M&A Deal Summary

Financial Media Exchange Acquires AdviceIQ

On March 24, 2017, Financial Media Exchange acquired digital media company AdviceIQ from AIQ

Acquisition Highlights
  • This is Financial Media Exchange’s 1st transaction in the Digital Media sector.
  • This is Financial Media Exchange’s 1st transaction in the United States.
  • This is Financial Media Exchange’s 1st transaction in New York.

M&A Deal Summary

Date 2017-03-24
Target AdviceIQ
Sector Digital Media
Buyer(s) Financial Media Exchange
Sellers(s) AIQ
Deal Type Divestiture

Target

AdviceIQ

New York, New York, United States
AdviceIQ is a digital home to a range of personal finance and investment content, including daily articles, advisor rankings, and the web's flagship consumer directory of trusted advisors. AdviceIQ places journalistic independence as the cornerstone of a mission to publish articles written by financial advisors who inform millions, ensure trust and bring the value of trusted financial guidance into focus with the American investing public.

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Buyer(S) 1

Buyer

Financial Media Exchange

Plymouth, Massachusetts, United States

Category Company
Sector Digital Media
DESCRIPTION

Financial Media Exchange LLC is a content library built exclusively for the financial services industry. ndividuals and organizations of all sizes benefit from its sophisticated sales enablement technology that allows for aggregation, curation, and distribution of content from any mobile device, in addition to measuring content utilization, remaining compliant with industry regulations and elevating the customer experience.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

AIQ

United States

Category Company
Sector Digital Media
DESCRIPTION

AIQ LLC is a provider of digital content services for financial industry In US.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1