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New Deal


Announced

Completed

T. Rowe Price and Oberndorf Enterprises completed a $300m investment in IAC-backed Vimeo.

Financials

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Transaction Value£219m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Private

Minority

Completed

Friendly

Domestic

Entertainment

e-sports

news

entertainment

United States

Synopsis

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T. Rowe Price, a global investment management firm, and Oberndorf Enterprises, a company providing financial services, completed a $300m investment in IAC-backed Vimeo, a video sharing site. “As the world embraces video like never before, Vimeo is in an incredibly strong position to help more businesses take advantage of this powerful medium. We have built an industry-leading solution that the market needs, and we intend to move swiftly to bring our professional-quality tools to millions more users," Anjali Sud, Vimeo CEO.

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