M&A Deal Summary

The Arena Group Acquires TheStreet

On June 12, 2019, The Arena Group acquired information services company TheStreet for 17M USD

Acquisition Highlights
  • This is The Arena Group’s 1st transaction in the Information Services sector.
  • This is The Arena Group’s largest (disclosed) transaction.
  • This is The Arena Group’s 3rd transaction in the United States.
  • This is The Arena Group’s 1st transaction in New York.

M&A Deal Summary
Date 2019-06-12
Target TheStreet
Sector Information Services
Buyer(s) The Arena Group
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

TheStreet

New York, New York, United States
TheStreet, Inc. is a digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, Chat on TheStreet, and MainStreet. TheStreet, Inc. was formed in 1996 and is headquartered in New York City.

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Buyer(S) 1

Buyer

The Arena Group

New York, New York, United States
Category Company
Founded 1990
Sector Publishing
Employees441
Revenue 244M USD (2023)
DESCRIPTION

The Arena Group is a network of professionally-managed online media channels and interest groups. Maven enables partners to focus on the key drivers of their business: creating, informing, sharing, discovering, leading and interacting with the communities and constituencies they serve. The Arena Group was founded in 1990 and is based in New York City.

DEAL STATS #
Overall 3 of 7
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 3 of 7
State (New York) 1 of 2
Country (United States) 3 of 7
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-06 SAY Media

San Francisco, California, United States

SAY Media, Inc. is a provider of media services to independent content creators. It specializes in social publishing, distribution, and digital marketing. SAY Media is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-19 LiftIgniter

San Bruno, California, United States

Petametrics, Inc. provides on-site and in-app content recommendations across hundreds of leading digital properties worldwide, including data from more than 100 million users. Petametrics was established in 2014 and is based in San Bruno, California.

Buy -
Mergr

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