Internet and Digital Media M&A Update - November 2012

We noted a number of recent M&A and financing announcements in the Internet and Digital Media industry sectors over the past few months.

 

Most notably, the following transactions were announced:

 

• Priceline to acquire Kayak for $40/share in cash & stock, or $1.8 billion (Nov 8, 2012).
• Eyeing An IPO, marketing software giant HubSpot raises $35M For international growth, M&A and more from Altimeter Capital, Cross Creek Capital, and previous investors. It has raised a total of $100 million since its founding in 2006 (Nov 5, 2012).
• Disney acquires Lucas Film for $4.05 billion (Oct 30, 2012).
• Yahoo! acquires Stamped for an undisclosed amount (Oct 26, 2012).
• Yelp pays $50 million to acquire its European rival, Qype (Oct 24, 2012).
• Microsoft invests $300 million in Nook Media (Oct 5, 2012).
• Google acquires Frommers, Viewdle, Snapseed, Nik Software, Wildfire Interactive and VirusTotal.com (Aug - Nov 2012).
• Facebook acquires Threadsy, a social aggregator and maker of social marketing tool Swaylo (Aug 24, 2012).
• IAC acquires About.com for $300 million from the New York Times (Aug 26, 2012).

 

As the end of the U.S. election clears the path to economic certainty again, we believe companies will pick up the M&A pace as large amounts of cash sits idol on balance sheets.

 

We expect 2013 to show an increase in the amount and number of M&A and IPO transactions announced in the Internet and Digital Media industry sectors.

About Generation Equity Advisors

Generation Equity Advisors is an independent investment banking and M&A advisory firm focused on the technology and digital media industry sectors exclusively. Our expertise is providing mergers and acquisition advisory services to companies, entrepreneurs, private equity firms and shareholders globally. We started in 2009 with the idea to focus on specific industry sectors and to avoid any "large firm" conflicts. We have successfully completed several M&A transactions for our clients and continue to grow into a leading global technology and digital media focused M&A advisory and investment banking firm.

Our professionals have completed over $20 billion in transactions and are highly experienced in Mergers and Acquisitions, Corporate Finance and Capital Markets. All professionals have worked with large tier-one and middle-market investment banking firms and have many years of experience managing all phases of the M&A transaction process from start to finish.

For More Info:  Generation Equity Advisors