M&A Deal Summary

Group Nine Media Acquires PopSugar

On October 7, 2019, Group Nine Media acquired digital media company PopSugar

Acquisition Highlights
  • This is Group Nine Media’s 1st transaction in the Digital Media sector.
  • This is Group Nine Media’s 2nd transaction in the United States.
  • This is Group Nine Media’s 2nd transaction in California.

M&A Deal Summary

Date 2019-10-07
Target PopSugar
Sector Digital Media
Buyer(s) Group Nine Media
Deal Type Add-on Acquisition
Advisor(s) Code Advisors (Financial)

Target

PopSugar

San Francisco, California, United States
PopSugar, Inc. is a digital lifestyle brand for women globally. PopSugar, Inc. reaches young women through its digital media brand, POPSUGAR; its quarterly subscription box POPSUGAR Must Have; its makeup line, Beauty by POPSUGAR; the POPSUGAR Collection at Kohl’s; and the large-scale festival, POPSUGAR Play/Ground. POPSUGAR delivers positive and purpose-driven content spanning entertainment, fashion, beauty, fitness, parenting, and more. POPSUGAR reaches 300M readers across its platforms and one in two millennial women in the United States.

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Buyer(S) 1

Buyer

Group Nine Media

New York, New York, United States

Category Company
Founded 2016
Sector Media
DESCRIPTION

Group Nine Media, Inc. is a digital media holding company. Group Nine Media, Inc. was established in 2016 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-07 Jash

Culver City, California, United States

Jash is a digital comedy studio that produces and distributes television films. Jash was established in 2013 and is based in Culver City, California.

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