M&A Deal Summary

ZoomerMedia Acquires Peak Media Collective

On June 8, 2023, ZoomerMedia acquired media company Peak Media Collective for 5M USD

Acquisition Highlights
  • This is ZoomerMedia’s 2nd transaction in the Media sector.
  • This is ZoomerMedia’s 3rd largest (disclosed) transaction.
  • This is ZoomerMedia’s 3rd transaction in Canada.
  • This is ZoomerMedia’s 3rd transaction in Ontario.

M&A Deal Summary

Date 2023-06-08
Target Peak Media Collective
Sector Media
Buyer(s) ZoomerMedia
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Peak Media Collective

Toronto, Ontario, Canada
Peak Media Collective serves busy Canadian professionals and business leaders with the top global business, finance, and tech stories of the day packaged in a smart, fast, and easily digestible format. Peak Media Collective was founded in 2020 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

ZoomerMedia

Toronto, Ontario, Canada

Category Company
Sector Media
DESCRIPTION

ZoomerMedia Ltd. is a multimedia company that serves the 45plus “Zoomer” demographic through television, radio, magazine, internet and trade shows. ZoomerMedia’s television properties include; Vision TV, Canada’s only multi-faith specialty television service; ONE: Get Fit, offering programs on exercise, meditation, yoga, natural health and living a planet-friendly lifestyle; JoyTV in Vancouver, Victoria, Surrey and the Fraser Valley, and HOPETV, a lifestyle television service out of Winnipeg devoted to broadcasting Christian programming and is available in approximately 6 million Canadian homes.


DEAL STATS #
Overall 3 of 6
Sector (Media) 2 of 2
Type (Add-on Acquisition) 3 of 5
State (Ontario) 3 of 6
Country (Canada) 3 of 6
Year (2023) 1 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 blogTO

Toronto, Ontario, Canada

blogTO is a digital source for local Toronto news, culture, restaurant reviews, event listings, and all the best the city has to offer. In 2021, the site realized more than 350 million page views and reached over 6 million users a month. blogTO has one of the most popular Canadian media accounts on TikTok with over 360,000 followers and more than 2.5 million followers across other key social media platforms. blogTO was formed in 2004 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-14 titus/one

Toronto, Ontario, Canada

titus/one provides growing digital audiences, magazine subscribers, television viewers, radio listeners, and CARP members through search, social media, and creative content strategies. titus/one was founded in 2016 and is based in Toronto, Ontario.

Buy $1M