M&A Deal Summary

Fox Acquires Credible Labs

On August 4, 2019, Fox acquired information technology company Credible Labs

Acquisition Highlights
  • This is Fox’s 1st transaction in the Information Technology sector.
  • This is Fox’s 1st transaction in the United States.
  • This is Fox’s 1st transaction in California.

M&A Deal Summary
Date 2019-08-04
Target Credible Labs
Sector Information Technology
Buyer(s) Fox
Deal Type Add-on Acquisition

Target

Credible Labs

San Francisco, California, United States
Credible Labs, Inc. is a U.S. company based in San Francisco which operates a consumer finance marketplace that helps consumers save money and make better financial decisions. Credible has developed a proprietary technology platform that is integrated with credit bureaus and financial institutions. Credible has developed a differentiated, and personalized user experience that enables consumers to compare instant, accurate prequalified rates from multiple financial institutions for student loans, personal loans, and mortgages.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Fox

New York, New York, United States
Category Company
Founded 2018
Sector Media
Employees10,400
Revenue 14.9B USD (2023)
DESCRIPTION

Fox produces and distributes compelling news, sports, and entertainment content through its iconic domestic brands including FOX News, FOX Sports, the FOX Network, and the FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of Fox footprint allow to deliver content that engages and informs audiences, develops deeper consumer relationships and creates more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. Fox was founded in 2018 and is based in New York, New York.

DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 2
Country (United States) 1 of 4
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Nexstar Media Group - Stations

Irving, Texas, United States

Nexstar Media Group, Inc.'s Stations provides broadcasting services in Seattle, WA, and Milwaukee, WI.

Buy $350M
Mergr

Product

Company

Legal