Announced
Completed
Synopsis
Innovation Ventures-backed IV Media, an internet media company, completed the acquisition of operating assets from iMedia Brands, a media company, for $55m. “On behalf of iMedia, I am pleased to announce the purchase of iMedia’s operating assets by IV Media. Under new ownership, both companies will be well positioned to grow and achieve great success together well into the future. With IV Media’s partnership, iMedia will continue delivering customers the diverse range of brands they desire through captivating content. Today’s announcement is a great outcome for iMedia, and I thank our valued team and partners for their continued support during this process,” James Alt, iMedia Chief Transformation Officer.
Show Details & Financials
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
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.