M&A Deal Summary

Minute Media Acquires FanSided

On January 24, 2020, Minute Media acquired digital media company FanSided from Meredith

Acquisition Highlights
  • This is Minute Media’s 3rd transaction in the Digital Media sector.
  • This is Minute Media’s 3rd transaction in the United States.
  • This is Minute Media’s 1st transaction in Montana.

M&A Deal Summary

Date 2020-01-24
Target FanSided
Sector Digital Media
Buyer(s) Minute Media
Sellers(s) Meredith
Deal Type Divestiture

Target

FanSided

Nixa, Montana, United States
FanSided LLC is a sport, entertainment and lifestyle network of more than 300 websites with thriving communities. FanSided was founded in 2009 and is based in Nixa, Montana.

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Buyer(S) 1

Buyer

Minute Media

New York, New York, United States

Category Company
Founded 2011
Sector Digital Media
DESCRIPTION

Minute Media is a media and technology company, powered by authentic and socially driven content created by the fans, for the fans. Minute Media was founded in 2011 and is based in New York city.


DEAL STATS #
Overall 3 of 6
Sector: Digital Media M&A 3 of 5
Type: Divestiture M&A Deals 2 of 2
State: Montana M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-15 The Big Lead

New York, New York, United States

The Big Lead operates as a sports blog. The Big Lead develops custom digital sports marketing programs. The Big Lead was founded in 2006 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 Wazimo

Tel Aviv, Israel

Wazimo is a privately held technology and content company that specializes in growing and monetizing audiences at scale through an automated data-driven approach. Wazimo was formed in 2015 and is based in Tel Aviv, Israel.

Buy -

Seller(S) 1

SELLER

Meredith

Des Moines, Iowa, United States

Category Company
Founded 1902
Sector Media
Employees5,290
Revenue 2.8B USD (2020)
DESCRIPTION
Meredith's corporate headquarters in downtown Des Moines, Iowa.
Meredith's corporate headquarters in downtown Des Moines, Iowa.

Meredith is a media and marketing company spanning broadcast television, print, and digital. Meredith is a leader in creating content across media platforms in key consumer interest areas such as food, home, parenthood and health through well-known brands such as Better Homes and Gardens, Parents and Allrecipes. Meredith was formed in 1902 and is based in Des Moines, Iowa.


DEAL STATS #
Overall 9 of 10
Sector: Digital Media M&A 3 of 3
Type: Divestiture M&A Deals 8 of 9
State: Montana M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-09 SwearBy

Brooklyn, New York, United States

SwearBy is a digital platform for word of mouth recommendations designed to crowdsource and share products that women "swear by" based on their personal experiences.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 Meredith - Local Media Group

Des Moines, Iowa, United States

Meredith's Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis, and Portland, and 13 stations in the Top 50.

Sell $2.8B