M&A Deal Summary

Nordstar Capital Acquires Torstar

On May 26, 2020, Nordstar Capital acquired publishing company Torstar

Acquisition Highlights
  • This is Nordstar Capital’s 1st transaction in the Publishing sector.
  • This is Nordstar Capital’s 1st transaction in Canada.
  • This is Nordstar Capital’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-05-26
Target Torstar
Sector Publishing
Buyer(s) Nordstar Capital
Deal Type Add-on Acquisition
Advisor(s) Marckenz Group Capital Partners
Blair Franklin (Financial)
Blake, Cassels & Graydon (Legal)

Target

Torstar

Toronto, Ontario, Canada
Torstar Corp. is a broadly-based media company that publishes a daily newspaper, six regional daily newspapers in Ontario including The Hamilton Spectator, and more than 70 weekly community newspapers in Ontario; flyer distribution services: and digital properties including thestar.com (with local editions in Toronto, Vancouver, Calgary, Edmonton, Winnipeg, Ottawa, and Halifax), wheels.ca, toronto.com, save.ca, a number of regional online sites and eyeReturn Marketing. Torstar Corp. was established in 1892 and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Nordstar Capital

Toronto, Ontario, Canada
Category Company
Sector Business Services
DESCRIPTION

Nordstar Capital was formed by two civic-minded Canadians Jordan Bitove and Paul Rivett to invest in businesses from the media industry. Nordstar Capital is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
Mergr

Product

Company

Legal