M&A Deal Summary

Media Central Acquires The Georgia Straight

On March 2, 2020, Media Central acquired publishing company The Georgia Straight

Acquisition Highlights
  • This is Media Central’s 2nd transaction in the Publishing sector.
  • This is Media Central’s 2nd transaction in Canada.
  • This is Media Central’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2020-03-02
Target The Georgia Straight
Sector Publishing
Buyer(s) Media Central
Deal Type Add-on Acquisition

Target

The Georgia Straight

Vancouver, British Columbia, Canada
The Georgia Straight Canada's Largest Urban Weekly publication. Georgia Straight delivers an award-winning editorial package of features, articles, and reviews. Regular weekly coverage includes news, tech, arts, music, fashion, travel, health, cannabis, and food, plus Vancouver's most comprehensive listings of entertainment activities and special events.

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Buyer(S) 1

Buyer

Media Central

Toronto, Ontario, Canada

Category Company
Sector Media
Employees31
Revenue 2M CAD (2020)
DESCRIPTION

Media Central is an independent and alternative media company. Media Central is based in Toronto, Ontario.


DEAL STATS #
Overall 2 of 4
Sector (Publishing) 2 of 3
Type (Add-on Acquisition) 1 of 3
State (British Columbia) 1 of 1
Country (Canada) 2 of 4
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-02 NOW Magazine

Toronto, Ontario, Canada

NOW Magazine is a provider of a weekly news publication.

Buy CA$2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-02 Varipay

Toronto, Ontario, Canada

Varipay is a digital payment processing company with established clients in industries such as Pharmaceuticals, Nutraceuticals, Cannabis and CBD, Healthcare, and Media. Varipay currently offers e-commerce integration, POS retail processing, and virtual terminals to its merchants.

Buy -