M&A Deal Summary

iHeartMedia Acquires Radiojar Information Technology S.A.

On February 26, 2019, iHeartMedia acquired internet software and services company Radiojar Information Technology S.A.

Acquisition Highlights
  • This is iHeartMedia’s 2nd transaction in the Internet Software and Services sector.
  • This is iHeartMedia’s 1st transaction in Greece.

M&A Deal Summary

Date 2019-02-26
Target Radiojar Information Technology S.A.
Sector Internet Software and Services
Buyer(s) iHeartMedia
Deal Type Add-on Acquisition

Target

Radiojar Information Technology S.A.

Athens, Greece
Radiojar Information Technology S.A. is a cloud-based audio playout platform. Radiojar Information Technology was founded in 2011 and is based in Athens, Greece.

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Buyer(S) 1

Buyer

iHeartMedia

San Antonio, Texas, United States

Category Company
Sector Media
Employees8,080
Revenue 3.9B USD (2024)
DESCRIPTION

iHeartMedia is a diversified media and entertainment company with three reportable business segments: iHeartMedia, Americas outdoor advertising, and International outdoor advertising. iHeartMedia is based in San Antonio, Texas.


DEAL STATS #
Overall 7 of 9
Sector: Internet Software and Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 7 of 8
Country: Greece M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Jelli

San Mateo, California, United States

Jelli, Inc. is a technology platform for the radio market. Jelli mission is to create the easiest and fastest way to buy and run audio advertising. In order to achieve this, Jelli developed a cloud-based ad platform that enables advertisers and publishers to buy and sell audio advertising programmatically. Jelli, Inc. was founded in 2009 and is based in San Mateo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 Clear Channel Outdoor

San Antonio, Texas, United States

Clear Channel Outdoor is a large outdoor advertising company with a diverse portfolio of 450,000 print and digital displays in 31 countries across Asia, Europe, Latin America and North America, reaching millions of people monthly. Clear Channel Outdoor was incorporated in 1901 and is based in San Antonio, Texas.

Sell -