Like 100.7 The Fish

announced 5/23/2018 via BNC Analysis

University of Northwestern-St. Paul, will acquire 100.7 The Fish

synopsis: The University of Northwestern-St. Paul, a Christ-centered liberal arts university, will acquire 100.7 The Fish from Salem Media Group, a leading multimedia company. 100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station broadcasts contemporary Christian music to inspire hope and encouragement.
buyer: University of Northwestern-St. Paul
University of Northwestern-St. Paul is a Christ-centered liberal arts university located in the heart of the Twin Cities of Minneapolis and St. Paul. Since 1902, students have come to Northwestern to learn and develop as leaders through Christ-centered, academically excellent education. "
target parent: Salem Media Group
target: 100.7 The Fish
100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station creates a positive, uplifting, and safe environment for the whole family. 100.7 The Fish broadcasts contemporary Christian music to inspire hope and encouragement.
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announced 2/8/2019 via BNC Analysis

Forever Media Inc., will acquire Delmarva Broadcasting Company

synopsis: Forever Media, an owner and operator of radio stations, will acquire Delmarva Broadcasting Company (DBC) from Steinman Communications, an innovative, multi-channel communications company. DBC owns and operates nine radio stations. DBC operates pop music, country music, gospel music, news radio, talk radio, and sports stations.
buyer: Forever Media Inc.
Forever Media owns and operates radio stations in Pennsylvania, Maryland and Ohio. Forever Media broadcasts in a variety of formats, including music, news & talk radio, and sports. They operate stations in Altoona, Cumberland, Johnstown, Midshore, Pittsburgh, State College, Wheeling, and York. "
target parent: Steinman Communications
target: Delmarva Broadcasting Company
Delmarva Broadcasting Company (DBC) is a company that owns and operates nine radio stations in DE, MD, and NJ. DBC operates pop music, country music, gospel music, news radio, talk radio, and sports stations. Their stations include 101.7FM / 1150AM WDEL, 103.7 WXCY, 93.7 WSTW, and more.
price ($mm)
$19
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closed 6/23/2017 via BNC Analysis

KHCB-FM, purchased Three FM Radio Stations from Sister Sherry Lynn Foundation, Inc.

synopsis: Sister Sherry Lynn Foundation sells three FM radio stations to Houston Christian Broadcasters. The stations include the gospel simulcast of KFXT, Sulphur, OK (90.7) and KFXH, Marlow, OK (88.7); and adult standards “Studio 90.5” KFXU, Chickasha, OK.
buyer: KHCB-FM
KHCB-FM (105.7 FM) Keeping Him Close By is a radio station broadcasting a Christian radio format. It is owned by Houston Christian Broadcasters Inc based in Houston, TX. "
seller: Sister Sherry Lynn Foundation, Inc.
The three FM radio stations include the gospel simulcast of KFXT, Sulphur, OK (90.7) and KFXH, Marlow, OK (88.7); and adult standards “Studio 90.5” KFXU, Chickasha, OK.
price ($mm)
$0.25
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closed 7/10/2019 via BNC Analysis

Byrne Acquisition Group, LLC, purchased Seven Radio Stations from First Media Radio

synopsis: Byrne Acquisition Group, a owner and operator of a low-power television broadcast station, has acquired seven radio stations from First Media Radio. The seven radio stations located in North Carolina and Virginia broadcast in sport and music formats. The stations include Magic 97.9 WTRG, Earl 98.3 WDLZ, and more.
buyer: Byrne Acquisition Group, LLC
Byrne Acquisition Group owns and operates WHHI-TV, a Hilton Head, SC low-power television broadcast station. WHHI-TV is the number one hyper-local television broadcasting station in the lowcountry. WHHI-TV provides local viewers with the best local television and content. "
seller: First Media Radio
Frist Media Radio's 7 radio stations include Magic 97.9 WTRG, Earl 98.3 WDLZ, 99.5 Jamz WYTT, Maverick 102.3 WPTM, 107.7 Lake-FM WWDW, Sports Radio 1400 1080 WWDR and 1400 WSMY. The North Carolina and Virginia stations broadcast in sport and music formats.
price ($mm)
$3.40
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closed 4/17/2019 via BNC Analysis

Virgin Media Inc., acquired NRG Radio

synopsis: Virgin Media has acquired NRG Radio, an urban station based out of Nairobi, Kenya. They are shaping the future of entertainment by connecting consumers with High-quality and Personalized content via Internet, Mobile, Film, Sound, Print and Cross-Media in all possible forms of distribution.
buyer parent: Liberty Global plc
buyer: Virgin Media Inc. (VMED:$6,664.77)
Virgin Media Limited is a British company which provides telephone, television and internet services in the United Kingdom. Its headquarters are in Hook, Hampshire. Since 2013, Virgin Media has been a subsidiary of Liberty Global plc. "
target: NRG Radio
NRG Radio is an urban station based out of Nairobi, Kenya. They are shaping the future of entertainment by connecting consumers with High-quality and Personalized content via Internet, Mobile, Film, Sound, Print and Cross-Media in all possible forms of distribution.
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announced 2/20/2019 via Company Press Release

