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New Deal


Announced

Completed

Ziff Davis completed the spin-off of Consensus Cloud.

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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Data Centers and Hosting

cloud services

data exchange

United States

Majority

Domestic

Single Bidder

Friendly

Public

Demerger

Completed

Synopsis

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Ziff Davis, a digital media and internet company, completed the spin-off of Consensus Cloud, a provider of secure information-delivery services. “We are thrilled to complete the separation of Ziff Davis and Consensus into two leading independent public companies. My colleagues and I are excited to continue Ziff Davis’ mission of creating enduring value through vertical market innovation, digital transformation, and exceptional capital allocation. I am grateful to our Board and employees, whose hard work enabled us to reach today’s milestone. I know they join me in wishing the Consensus team great success as a standalone public company," Vivek Shah, Ziff Davis CEO.

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