.
MergerLinks Header Logo

Announced

Meredith to acquire Stop, Breathe & Think.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Software

Pending

United States

mobile application

Acquisition

Single Bidder

Friendly

Majority

Synopsis

Edit

Meredith, an American media conglomerate, agreed to acquire Stop, Breathe & Think, a mobile mindfulness app. Financial terms were not disclosed. "Stop, Breathe & Think is an ideal strategic fit for Meredith and our increasing focus on consumer products, services and experiences. We are excited to enter the fast-growing mindfulness space and view this as an important addition to our well-established health and wellness expertise. SBT has natural synergies with Meredith brands and platforms and will provide Synapse, our affinity marketing business, with an attractive new product for its unique retail and online distribution channels," Tom Witschi, Meredith Consumer Products President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US