M&A Deal Summary

Jewelry Television Acquires Shop At Home Television Network

On June 21, 2006, Jewelry Television acquired internet software and services company Shop At Home Television Network from Scripps for 17M USD

Acquisition Highlights
  • This is Jewelry Television’s 1st transaction in the Internet Software and Services sector.
  • This is Jewelry Television’s largest (disclosed) transaction.
  • This is Jewelry Television’s 1st transaction in the United States.
  • This is Jewelry Television’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2006-06-21
Target Shop At Home Television Network
Sector Internet Software and Services
Buyer(s) Jewelry Television
Sellers(s) Scripps
Deal Type Divestiture
Deal Value 17M USD

Target

Shop At Home Television Network

Burnsville,, Minnesota, United States
Shop At Home Network, LLC provides old and new coins and precious metals, utility knives, watches, and sports memorabilia online.

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Buyer(S) 1

Buyer

Jewelry Television

Knoxville,, Tennessee, United States

Category Company
Founded 1993
Sector Internet Software and Services
DESCRIPTION

Jewelry Television is an online shopping destination. Jewelry Television has been to open the world of fine jewelry and gemstones to everyone. As the retailer of loose gemstones and one of the top 4 electronic jewelry retailers in the United States.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Scripps

Cincinnati, Ohio, United States

Category Company
Founded 1878
Sector Media
Employees5,200
Revenue 2.3B USD (2023)
DESCRIPTION

Scripps is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet. Scripps was founded in 1878 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 11
Sector (Internet Software and Services) 1 of 4
Type (Divestiture) 1 of 10
State (Minnesota) 1 of 1
Country (United States) 1 of 10
Year (2006) 1 of 1
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-16 RVU

London, United Kingdom

RVU empowers people to make confident decisions with its unique set of brands, the excitement of a startup, and the strength of well-established, trusted household names. Uswitch.com is a comparison website for home services switching, helping consumers save money on their gas, electricity, broadband, TV, and phone. Confused.com is an insurance comparison platform that pioneering the way consumers make choices about financial services. Money.co.uk is a comparison website for financial services. Consumers can compare loans, credit cards, bank accounts, and insurance from more than 600 providers. Rastreator and LeLynx.fr are online comparison platforms in Spain and France respectively, helping consumers compare a range of financial services and home services products. Mojo Mortgages brings together smart tech and the best human mortgage experts to empower more consumers to access personalized mortgage recommendations. The company has the power to reach millions of consumers around the world, solving everyday complex problems through outstanding experiences. RVU was formed in 2000 and is based in London.

Buy $366M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-01 Scripps Networks Interactive

Knoxville, Tennessee, United States

Scripps Networks Interactive, Inc. is a developer of lifestyle oriented content for many media platforms including television, digital, mobile and publishing. Its portfolio of lifestyle brands include HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel and Great American Country. Scripps was founded in 2008 and is based in Knoxville, Tennessee.

Sell -