M&A Deal Summary |
|
|---|---|
| Date | 2012-07-19 |
| Target | Newport Television |
| Sector | Media |
| Buyer(s) |
Nexstar Media Group
Sinclair Broadcast Group Cox Media Group |
| Sellers(s) | Providence Equity Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Moelis & Co. (Financial) Weil Gotshal & Manges Covington & Burling (Legal) |
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| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Media |
| Employees | 11,877 |
| Revenue | 4.9B USD (2023) |
Nexstar Media Group is a media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 170 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar Media Group was founded in 1996 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 12 |
| Sector (Media) | 1 of 7 |
| Type (Add-on Acquisition) | 1 of 8 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 1 of 12 |
| Year (2012) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-19 |
Enterprise Technology Group
Torrance, California, United States Enterprise Technology Group is a provider of cloud-based content management, engagement and monetization solutions. Enterprise Technology Group is based in Torrance, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Media |
| Employees | 7,300 |
| Revenue | 3.1B USD (2023) |
Sinclair Broadcast Group is a television broadcasting company, owns or provides programming, operating, or sales services to television stations in the United States. Sinclair Broadcast Group was founded in 1986 and is based in Hunt Valley, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 11 |
| Sector (Media) | 3 of 8 |
| Type (Add-on Acquisition) | 3 of 8 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 4 of 11 |
| Year (2012) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-02 |
Freedom Communications - Broadcast Properties
United States Freedom Communications - Broadcast Properties is a provider of communication services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-18 |
Dielectric
Raymond, Michigan, United States Dielectric is the manufacturer of broadcast television, radio and wireless antennas, transmission lines, and RF systems. |
Buy | $5M |
| Category | Company |
|---|---|
| Sector | Media |
| Revenue | 1.8B USD (2013) |
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of CoxReps. CMG provides valuable local content to viewers in the communities in which it serves. Cox Media operations primarily include 33 high-quality, market-leading television stations in 20 markets, 54 radio stations in 10 markets and numerous over-the-top (OTT) and digital platforms. Cox Media Group's portfolio includes primary affiliates of ABC, CBS, FOX, NBC, and MyNetworkTV, as well as several valuable independent stations. Additionally, the company also offers a full suite of local and regional advertising services with Local Solutions. Cox Media Group is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Media) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2012) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-02-10 |
Marlin Broadcasting
Hartford, Connecticut, United States Marlin Broadcasting is a radio broadcasting company with stations in Miami, FL, Hartford, CT, and the North Shore of Boston. |
Buy | $125M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
Valpak
Petersburg, Florida, United States Valpak is a direct marketing service provider. The Business reaches more than 100 million consumers primarily through Valpak "Blue Envelope" household mailers and its digital offering Valpak.com, as well as Savings.com an online provider of digital coupons and promotional codes. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 100 |
| Sector (Media) | 11 of 23 |
| Type (Add-on Acquisition) | 16 of 40 |
| State (Missouri) | 2 of 2 |
| Country (United States) | 21 of 68 |
| Year (2012) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-16 |
Decision Resources
Burlington, Massachusetts, United States Decision Resources LLC is a provider of research publications, advisory services, and consulting services to help clients shape strategy, allocate resources, and master their chosen markets. Decision Resources was formed in 1990 and is based in Burlington, Massachusetts. |
Sell | $635M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-09 |
PADI
Rancho Santa Margarita, California, United States PADI (Professional Association of Diving Instructors) is a scuba diving certification, training and publishing company, serving diving instructors, retailers and individual scuba divers. PADI was founded in 1966 and is based in Rancho Santa Margarita, California. |
Buy | - |
