M&A Deal Summary |
|
|---|---|
| Date | 2004-05-06 |
| Target | ShopLocal |
| Sector | Marketing |
| Buyer(s) |
TEGNA
The McClatchy Co. Tribune Media Co. |
| Sellers(s) |
Argentum Capital Partners
Trident Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 75M USD |
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TEGNA is a diversified media company. The Company operates through two business segments, Media and Digital. The Media segment comprises of 46 television stations in 38 markets. The Digital segment consists of the Cars.com (formerly Classified Ventures LLC) and CareerBuilder businesses. TEGNA was founded in 1906 and is based in Tysons, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 26 |
| Sector: Marketing M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 5 of 16 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 7 of 26 |
| Year: 2004 M&A | 2 of 2 |
| Size (of disclosed) | 8 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-02 |
Captivate
New York City, Massachusetts, United States Captivate Network operates a digital out-of-home advertising network that installs video screens primarily in elevators and lobbies of office buildings, multifamily and student housing properties and delivers curated news, entertainment and advertising content to viewers where they live or work. Captivate was founded in 1997 and is based in New York City, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-31 |
HomeTown Communications Network
Livonia, Michigan, United States HomeTown Communications Network, Inc., a community publishing company with publications in Michigan, Ohio and Kentucky. The HomeTown Communications Network features one daily and 62 weekly and twice-weekly community newspapers, with an aggregate, audited circulation greater than 740,000. The network also includes 24 community telephone directories with a total distribution of nearly 1,500,000; one shopping guide; and other specialty and niche publications. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1860 |
| Sector | Publishing |
| Employees | 2,800 |
| Revenue | 710M USD (2019) |
The McClatchy Company is a news and information provider dedicated to the values of quality journalism, free expression and community service. McClatchy's operations include 29 daily newspapers, community newspapers, leading local websites, mobile news and advertising, niche publications, direct marketing and direct mail services. The McClatchy was founded in 1857 and is based in Sacramento, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Marketing M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 2 of 4 |
| Year: 2004 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-07-18 |
CareerBuilder
Chicago, Illinois, United States CareerBuilder provides comprehensive online recruiting products and services for job seekers and employers and has uniquely syndicated its trademarked technology and content to create a network of private-label career sites. CareerBuilder was founded in 1995 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-13 |
Knight-Ridder
San Jose, California, United States Knight-Ridder, Inc. is a media company, specializing in newspaper and Internet publishing. |
Buy | $4.5B |
| Category | Company |
|---|---|
| Founded | 1847 |
| Sector | Media |
| Employees | 8,000 |
| Revenue | 1.8B USD (2017) |
Tribune Media Co. is home to a diverse portfolio of television and digital properties driven by quality news, entertainment, and sports programming. Tribune Media is comprised of Tribune Media Broadcasting’s 42 owned or operated local television stations reaching approximately 50 million households, national entertainment cable network WGN America, whose reach is more than 77 million households, and a variety of digital applications and websites commanding 54 million monthly unique visitors online. Tribune Media also includes Chicago’s WGN-AM and the national multicast networks Antenna TV and THIS TV, and Covers Media Group, an unrivaled source of online sports betting information. Additionally, the Company owns and manages a significant number of real estate properties across the U.S. and holds a variety of investments, including a 31% interest in Television Food Network, G.P., which operates Food Network and Cooking Channel.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 7 |
| Sector: Marketing M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 4 |
| State: Illinois M&A | 2 of 3 |
| Country: United States M&A | 3 of 7 |
| Year: 2004 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-08-15 |
Jeppesen
Englewood, Colorado, United States Jeppesen provides a full range of print and electronic flight information services, including navigation data, computerized flight planning, aviation software products, aviation weather services, maintenance information, and pilot training systems and supplies. Jeppesen counts among its customer base the majority of airlines around the world and all US airlines. It also serves the large general aviation and business aviation markets. |
Sell | $1.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-07 |
WATL-TV Channel 36
Atlanta, United States WATL-TV Channel 36 provides broadcasting channels. |
Sell | $180M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Argentum Capital Partners is a private equity firm focused on investing in small to mid-sized companies with proven business models and the ability to become market leaders. Prospective transaction situations include growth capital financing, management buyouts, platform acquisitions, and recapitalization. The firm typically takes minority positions, except in the case of management buyouts. Industry sectors of interest include business services, healthcare, and technology. Argentum generally prefers opportunities located in the Eastern US, but will consider companies across the US. Argentum Capital Partners was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 47 |
| Sector: Marketing M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 9 of 32 |
| State: Illinois M&A | 2 of 4 |
| Country: United States M&A | 11 of 45 |
| Year: 2004 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-05-01 |
White Cap
Norcross, Georgia, United States White Cap is a distributor of specialty concrete and construction products. White Cap serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, residential and industrial applications. White Cap was formed in 1976 and is based in Norcross, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-05-19 |
Trustwave
Chicago, Illinois, United States Trustwave is a cybersecurity company that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats. The company's comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes its client’s cyber investment, and improves security resilience. It is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. Trustwave was formed in 1995 and is based in Chicago, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 1.9B USD |
| Size | Large |
| Type | Sector Focused |
Trident Capital was a venture capital firm focused on investments at all company stages, from early and expansion stage investments to buyouts and recapitalizations. Trident focused on investments in tech-enabled sectors, including enterprise software/services, outsourcing and payments, healthcare software/services, internet/consumer, and energy/clean tech. In 2015, Trident ceased investing and the Firm's employees split to form Sunstone Partners, a growth equity firm, and Trident Capital Cybersecurity, a venture firm focused on the cyber security sector.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 86 |
| Sector: Marketing M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 16 of 63 |
| State: Illinois M&A | 1 of 3 |
| Country: United States M&A | 19 of 81 |
| Year: 2004 M&A | 4 of 6 |
| Size (of disclosed) | 15 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-05 |
Derivatech Risk Solutions
Chicago, United States Derivatech is a provider of software solutions and services for the currency derivatives market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-06-14 |
Clarus Systems
Redwood City, California, United States Clarus Systems provides end-to-end service management for Enterprise Voice over IP (VoIP), Unified Communications, and TelePresence video. Clarus’s award-winning solution suite, ClarusIPC® Plus+, maximizes service performance and availability through automated testing, performance monitoring, configuration management, and business intelligence reporting. Clarus’s customers include Global 100 enterprises in financial services, healthcare, energy, communications, as well as system integrators, and managed service providers. |
Buy | - |
