M&A Deal Summary |
|
|---|---|
| Date | 2015-01-12 |
| Target | Halifax Media Group |
| Sector | Media |
| Buyer(s) | Gannett |
| Sellers(s) |
Advantage Capital Partners
Stephens Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Publishing |
| Employees | 12,800 |
| Revenue | 2.5B USD (2024) |
Gannett is a subscription-led and digitally focused media and marketing solutions company committed to empowering communities to thrive. The company's portfolio includes USA TODAY, local media organizations in 46 states in the U.S., and Newsquest, a wholly-owned subsidiary with over 120 local media brands operating in the United Kingdom. It also owns the digital marketing services companies ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc., and runs the largest media-owned events business in the U.S., USA TODAY NETWORK Ventures. Gannett was founded in 1997 and is based in McLean, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 16 |
| Sector: Media M&A | 3 of 7 |
| Type: Add-on Acquisition M&A Deals | 3 of 10 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 4 of 16 |
| Year: 2015 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-02 |
The Progress-Index
Petersburg, Virginia, United States
|
Buy | $15M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-19 |
Stephens Media
Las Vegas, Nevada, United States Stephens Media LLC is a newspaper publisher operating eight daily newspapers, over 65 weekly and niche publications, and more than 50 websites serving communities throughout the United States. |
Buy | $103M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 59 of 113 |
| Sector: Media M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 30 of 66 |
| State: Florida M&A | 5 of 6 |
| Country: United States M&A | 59 of 113 |
| Year: 2015 M&A | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-01 |
Arcobasso Foods
Hazelwood, Montana, United States Arcobasso Foods, Inc. is a developer of custom sauces, dressings and beverages and bottling and packaging them in a variety of forms and sizes. Arcobasso Foods was founded in 1986 and is based in Hazelwood, Montana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-23 |
Shape
Addison, Illinois, United States Shape is a designer and manufacturer of custom magnetic products. Shape specializes in the production of large transformers with rated wattage above 250 watts, which are used in airport lighting, airport security systems, ultraviolet curing, water sanitation, telecom equipment and other niche applications. Shape was founded in 1966 and is based in Addison, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Size | Middle-Market |
| Type | Sector Agnostic |
Stephens Capital Partners is the direct, private equity investment arm of financial services firm Stephens, Inc. Stephens Capital looks to acquire minority or majority stakes in mid-sized, profitable companies in partnership with management. The Firm will consider opportunities throughout the US valued between $50 and $200 million. Stephens Capital will not consider venture investments or turnaround situations. Stephens Capital Partners is based in Little Rock, Arkansas.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 42 |
| Sector: Media M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 10 of 21 |
| State: Florida M&A | 3 of 4 |
| Country: United States M&A | 19 of 40 |
| Year: 2015 M&A | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-01 |
Hargray Communications Group
Hilton Head, South Carolina, United States Hargray Communications Group, Inc. is a telecommunications provider serving southeastern South Carolina and northeastern Georgia. The company's operations include traditional telephone carrier services, internet services, cable television, wireless telephone, and a telephone directory publishing operation. Hargray Communications Group was founded in 1949 and is based in Hilton Head, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-19 |
Stephens Media
Las Vegas, Nevada, United States Stephens Media LLC is a newspaper publisher operating eight daily newspapers, over 65 weekly and niche publications, and more than 50 websites serving communities throughout the United States. |
Sell | $103M |