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Announced

Fox Corporation to acquire Outkick Media.

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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Majority

Single Bidder

Acquisition

Domestic

omnichannel marketing

Pending

Friendly

United States

Private

Media Agencies

Private Equity

Synopsis

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Fox Corporation, a media producer and distributor, agreed to acquire Outkick Media, an omnichannel marketing company, from Savage Ventures, a private equity firm. Financial terms were not disclosed. "As FOX further diversifies our growing digital portfolio and broadens our position in the sports wagering ecosystem, there could be no better acquisition than Outkick. Clay and his team have quickly made Outkick a content powerhouse with a very large, loyal and engaged audience. We expect the synergies presented across FOX's existing portfolio of assets will turbocharge this exciting business," Lachlan Murdoch, Fox Corporation CEO and Chairman.

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