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  5. Readly International Acquires Toutabo

M&A Deal Summary

Readly International Acquires Toutabo

On October 6, 2021, Readly International acquired digital media company Toutabo for 8M EUR

Acquisition Highlights
  • This is Readly International’s 1st transaction in the Digital Media sector.
  • This is Readly International’s 0th largest (disclosed) transaction.
  • This is Readly International’s 1st transaction in France.
Investment Fate
  • Toutabo was divested to a consortium of strategic buyers in 2024.

M&A Deal Summary
Date 2021-10-06
Target Toutabo
Sector Digital Media
Buyer(s) Readly International
Deal Type Add-on Acquisition
Deal Value 8M EUR

Target

Toutabo

Paris, France
Toutabo is a subscription provider in France and owner of the digital provider ePresse. Toutabo is based in Paris, France.

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Buyer(S) 1

Buyer

Readly International

Stockholm, Sweden
Category Company
Founded 2012
Sector Digital Media
Employees90
Revenue 725M SEK (2024)
DESCRIPTION

Readly International is a digital subscription services for magazines providing “all-you-can-read” access to a portfolio of approximately 5,000 titles and approximately 130,000 issues from trusted publishers. Readly International was founded in 2012 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-18 Toutabo

Paris, France

Toutabo is a subscription provider in France and owner of the digital provider ePresse. Toutabo is based in Paris, France.

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