Siirry transaktioihin
Pääomasijoittaminen | TMT

Bonnier Corporation has sold seven of its US titles to North Equity

Bonnier Corporation has sold seven of its most popular US titles, including Popular Science, Popular Photography, Saveur, Outdoor Life, Field & Stream, Better You and Interesting Things, to venture equity group North Equity.

Bonnier Corp. is an American enthusiast media company with iconic multichannel brands extending into all platforms, including magazines, digital media, events and product licensing. Bonnier Corp.’s brands include Yachting, Flying, Sailing World, Salt Water Sportsman and Working Mother. Other business subsidiaries are Bonnier Events, a full-service promotion and events group, and Working Mother Media’s diversity and inclusion consulting group. Bonnier Corp. is owned by Sweden-based Bonnier AB, a globally operating media conglomerate.

North Equity is a venture equity firm that acquires, builds and scales transformative digital media brands using a proprietary combination of operational, data and technology expertise. The portfolio currently focuses on the automotive, home and military verticals, and includes The Drive, BobVila.com, The War Zone and Task & Purpose, among others. Since acquisition, these brands have been strategically building market-leading positions, optimizing cash flow, and transforming their category in the digital content landscape. North’s investment team has extensive experience in the intersection of technology, data and media as private investors and operators. North, based in Miami and with offices in San Francisco and New York, will continue making strategic acquisitions across the digital media and technology landscape.

The deal comes as Bonnier’s parent company, Stockholm’s Bonnier, has been moving to exit from the US media market. In September 2020, the Oaklins team advised the company on the sale of its Motorcycle Group’s digital assets to fintech company Octane.

One of Oaklins’ TMT teams in New York acted as the exclusive financial advisor to Bonnier Corporation in this transaction.

Osapuolet

Ota yhteyttä transaktiotiimiin

 Reed  Phillips

Reed Phillips

Managing Partner
New York, Yhdysvallat
Oaklins DeSilva+Phillips
 Jack  Noble

Jack Noble

Partner
New York, Yhdysvallat
Oaklins DeSilva+Phillips

Transaktiot

Perkbox has been acquired by Great Hill Partners
Pääomasijoittaminen | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Lue lisää
Arculus Cyber Security has been acquired by Bridewell
Pääomasijoittaminen | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Lue lisää
PCI Pal has completed an equity raise
Rahoituspalvelut | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Lue lisää