M&A Deal Summary

Townsquare Media Acquires THE XXL NETWORK

On September 22, 2014, Townsquare Media acquired publishing company THE XXL NETWORK from Harris Publications

Acquisition Highlights
  • This is Townsquare Media’s 1st transaction in the Publishing sector.
  • This is Townsquare Media’s 5th transaction in the United States.
  • This is Townsquare Media’s 3rd transaction in New York.

M&A Deal Summary

Date 2014-09-22
Target THE XXL NETWORK
Sector Publishing
Buyer(s) Townsquare Media
Sellers(s) Harris Publications
Deal Type Divestiture

Target

THE XXL NETWORK

New York, New York, United States
THE XXL NETWORK is a publisher of magazines on Hip-Hop news and musics.

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Buyer(S) 1

Buyer

Townsquare Media

Greenwich, Connecticut, United States

Category Company
Founded 1996
Sector Media
Employees2,680
DESCRIPTION

Townsquare Media, Inc., a media, entertainment, and digital marketing services company, owns and operates radio, digital, and live event properties.


DEAL STATS #
Overall 5 of 8
Sector: Publishing M&A 1 of 1
Type: Divestiture M&A Deals 3 of 4
State: New York M&A 3 of 3
Country: United States M&A 5 of 8
Year: 2014 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 KING

New York, New York, United States

KING is an online magazine publisher.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 WE Fest

Detroit Lakes, Minnesota, United States

WE Fest, Inc. is an organizer of concerts and music festivals.

Buy -

Seller(S) 1

SELLER

Harris Publications

New York, New York, United States

Category Company
Founded 1985
Sector Publishing
DESCRIPTION

Harris Publications, Inc. is a magazine publisher. Harris Publications produces magazines that educate, entertain, inform and inspire.


DEAL STATS #
Overall 3 of 3
Sector: Publishing M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
State: New York M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2014 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 KING

New York, New York, United States

KING is an online magazine publisher.

Sell -