M&A Deal Summary

HomeShop18 Acquires STAR CJ

On September 27, 2017, HomeShop18 acquired media company STAR CJ from Providence Equity Partners and CJ O Shopping

Acquisition Highlights
  • This is HomeShop18’s 1st transaction in the Media sector.
  • This is HomeShop18’s 1st transaction in India.

M&A Deal Summary

Date 2017-09-27
Target STAR CJ
Sector Media
Buyer(s) HomeShop18
Sellers(s) Providence Equity Partners
CJ O Shopping
Deal Type Add-on Acquisition

Target

STAR CJ

Mumbai, India
STAR CJ is an online shopping site, encompasses more than 100 top brands selling spanning a multiple product categories. STAR CJ was founded in 2008 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

HomeShop18

Noida, India

Category Company
Founded 2008
Sector E-Commerce
DESCRIPTION

HomeShop18 is an Indian online and on-air shopping channel. HomeShop18 was founded in 2008 and is based in Noida, India.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 2

SELLER

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.


DEAL STATS #
Overall 66 of 102
Sector: Media M&A 18 of 23
Type: Add-on Acquisition M&A Deals 31 of 41
Country: India M&A 3 of 5
Year: 2017 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-19 Smartly.io

Helsinki, Finland

Smartly.io is a digital advertising solution that helps major advertisers create, launch and iterate brand and performance advertising. Smartly.io was founded in 2013 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 Vistage

San Diego, California, United States

Vistage is a forum for business leaders to share their issues and experiences to help each other generate better decisions and results for their companies. Vistage was founded in 1957 and is based in San Diego, California.

Buy -
SELLER

CJ O Shopping

Seoul, South Korea

Category Company
Founded 1995
Sector Marketing
Revenue 2.31T KRW (2015)
DESCRIPTION

CJ O Shopping operates as a general online retail marketing and distribution company in South Korea. It provides TV shopping, Internet shopping, and catalogue services. CJ O Shopping was formed in 1995 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-04 STAR CJ

Mumbai, India

STAR CJ is an online shopping site, encompasses more than 100 top brands selling spanning a multiple product categories. STAR CJ was founded in 2008 and is based in Mumbai, India.

Buy -