M&A Deal Summary |
|
|---|---|
| Date | 2018-12-18 |
| Target | Drive |
| Sector | Digital Media |
| Buyer(s) | North Equity |
| Sellers(s) | Meredith |
| Deal Type | Divestiture |
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North Equity is a venture equity firm focused on acquiring and investing in companies from the technology, data, and digital media industry. North Equity was formed in 2018 and is headquartered in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Digital Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
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 | 6 of 10 |
| Sector: Digital Media M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 5 of 9 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 5 of 9 |
| Year: 2018 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-09 |
Meredith - FORTUNE Media Brand
Des Moines, Iowa, United States Meredith Corp. - FORTUNE Media Brand is a provider of media services in the United States. |
Sell | $150M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-27 |
Meredith - Sports Illustrated
Des Moines, Iowa, United States Meredith Corp. - Sports Illustrated is a cultural centerpiece with massive opportunities for growth across its burgeoning digital, TV and social platforms and industry-leading print magazine. Sports Illustrated’s trusted name and fiercely devoted following set the stage for the brand to become a leader in lifestyle and entertainment. |
Sell | $110M |
