M&A Deal Summary

Static Media Acquires Food Republic

On May 24, 2023, Static Media acquired digital media company Food Republic from Zero Point Zero

Acquisition Highlights
  • This is Static Media’s 2nd transaction in the Digital Media sector.
  • This is Static Media’s 2nd transaction in the United States.

M&A Deal Summary

Date 2023-05-24
Target Food Republic
Sector Digital Media
Buyer(s) Static Media
Sellers(s) Zero Point Zero
Deal Type Divestiture

Target

Food Republic

United States
Food Republic is a one-stop shop for anyone who loves food and cooking. The brand offers approachable recipes, useful cooking tips, dining advice, drink recommendations, and the latest news from the food industry. It caters to all levels of expertise, ensuring that seasoned home cooks find as much helpful content as those donning an apron for the first time.

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Buyer(S) 1

Buyer

Static Media

New York, New York, United States

Category Company
Founded 2012
Sector Digital Media
DESCRIPTION

Static Media owns and operates a portfolio of unique and passion-driven digital media brands providing content in food, lifestyle as well as media and entertainment. Static Media was founded in 2012 and is based in New York City.


DEAL STATS #
Overall 2 of 7
Sector: Digital Media M&A 2 of 5
Type: Divestiture M&A Deals 1 of 4
Country: United States M&A 2 of 6
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Women.com

Manhattan Beach, California, United States

Women.com provides a refreshing and engaging platform for lifestyle content that sparks meaningful conversations. The brand focuses on presenting comprehensive analysis of a variety of topics, ranging from legal matters concerning reproductive rights to more lighthearted subjects, such as current relationship trends and practical guides for choosing sustainable skincare products. Women.com was founded in 1995 and is based in Manhattan Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-26 Takeout

Chicago, Illinois, United States

Takeout is an operator of a digital platform for obsessive food lovers to serve food aficionados. Takeout was founded in 2016 and is based in Chicago, Illinois.

Buy -

Seller(S) 1

SELLER

Zero Point Zero

New York, New York, United States

Category Company
Founded 2003
Sector Media
DESCRIPTION

Zero Point Zero is a production company. The portfolio spans television, documentary film, digital, and print, including the globally recognized series Anthony Bourdain: Parts Unknown. Dedicated to exploring boundaries and challenging audiences, Zero Point Zero produces compelling content that resonates with viewers and addresses pressing issues, demonstrating a commitment to truth and immersive storytelling. Zero Point Zero was founded in 2003 and is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-12 Food Republic

United States

Food Republic is a one-stop shop for anyone who loves food and cooking. The brand offers approachable recipes, useful cooking tips, dining advice, drink recommendations, and the latest news from the food industry. It caters to all levels of expertise, ensuring that seasoned home cooks find as much helpful content as those donning an apron for the first time.

Buy -