M&A Deal Summary

Shipyard Acquires Fahlgren Mortine

On May 14, 2024, Shipyard acquired digital media company Fahlgren Mortine from Eastport Holdings

Acquisition Highlights
  • This is Shipyard’s 2nd transaction in the Digital Media sector.
  • This is Shipyard’s 5th transaction in the United States.
  • This is Shipyard’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2024-05-14
Target Fahlgren Mortine
Sector Digital Media
Buyer(s) Shipyard
Sellers(s) Eastport Holdings
Deal Type Divestiture

Target

Fahlgren Mortine

Columbus, Ohio, United States
Fahlgren Mortine offers clients a full range of social media, digital, advertising, PR, research, branding, and design services to build brands, influence public opinion, and enhance reputation. Fahlgren Mortine is based in Columbus, Ohio.

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Buyer(S) 1

Buyer

Shipyard

Columbus, Ohio, United States

Category Company
Sector Marketing
DESCRIPTION

Shipyard is an integrated marketing agency that combines data science with integrated media, creative, and analytical processes. The company discovers and engages all relevant audience segments via omnichannel marketing campaigns, driving marketing outcomes and accelerating brand growth. It has developed vertical expertise across highly attractive verticals, including travel & tourism, financial & professional services, energy & sustainability, and consumer packaged goods/retail, with significant runway and ongoing initiatives to further penetrate each. Shipyard is based in Columbus, Ohio.


DEAL STATS #
Overall 5 of 5
Sector (Digital Media) 2 of 2
Type (Divestiture) 1 of 1
State (Ohio) 2 of 2
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-14 TOMORRO

New York, New York, United States

TOMORRO LLC is a virtual holding company that operates as a consultancy working directly with advertisers to solve their biggest pain points and setting up unbiased solutions to implement anywhere in the world.

Buy -

Seller(S) 1

SELLER

Eastport Holdings

Memphis, Tennessee, United States

Category Company
Sector Marketing
DESCRIPTION

Eastport Holdings is a consolidator of media and advertising businesses throughout North America. Eastport Holdings is based in Memphis, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-06 Fahlgren Mortine

Columbus, Ohio, United States

Fahlgren Mortine offers clients a full range of social media, digital, advertising, PR, research, branding, and design services to build brands, influence public opinion, and enhance reputation. Fahlgren Mortine is based in Columbus, Ohio.

Buy -