.
MergerLinks Header Logo

New Deal


Announced

Hubert Burda Media-backed Immediate Media to acquire Nutracheck.

Financials

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

Tags

Edit

Single Bidder

Domestic

Acquisition

Friendly

application

Online and Social Platforms

United Kingdom

Pending

Private

information services

Majority

Synopsis

Edit

Hubert Burda Media-backed Immediate Media, an operator of a consumer-media business, agreed to acquire Nutracheck, a developer of food diary application. Financial terms were not disclosed. “We’re delighted to welcome the Nutracheck team to Immediate. Nutracheck is the UK’s leading food tracking app, and a great strategic fit for us. We can see real developmental and growth opportunities both for Nutracheck and our food business. The addition of Nutracheck, and their award winning team, accelerates Immediate’s transformation to a fully cross-platform business, significantly growing our digital subscriptions base and enhancing our skills expertise," Sean Cornwell, Immediate Platforms CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US