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Announced

Completed

Overstory Media Group completed the acquisition of The Georgia Straight from Media Central.

Financials

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

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Private

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Domestic

Publishing

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Acquisition

publishing house

Canada

Completed

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Overstory Media Group, an operator of a media group company, completed the acquisition of The Georgia Straight, an urban weekly publication, from Media Central, an independent and alternative media company. Financial terms were not disclosed. "The Georgia Straight is a household name across the Lower Mainland. I grew up with it being a pioneer of independent thinking, and a passionate supporter of the arts. For decades The Straight was the place to discover the community, while also giving thousands of talented groups and individuals the chance to be discovered. I'm proud to bring it into the Overstory community, and to have the chance to rethink what the next 55 years will look like," Farhan Mohamed, Overstory Co-Founder and CEO.

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