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  6. Hospitality Network Acquires iPorta

M&A Deal Summary

Hospitality Network Acquires iPorta

On May 25, 2016, Hospitality Network acquired media company iPorta

Acquisition Highlights
  • This is Hospitality Network’s 1st transaction in the Media sector.
  • This is Hospitality Network’s 1st transaction in Canada.
  • This is Hospitality Network’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-05-25
Target iPorta
Sector Media
Buyer(s) Hospitality Network
Deal Type Add-on Acquisition

Target

iPorta

Toronto, Ontario, Canada
iPorta is a healthcare media company that provides interactive patient experiences across Canada. iPorta's solution educates and entertains waiting patients in clinics and hospitals, while strengthening hospital-patient communication through location and condition specific content.

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Buyer(S) 1

Buyer

Hospitality Network

Regina, Saskatchewan, Canada
Category Company
Founded 1967
Sector Communications
DESCRIPTION

Hospitality Network is a provider of entertainment and communication services in the Canadian healthcare market. Hospitality Network has also created a unique niche in the seniors care home market becoming a provider of managed TV programming and telephone services. Hospitality Network is based in Regina, Saskatchewan.

DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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