M&A Deal Summary

Valnet Acquires DualShockers

On June 8, 2022, Valnet acquired digital media company DualShockers from GRV Media

Acquisition Highlights
  • This is Valnet’s 6th transaction in the Digital Media sector.
  • This is Valnet’s 1st transaction in Canada.
  • This is Valnet’s 1st transaction in Quebec.

M&A Deal Summary

Date 2022-06-08
Target DualShockers
Sector Digital Media
Buyer(s) Valnet
Sellers(s) GRV Media
Deal Type Divestiture

Target

DualShockers

Saint Laurent, Quebec, Canada
DualShockers is a digital gaming publication revered by the gaming community, with millions of readers visiting the site monthly for gaming news, reviews, guides, and previews. DualShockers was formed in 2009 and is based in Saint Laurent, Quebec.

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Buyer(S) 1

Buyer

Valnet

Saint Laurent, Quebec, Canada

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Valnet, Inc. is an online media publisher.


DEAL STATS #
Overall 10 of 14
Sector: Digital Media M&A 6 of 9
Type: Divestiture M&A Deals 2 of 2
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 TopSpeed

London, United Kingdom

TopSpeed is a digital automotive publication over news and trends within the automotive industry by publishing daily articles, spy shots, and thorough buyer guides and reviews. TopSpeed was founded in 2003 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 Pocket-lint

Ascot, United Kingdom

Pocket-lint is a digital tech publication company. Pocket-lint started with a small team of professional journalists and has since expanded its coverage to include news, reviews, opinions and guides on all things consumer tech. Pocket-lint was founded in 2003 and is based in Ascot, United Kingdom.

Buy -

Seller(S) 1

SELLER

GRV Media

Widnes, United Kingdom

Category Company
Founded 2002
Sector Publishing
DESCRIPTION

GRV Media is a UK publisher with a select network of over 70 sites focused mainly on sport, PC gaming, and entertainment. The company's network includes brands such as HITC, DualShockers, The Boot Room, Reality Titbit, Freshered, Rousing the Kop, Rangers News, and 67 Hail Hail. GRV Media was formed in 2002 and is based in Widnes, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1