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M&A Deal Summary

Literally Media Acquires MEL Magazine

On December 22, 2023, Literally Media acquired digital media company MEL Magazine

Acquisition Highlights
  • This is Literally Media’s 1st transaction in the Digital Media sector.
  • This is Literally Media’s 2nd transaction in Israel.

M&A Deal Summary
Date 2023-12-22
Target MEL Magazine
Sector Digital Media
Buyer(s) Literally Media
Deal Type Add-on Acquisition

Target

MEL Magazine

Hertzelia, Israel
MEL Magazine is a men’s lifestyle and culture magazine provider, based in Hertzelia, Israel.

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Buyer(S) 1

Buyer

Literally Media

United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Literally Media is manages a collection of highly successful humor and entertainment websites to create one of the world's largest content platforms for the Millennial and Generation Z audiences.

DEAL STATS #
Overall 2 of 2
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 Cheezburger

Israel

Cheezburger, Inc. is a site famous for its cat pictures overlayed with text, and transformed it into a blog network focused on humor with a company mission to "Make The World Happier for 5 Minutes a Day.

Buy -
Mergr

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