M&A Deal Summary

Encyclopaedia Britannica Acquires ProCon.org

On May 29, 2020, Encyclopaedia Britannica acquired digital media company ProCon.org

Acquisition Highlights
  • This is Encyclopaedia Britannica’s 1st transaction in the Digital Media sector.
  • This is Encyclopaedia Britannica’s 1st transaction in the United States.
  • This is Encyclopaedia Britannica’s 1st transaction in California.

M&A Deal Summary

Date 2020-05-29
Target ProCon.org
Sector Digital Media
Buyer(s) Encyclopaedia Britannica
Deal Type Add-on Acquisition

Target

ProCon.org

Santa Monica, California, United States
ProCon.org provides information and research on all sides of the controversial issues of the day. The company uses professional researchers and upholds rigorous editorial standards to explore more than 80 controversial issues, from gun control, immigration, and the Electoral College to vaping, mandatory school uniforms, and animal dissection as part of school experiments. ProCon was formed in 2004 and is based in Santa Monica, California.

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Buyer(S) 1

Buyer

Encyclopaedia Britannica

Chicago, Illinois, United States

Category Company
Founded 1768
Sector Digital Media
DESCRIPTION

Encyclopaedia Britannica, Inc. is a provider of curriculum digital products for schools, language-study courses, online learning services, encyclopedias and other reference works and language products through its Merriam-Webster subsidiary.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 Encyclopaedia Britannica - Indian Curriculum Business

Chicago, Illinois, United States

Encyclopaedia Britannica, Inc. - Indian Curriculum Business is a provider of digital media services.

Sell -