Announced
Completed
Financials
Sources
Tags
Domestic
Majority
Private
Acquisition
digital media
United States
Entertainment
Completed
Single Bidder
Friendly
Synopsis
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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