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Announced

Completed

Shamrock Capital completed the acquisition of Adweek from Beringer Capital.

Financials

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

Tags

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advertising agency

Private Equity

Majority

United States

Publishing

trade publication

Private

Friendly

Completed

advertising

Acquisition

Single Bidder

Synopsis

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Shamrock Capital, a Los Angeles-based investment firm, completed the acquisition of Adweek, a weekly American advertising trade publication, from Beringer Capital. Financial terms were not disclosed. "Adweek has been a critical source of information and insights for the marketing and advertising community for decades. Adweek’s experienced management team has done a tremendous job of building on its established brand, expanding its industry coverage and its product offering to further solidify its leading position in the marketplace. We look forward to working with Adweek to continue to drive strong growth, both organically and through acquisitions," Laura Held, Shamrock Capital Partner.

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