M&A Deal Summary

Gannett Acquires Golfweek Turnstile Publishing

On October 5, 2016, Gannett acquired publishing company Golfweek Turnstile Publishing

Acquisition Highlights
  • This is Gannett’s 1st transaction in the Publishing sector.
  • This is Gannett’s 4th transaction in the United States.
  • This is Gannett’s 1st transaction in Florida.

M&A Deal Summary

Date 2016-10-05
Target Golfweek Turnstile Publishing
Sector Publishing
Buyer(s) Gannett
Deal Type Add-on Acquisition

Target

Golfweek Turnstile Publishing

Orlando, Florida, United States
Golfweek Turnstile Publishing, Inc. is a golf publisher. Golfweek brand includes Golfweek magazine, the Golfweek Digital Network, Golfweek Events and Golfweek Custom Media.

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Buyer(S) 1

Buyer

Gannett

McLean, Virginia, United States

Category Company
Founded 2014
Sector Publishing
Revenue 2.9B USD (2018)
DESCRIPTION

Gannett Co., Inc. is a digitally focused media and marketing solutions company committed to strengthening communities across its network. Gannett's operations comprise of USA TODAY, 92 daily local publications in the US and Guam, more than 400 non-daily publications in the U.S., and, through our Newsquest subsidiary, more than 150 local news brands online, mobile and in print in the UK. Gannett was established in 2014 and is based in McLean, Virginia.


DEAL STATS #
Overall 4 of 6
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (Florida) 1 of 1
Country (United States) 4 of 5
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 North Jersey Media Group

Woodland Park, New Jersey, United States

North Jersey Media Group, Inc. is a provider of news and marketing services in northern New Jersey. The Record is an award-winning daily newspaper reaching nearly half a million readers a day with local, investigative and enterprise reporting. Forty-nine community newspapers circulate to 778,000 households across Bergen, Passaic, Essex, Morris, Hudson and Sussex counties. Together, the company's daily and community newspapers reach 98% of homes across Bergen and Passaic counties.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-20 SweetIQ Analytics

Montreal, Quebec, Canada

SweetIQ Analytics Corp. is a provider of location and reputation management Software-as-a-Service (“SaaS”) solutions that enable businesses to manage their location data and measure consumer engagement. SweetIQ Analytics was founded in 2010 and is based in Montreal, Quebec.

Buy -