Berkery Noyes Releases Media and Marketing Industry M&A Report For Third Quarter 2012
Within the Internet Media segment, transaction volume decreased five percent on a quarter-to-quarter basis. High value Internet Media deals in third quarter 2012 included Dex One’s announced merger with SuperMedia for $1.5 billion, IAC’s acquisition of About.com from The New York Times for $300 million, Turner Broadcasting’s acquisition of Bleacher Report for $200 million, and IHS’ acquisition of GlobalSpec for $135 million. IHS has been an active acquirer during 2012, completing eight Media and Marketing Industry acquisitions thus far.
A copy of the full report is available at the Berkery Noyes website.
Berkery Noyes specializes in mergers and acquisitions and financial consulting services for companies in the $25 million to $500 million range, a market that is enjoying a surge in activity. Long having been an innovator in database and research technology in M&A, Berkery Noyes has committed itself to providing more expansive and current information. The firm’s research teams publish acquisition activity in the respective sectors they follow on MandAsoft.com.
About Berkery Noyes
Berkery Noyes is an independent investment banking advisory firm servicing the information industry. Focused on middle-market corporations and financial sponsors, Berkery Noyes is committed to delivering a comprehensive array of industry-leading advisory services. Since its founding by Joseph W. Berkery in 1983, the firm has worked with corporate clients to grow through acquisition, divest non-core assets, and maximize shareholder returns through strategic transactions and restructurings. For private owners, Berkery Noyes helps create liquidity and execute timely exit strategies that achieve their personal and professional objectives.
Source: Press Release