Meredith Acquires BRIDES Magazine

On May 15, 2019, Dotdash Meredith acquired publishing company BRIDES Magazine from Condé Nast Publications

Acquisition Highlights
  • This is Dotdash Meredith’s 1st transaction in the Publishing sector.
  • This is Dotdash Meredith’s 3rd transaction in the United States.
  • This is Dotdash Meredith’s 1st transaction in New York.

M&A Deal Summary
Date 2019-05-15
Target BRIDES Magazine
Sector Publishing
Buyer(s) Dotdash Meredith
Sellers(s) Condé Nast Publications
Deal Type Divestiture

Target

BRIDES Magazine

New York, New York, United States
BRIDES Magazine is a wedding and bridal brand authority in the wedding space that inspires, encourages, and guides from a proposal through engagement, to the wedding and honeymoon.

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Buyer(S) 1

Buyer

Dotdash Meredith

New York, New York, United States
Category Company
Founded 2017
Sector Digital Media
DESCRIPTION

Dotdash Meredith is a digital and print publishing company. Dotdash Meredith brands include PEOPLE, Better Homes & Gardens, Verywell, FOOD & WINE, The Spruce, Allrecipes, Byrdie, REAL SIMPLE, Investopedia, Southern Living and more. Dotdash Meredith is based in New York City and is an operating business of IAC.

DEAL STATS #
Overall 3 of 8
Sector (Publishing) 1 of 1
Type (Divestiture) 3 of 6
State (New York) 1 of 2
Country (United States) 3 of 8
Year (2019) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Byrdie

90048, California, United States

Byrdie is one of the major digital publications dedicated to all things beauty, inside and out, covering beauty tips, style, product reviews, and makeup trends.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Liquor.com

San Francisco, California, United States

Liquor.com is a premium digital media company with a focus on cocktails, spirits, entertaining, and culture. The brand offers unique content and experiences that inspire great living for millions of casual consumers, cocktail enthusiasts, and professional bartenders each month.

Buy -

Seller(S) 1

SELLER

Condé Nast Publications

New York, New York, United States
Category Company
Founded 1909
Sector Publishing
DESCRIPTION

Condé Nast is a print and digital media company. The Company was established in 1909 and is based in New York City.

DEAL STATS #
Overall 2 of 3
Sector (Publishing) 1 of 2
Type (Divestiture) 1 of 2
State (New York) 1 of 1
Country (United States) 2 of 3
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-08 CitizenNet

Culver City, California, United States

CitizenNet, Inc. is a social data and marketing platform. CitizenNet offers fully managed and self service social media advertising solutions for agencies and brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 W Magazine

United States

W Magazine is a fashion magazine published by Condé Nast in print and online.

Sell -
Mergr

Product

Company

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