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  6. Townsquare Media Acquires WE Fest

M&A Deal Summary

Townsquare Media Acquires WE Fest

On November 3, 2014, Townsquare Media acquired media company WE Fest

Acquisition Highlights
  • This is Townsquare Media’s 3rd transaction in the Media sector.
  • This is Townsquare Media’s 6th transaction in the United States.
  • This is Townsquare Media’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2014-11-03
Target WE Fest
Sector Media
Buyer(s) Townsquare Media
Deal Type Add-on Acquisition

Target

WE Fest

Detroit Lakes, Minnesota, United States
WE Fest, Inc. is an organizer of concerts and music festivals.

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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 6 of 8
Sector: Media M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 4
State: Minnesota M&A 1 of 1
Country: United States M&A 6 of 8
Year: 2014 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 THE XXL NETWORK

New York, New York, United States

THE XXL NETWORK is a publisher of magazines on Hip-Hop news and musics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 North American Midway Entertainment

Farmland, Indiana, United States

North American Midway Entertainment LLC is a provider of entertainment services includes rides, games and food concessions.

Buy $76M
Mergr

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