Add-on Acquisition • Media

JPIMedia Acquires Johnston Press

On November 18, 2018, JPIMedia acquired media company Johnston Press

Acquisition Context
  • This is JPIMedia’s 1st transaction in the Media sector.
  • This is JPIMedia’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date November 18, 2018
Target Johnston Press
Sector Media
Buyer(s) JPIMedia
Deal Type Add-on Acquisition

Target Company

Johnston Press

Edinburgh, United Kingdom
Johnston Press is a multimedia company operating around 200 newspapers and associated websites around the United Kingdom and the Isle of Man. The company's flagship titles included UK-national newspaper the i, The Scotsman, the Yorkshire Post, the Falkirk Herald, and Belfast's The News Letter. Johnston Press was formed in 1767 and is based in Edinburgh, United Kingdom.
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Buyer Overview 1

Buyer

JPIMedia

London, United Kingdom

Category Company
Founded 2018
Sector Media
DESCRIPTION

JPIMedia Ltd. is a multimedia company operating newspapers and associated websites around the United Kingdom and the Isle of Man. The company's flagship titles included UK-national newspaper the i, The Scotsman, the Yorkshire Post, the Falkirk Herald, and Belfast's The News Letter. JPIMedia was formed in 2018 and is based in Edinburgh, United Kingdom.


Deal Context for Buyer #
Overall 1 of 1
Sector: Media 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-29 i

United Kingdom

i (newspaper) provides national newspapers and website.

Sell £50M