M&A Deal Summary

Fairfax New Zealand Acquires Neighbourly

On November 1, 2017, Fairfax New Zealand acquired digital media company Neighbourly

Acquisition Highlights
  • This is Fairfax New Zealand’s 1st transaction in the Digital Media sector.
  • This is Fairfax New Zealand’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2017-11-01
Target Neighbourly
Sector Digital Media
Buyer(s) Fairfax New Zealand
Deal Type Add-on Acquisition

Target

Neighbourly

Auckland, New Zealand
Neighbourly Ltd. is a New Zealand owned company founded by a team of individuals passionate about building stronger, safer and more vibrant communities. Neighbourly's mission is to create an easy way for neighbours to talk and share online, creating more real world connections and ultimately growing stronger, safer and friendlier communities. Neighbourly allows you to stay connected with your neighbours and community using a private neighbourhood website. It's a free service that is designed to make your neighbourhood a safer and better place to live.

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Buyer(S) 1

Buyer

Fairfax New Zealand

Wellington, New Zealand

Category Company
Founded 2003
Sector Media
DESCRIPTION

Fairfax New Zealand Ltd is a news and information publisher.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2017 M&A 1 of 1