M&A Deal Summary |
|
|---|---|
| Date | 2017-07-10 |
| Target | OMNI Magazine |
| Sector | Publishing |
| Buyer(s) | Penthouse Global Media |
| Sellers(s) | Jerrick Ventures |
| Deal Type | Divestiture |
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Penthouse Global Media, Inc. is a publisher of an adult entertainment and a premiere lifestyle brand, PENTHOUSE has positioned itself as a cutting-edge, trendsetter in the industry. As an international, multimedia entertainment company, Penthouse continues to redefine and expand its iconic appeal and its remarkable place in history.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Publishing) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
Jerrick Ventures LLC is a technology group focused on the development of digital communities, marketing branded digital content, and e-commerce opportunities. Core to Jerrick's unique capabilities is Vocal, a proprietary technology and content distribution platform, programmed to deliver a robust long-form, digital publishing platform organized into highly engaged niche-communities capable of hosting all forms of rich media content. Vocal maximizes scalability, speed, simplicity, and adaptability to create an unparalleled user experience - algorithmically designed to bridge media-rich long-form creative content with effective monetization.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Publishing) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
