M&A Deal Summary

Modern Luxury Media Acquires Glocally

On July 12, 2022, Modern Luxury Media acquired marketing company Glocally

Acquisition Highlights
  • This is Modern Luxury Media’s 1st transaction in the Marketing sector.
  • This is Modern Luxury Media’s 2nd transaction in the United States.
  • This is Modern Luxury Media’s 1st transaction in California.

M&A Deal Summary

Date 2022-07-12
Target Glocally
Sector Marketing
Buyer(s) Modern Luxury Media
Deal Type Add-on Acquisition

Target

Glocally

El Segundo, California, United States
Glocally is a social media and marketing technology company that enables local and regional businesses to succeed across digital platforms. The company provides social media management, content development, and digital strategy and facilitates influencer collaborations with social media's top creators. Glocally is based in El Segundo, California.

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Buyer(S) 1

Buyer

Modern Luxury Media

Chicago, Illinois, United States

Category Company
Founded 1993
Sector Publishing
DESCRIPTION

Modern Luxury is a leading publisher of regional luxury lifestyle magazines. The Company currently publishes Chicago Social, Angeleno, Riviera , San Diego Riviera , Modern Luxury Dallas , Front Desk Chicago , Front Desk Los Angeles , and Bel Air magazines. The publications utilize a proprietary controlled circulation distribution system based on addresses and very high design and production values to attract luxury advertisers.


DEAL STATS #
Overall 2 of 2
Sector: Marketing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-17 GreenGale Publishing

Henderson, Nevada, United States

GreenGale Publishing LLC is a provider of news and information on entertainment, fashion, beauty and fitness. GreenGale Publishing LLC was founded in 1992 and is based in Henderson, Nevada.

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