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New Deal


Announced

Completed

BDG completed the acquisition of Some Spider Studios.

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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Domestic

Majority

Private

Acquisition

digital media

United States

Entertainment

Completed

Single Bidder

Friendly

Synopsis

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Bustle Digital Group, a modern media company, completed the acquisition of Some Spider Studios, a media & entertainment company. Financial terms were not disclosed. "Uniquely fast growing and nicely profitable, there was a lot of interest from a lot of parties. We chose BDG because of the great respect they have for this important demographic, our brands and our people, which translated to a strong result for our shareholders. We’re excited to be part of the growing BDG family and its ambitious, bright future,” Vinit Bharara, Some Spider Studios CEO and Founder.

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