M&A Deal Summary

ZMC Acquires Second City

On February 18, 2021, private equity firm ZMC acquired media company Second City

Acquisition Highlights
  • This is ZMC’s 6th transaction in the Media sector.
  • This is ZMC’s 15th transaction in the United States.
  • This is ZMC’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-02-18
Target Second City
Sector Media
Buyer(s) ZMC
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Houlihan Lokey (Financial)
Mayer Brown (Legal)

Target

Second City

Chicago, Illinois, United States
Second City is a premier comedy brand, focused on entertaining, inspiring, and transforming through courageous comedy. Second City was founded in 1959 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer
DESCRIPTION

Zelnick Media Capital (ZMC) is a private equity firm focused on the media and communications sectors. ZMC looks to partner with management teams when pursuing transactions and will consider a variety of transaction situations, including growth-oriented investments and companies in need of operational improvement. Zelnick Media Capital was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 16 of 21
Sector: Media M&A 6 of 6
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 4
State: Illinois M&A 1 of 2
Country: United States M&A 15 of 20
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Simeio

Alpharetta, Georgia, United States

Simeio is a provider of IAM solutions to enterprises, delivering its unique Identity-as-a-Service solution through its proprietary Identity Orchestrator technology platform and its global, multi-site Identity Intelligence Center. Simeio is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-18 CommentSold

Huntsville, Alabama, United States

CommentSold is a provider of multi-channel social commerce technology and managed services to boutique online retailers. The Company provides a variety of commerce enablement services including order intake, payment, fulfillment, live selling tools, and analytics which is delivered through a proprietary SaaS platform, allowing customers to sell on social platforms and mobile apps. CommentSold was founded in 2017 and is based in Huntsville, Alabama.

Sell -