M&A Deal Summary

Gannett Acquires North Jersey Media Group

On July 6, 2016, Gannett acquired digital media company North Jersey Media Group

Acquisition Highlights
  • This is Gannett’s 1st transaction in the Digital Media sector.
  • This is Gannett’s 3rd transaction in the United States.
  • This is Gannett’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-07-06
Target North Jersey Media Group
Sector Digital Media
Buyer(s) Gannett
Deal Type Add-on Acquisition

Target

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.

Search 201,292 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

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 3 of 6
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (New Jersey) 1 of 1
Country (United States) 3 of 5
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-27 ReachLocal

Woodland Hills, California, United States

ReachLocal, Inc. is a provider of digital marketing services for small and medium sized businesses in the markets it serves. Products include a full suite of digital services related to web presence, search, lead generation and advertising. Among the many ways ReachLocal helps clients is by creating a complete web presence, providing digital advertising solutions that optimize campaigns, and, through its ReachEdge™ lead conversion software, enabling clients to build leads and convert them into customers while tracking what marketing sources work best.

Buy $156M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-05 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.

Buy -
Mergr

Product

Company

Legal