M&A Deal Summary

Seven West Media Acquires Prime Media

On November 1, 2021, Seven West Media acquired media company Prime Media for 122M USD

Acquisition Highlights
  • This is Seven West Media’s 1st transaction in the Media sector.
  • This is Seven West Media’s largest (disclosed) transaction.
  • This is Seven West Media’s 1st transaction in Australia.

M&A Deal Summary

Date 2021-11-01
Target Prime Media
Sector Media
Buyer(s) Seven West Media
Deal Type Add-on Acquisition
Deal Value 122M USD
Advisor(s) Allens (Legal)

Target

Prime Media

Watson, Australia
Prime Media operates in the media industry, Company provides commercial television broadcasting services. Prime Media was founded in 1970 and is based in Watson, Australia.

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Buyer(S) 1

Buyer

Seven West Media

Sydney, Australia

Category Company
Founded 1991
Sector Media
Employees5,119
Revenue 1.4B AUD (2024)
DESCRIPTION

Seven West Media is a media company with diversified presence in broadcast television, radio, newspaper publishing, magazine publishing and online. Seven West Media was founded in 1991 and is based in Perth, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1