Divestiture • Digital Media

Industry Dive Acquires Mobile Payments Today

On February 3, 2021, Industry Dive acquired digital media company Mobile Payments Today from Networld Media Group

Acquisition Context
  • This is Industry Dive’s 2nd transaction in the Digital Media sector.
  • This is Industry Dive’s 3rd transaction in the United States.
  • This is Industry Dive’s 1st transaction in Kentucky.

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M&A Deal Summary

Date February 3, 2021
Target Mobile Payments Today
Sector Digital Media
Buyer(s) Industry Dive
Sellers(s) Networld Media Group
Deal Type Divestiture

Target Company

Mobile Payments Today

Louisville, Kentucky, United States
Mobile Payments Today focuses on the application of mobile payments technology to industries such as banking, retail, restaurant, remittance, apps, online gaming, and mobile POS. Its content helps organizations realize the cost savings and operational benefits promised by mobile payments. The site also provides blogs, news, videos, white papers, webinars, supplier listings, research, product reviews, and event info.
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Buyer Overview 1

Buyer

Industry Dive

Washington, District of Columbia, United States

Category Company
Founded 2012
Sector Digital Media
DESCRIPTION

Industry Dive is a digital media company that publishes business news and original analysis for 2 million executives in 11 industries. Industry Dive provides premium business news, original analysis, and other information products and services to more than 7 million executives across 19 industry verticals ranging from banking and supply chain to retail and waste.


Deal Context for Buyer #
Overall 3 of 3
Sector: Digital Media 2 of 2
Type: Divestiture 3 of 3
State: Kentucky 1 of 1
Country: United States 3 of 3
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-16 CFO Media Group

New York, New York, United States

The CFO Media Group is a publisher of CFO Magazine, CFO.com, and CFO Research. CFO Media Group is a global voice in enterprise finance intelligence and cutting-edge, award-winning thought leadership targeted by the global community of Chief Financial Officers.

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Seller Profile 1

SELLER

Networld Media Group

Louisville, Kentucky, United States

Category Company
Founded 1995
Sector Publishing
DESCRIPTION

Networld Media Group LLC is the publisher of several news and information websites in various B2B industries.


Deal Context for Seller #
Overall 1 of 1
Sector: Digital Media 1 of 1
Type: Divestiture 1 of 1
State: Kentucky 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-31 Vending Times

Long Beach, New York, United States

Vending Times, Inc. is a media publisher in the self-service vending space. Vending Times website boasts more than 15,000 qualified, opt-in subscribers and provides original business, legal, legislative, and regulatory news on the entire vending industry. Content topics include refreshment vending, foodservice, mobile food and beverage, bulk confection and novelty vending. Vending Times was established in 1961 and is based in Long Beach, New York.

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