G/O Media Inc. has sold Gizmodo to Keleops AG
G/O Media Inc. has sold Gizmodo, a premier international media outlet dedicated to technology, to Keleops AG. The acquisition represents a major milestone for Keleops, already one of Europe’s largest groups of digital media publishers in the consumer technology sector. By expanding its reach within the industry and on an international scale, Keleops expects to double its current audience, fostering greater brand awareness and engagement.
Founded in 2002, Gizmodo is a leading international media outlet focusing on independent reporting and commentary on technology, science and internet culture. Created as one of the internet’s very first tech news sites, it has consistently provided comprehensive coverage, insightful analysis and captivating content on the latest developments in the technology industry. The company’s integration of the prestigious io9 blog has further enriched its offerings, providing readers with a wide range of science fiction, entertainment and pop culture perspectives.
Established in 2014, Keleops AG started as a performance marketing company and has since grown to include major media brands in the consumer technology, science and entertainment verticals. The company is based in Switzerland.
G/O Media Inc. is a premium digital publishing company that owns and operates several digital media outlets. The company, based in the US, was acquired from Univision in 2019 by Great Hill Partners.
Oaklins DeSilva+Phillips, one of Oaklins’ TMT teams in New York, served as the exclusive financial advisor to G/O Media Inc. on the transaction. This transaction further highlights ODP’s deep sector expertise in advising media businesses, specifically those within the book publishing and consumer media industries.
Talk to the deal team
Reed Phillips
Oaklins DeSilva+Phillips
John Semel
Oaklins DeSilva+Phillips
Related deals
OGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn moreE.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
Learn moreCrux Agribotics has been acquired by VDL
Crux Agribotics, a Dutch AgTech innovator with a 40-year heritage in computer vision, robotics, software development and high-tech engineering, has been acquired by VDL Groep, an international industrial family business. Through the acquisition of Crux Agribotics, VDL Groep further strengthens its position in foodtech, one of the growth markets for this family-owned industrial company.
Learn more