M&A Deal Summary |
|
|---|---|
| Date | 2016-06-13 |
| Target | MedHOK |
| Sector | Internet Software and Services |
| Buyer(s) | Hearst |
| Sellers(s) |
Spectrum Equity
Bain Capital Private Equity |
| Deal Type | Add-on Acquisition |
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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 | 21 of 29 |
| Sector (Internet Software and Services) | 5 of 7 |
| Type (Add-on Acquisition) | 13 of 19 |
| State (Florida) | 2 of 2 |
| Country (United States) | 18 of 26 |
| Year (2016) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-18 |
Complex Networks
New York, New York, United States Complex Networks champions the people, brands, and new trends needed to know now, will obsess over next, and builds consumer universes around them. The company was formed from the acquisition of Complex Media Inc. through a joint venture by Verizon and Hearst, creates and distributes original programming with premium distributors including Netflix, Hulu, Turner, Corus, Facebook, Snap, Fuse, Pluto TV, Roku, and more. Its content spans across the music to movies, sports to video games, fashion to food, and more. Complex Networks was formed in 2002 and is based in New York, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-29 |
Houston Community Newspapers & Media Group
Conroe, Texas, United States Houston Community Newspapers & Media Group is a media group serving more than 25 local communities surrounding Houston’s greater metropolitan area with a total weekly print distribution of more than 520,000 and a digital reach of over 4 million per month to suburban Houston’s most appealing residential and business markets. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 8.2B USD |
| Size | Mega |
| Type | Sector Focused |
Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $150 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 76 |
| Sector (Internet Software and Services) | 6 of 18 |
| Type (Add-on Acquisition) | 28 of 45 |
| State (Florida) | 2 of 3 |
| Country (United States) | 38 of 67 |
| Year (2016) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-01 |
Ancestry
Provo, Utah, United States Ancestry.com is a provider of family history and consumer genomics information, and helps people gain a new level of understanding about their lives. The Company's suite of history products include Archives, Fold3, Newspapers.com, AncestryDNA, and AncestryHealth. Ancestry.com was formed in 1990 and is based in Provo, Utah. |
Sell | $2.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-15 |
Astound
Princeton, New Jersey, United States Astound is a provider of broadband services delivering all-digital and high definition video, high-speed internet, and premium voice services to residential and small-medium business customers. Astound was founded in 1993 and is based in Princeton, New Jersey. |
Sell | $1.6B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 147 |
| Sector (Internet Software and Services) | 3 of 4 |
| Type (Add-on Acquisition) | 25 of 40 |
| State (Florida) | 3 of 3 |
| Country (United States) | 52 of 85 |
| Year (2016) | 8 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-12 |
Blue Coat Systems
Sunnyvale, California, United States Blue Coat is an enterprise security, providing on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches. Blue Coat is the global market leader in securing connection to the web and counts nearly 80 percent of the Global Fortune 500 as its customers. |
Sell | $4.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-15 |
Waystar
Louisville, Kentucky, United States Waystar provides cloud-based technology that simplifies and unifies the healthcare revenue cycle. The Waystar platform removes friction in payment processes, streamlines workflows, and improves financials for providers in every care setting. Waystar is based in Louisville, Kentucky. |
Buy | - |
