M&A Deal Summary |
|
|---|---|
| Date | 2014-09-03 |
| Target | KUBRA Data Transfer |
| Sector | Financial Services |
| Buyer(s) | Hearst |
| Sellers(s) | Clairvest Group |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Financial Technology Partners (Financial) |
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Hearst is a privately held American mass media and business information conglomerate founded by William Randolph Hearst in 1887. The Company operates in a wide range of industries, including publishing, broadcasting, entertainment, digital media, and real estate. Hearst owns over 360 businesses across the globe, including newspapers, magazines, television stations, cable networks, book publishers, and online media. Some of its most well-known brands include Cosmopolitan, Esquire, Harper's Bazaar, Elle, Marie Claire, Car and Driver, and Good Housekeeping. The company also owns a significant stake in ESPN and A&E Networks. Today, Hearst is one of the largest diversified media and information companies in the world. Hearst is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 29 |
| Sector (Financial Services) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 19 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2014) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-20 |
WVTM-TV
Birmingham, Alabama, United States WVTM-TV is the 44th largest television market. The TV stations broadcast 60 video channels, featuring local and national news, weather, information, sports and entertainment programming and local community service-oriented programs. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-19 |
BranchOut
San Francisco, California, United States BranchOut is a professional network with over 800 million searchable profiles. On BranchOut, users utilize their social network from Facebook to discover all of their inside connections for jobs, recruiting and sales. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 4.5B CAD |
| Size | Large |
| Type | Sector Agnostic |
Clairvest Group is a generalist Canadian private equity firm focused on mid-market businesses with C$10 to C$50 million of EBITDA. While Clairvest does not have any sector preferences, the Firm prefers fragmented sectors with recurring revenue business models and economies of scale. Clairvest will consider both minority and majority investment positions and invests in the range of C$25- C$100 million per transaction. Clairvest was formed in 1987 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 31 |
| Sector (Financial Services) | 1 of 1 |
| Type (Add-on Acquisition) | 4 of 15 |
| State (Ontario) | 5 of 9 |
| Country (Canada) | 7 of 12 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-27 |
Winters Bros. Waste Systems
Danbury, Connecticut, United States Winters Bros. Waste Systems provides waste removal, garbage collection, and container services. Its services include commercial rubbish and recycling, residential services, construction demolition, and transfer stations. Winters Bros. Waste Systems was founded in 1950 and is based in Danbury, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-01 |
Linen King
Tulsa, Oklahoma, United States Linen King is a provider of outsourced healthcare laundry services to hospitals and healthcare facilities across the mid-South US. Linen King was established in 1999 and is based in Tulsa, Oklahoma. |
Sell | - |
