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New Deal


Announced

Completed

OpenWeb completed the acquisition of Hive Media Group for $60m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital media

Acquisition

Single Bidder

Domestic

Private

United States

Majority

Friendly

Digital Services

media company

Completed

Synopsis

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OpenWeb, a social engagement platform, completed the acquisition of Hive Media Group, a digital media company for $60m. "We have known and admired OpenWeb and their leadership team for many years. Our missions are aligned - coming together only makes our efforts to improve digital experiences for publishers and users that much stronger. As we forge a new path together with OpenWeb, we look forward to creating new, powerful tools that empowers publishers," Guy Yeshua, Hive Media Group Co Founder & President.

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