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New Deal


Announced

Completed

Universal Music Group and Main Street Advisors completed the $150m investment in NTWRK.

Financials

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Transaction Value£118m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Acquisition

Minority

Private

Domestic

Completed

Single Bidder

United States

livestream shopping

E-commerce

Synopsis

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Universal Music Group, a global music corporation, and Main Street Advisors, a strategic advisor to and partner and investor, completed the $150m investment in NTWRK, a publisher of online media content. “We are proud to be early investors in NTWRK and to be investing again to bring them together with Complex. The combination of these two very creative and innovative teams will build a business designed for the future of content and commerce as well as artist and audience,” Paul Wachter, Main Street Advisors CEO and Founder.

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