Announced
Financials
Sources
Tags
media company
Minority
Domestic
Media Agencies
Pending
Acquisition
Private Equity
Private
Friendly
United States
Single Bidder
Synopsis
Abry Partners, a private equity firm, agreed to invest $100m in HARTBEAT, a global, multi-platform media company creating entertainment at the intersection of comedy and culture. "We've scaled our business in an ever changing media landscape by delivering comedy to audiences wherever and whenever they want to laugh, and have demonstrated an unmatched ability to generate sales, subscriptions and eyeballs for some of the top entertainment and brand partners in the world, while driving cultural currency and conversation among some of the most coveted audiences," Thai Randolph, HARTBEAT CEO.
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