Bauer Media Group, will acquire Lincs FM Group

synopsis: Bauer Media Group, a global media company, will acquire the Lincs FM Group, a group that owns and operates 9 radio stations across Yorkshire, Lincolnshire, and Rutland. The Lincs FM Group provides their listeners with a mix of current chart hits and the best tracks from the 60s to the 90s.
buyer: Bauer Media Group
Bauer Media Group publishes magazines, makes radio programmes and designs digital formats in 20 countries on four continents. Bauer Media Group's portfolio consists of over 600 magazines worldwide, more than 400 digital media outlets, and over 100 radio and TV stations. "
target: Lincs FM Group
The Lincs FM Group owns and operates 9 radio stations across Yorkshire, Lincolnshire, and Rutland. Each station provides their listeners with a mix of current chart hits and the best tracks from the 60s to the 90s. The stations also provide the local news, national headlines, and weather.
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announced 12/12/2018 via Radio Online

Stratton Radio Broadcasting Co., will acquire WYLF-AM 850

synopsis: Stratton Radio Broadcasting Co., an owner and operator of radio stations, will acquire WYLF-AM 850 from MB Communications, Inc., a company that owns and operates radio stations. WYLF-AM 850 is a music radio station in Penn Yan, NY. The station plays hit music from the 50's, 60's and 70's.
buyer: Stratton Radio Broadcasting Co.
Stratton Radio Broadcasting Co. is an owner and operator of radio stations. The company is headed by Timothy Stratton. Timothy Stratton is an attorney with the Phoenix firm of Gust-Rosenfeld specializing in Public Finance and Tax Law. "
target parent: MB Communications, Inc.
target: WYLF-AM 850
WYLF-AM 850 is a music radio station in Penn Yan, NY. The station plays hit music from the 50's, 60's and 70's. WYLF plays songs from some of the greatest singers and bands of all time, including The Beatles, The Beach Boys, The Temptations, Elvis Presley, Carly Simon, Stevie Wonder, and more.
price ($mm)
$0.29
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announced 9/24/2018 via BNC Analysis

Sirius XM Holdings Inc., will acquire Pandora Media, Inc.

synopsis: SiriusXM, one of the world's largest audio entertainment companies, is to acquire Pandora, the world’s most powerful music discovery platform. They are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it.
buyer parent: Liberty Media Corporation
buyer: Sirius XM Holdings Inc. (SIRI:$5,590.90)
SiriusXM is one of the world's largest audio entertainment companies and is among the largest subscription media companies in the United States, offering an array of exclusive content to satisfy many interests. "
target: Pandora Media, Inc. (P:$1,478.00)
Pandora is the world’s most powerful music discovery platform. They are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it.
price ($mm)[EV]
$2,978 [$2,807]
rev ($mm)
$1,478
EBITDA ($mm)
EV / rev
2.2x
EV / EBITDA
announced 7/19/2018 via BusinessWire

Entercom Communications Corporation, will acquire 101.1 More FM Philly

synopsis: Entercom Communications Corp., a leading media and entertainment company and one of the two largest radio broadcasters in the U.S., announced a definitive agreement to acquire 101.1 MORE FM (WBEB-FM), a commercial FM radio station licensed to serve Philadelphia, Pennsylvania.
buyer: Entercom Communications Corporation (ETM:$1,479.55)
Entercom Communications Corp. is a leading American media and entertainment company reaching and engaging over 100 million people each week through its premier collection of highly rated, award winning radio stations, digital platforms and live events. "
target: 101.1 More FM Philly
WBEB (101.1 More FM) is a commercial FM radio station licensed to serve Philadelphia, Pennsylvania. The station broadcasts an Adult Contemporary format, switching to all-Christmas music between mid-November and December 25 of each year.
price ($mm)
$58
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announced 4/23/2018 via BNC Analysis

Radio City, will acquire Friends 91.9 FM

synopsis: Radio City, the first private FM radio broadcaster in India, will acquire Friends 91.9 FM from Ananda Offset Private Limited, a company in India that prints daily newspapers and other periodicals. Friends 91.9 FM is a Kolkata-based FM radio station that plays current Hit music. The station plays a mix of Hindi, Bengali, and English songs.
buyer parent: Jagran Prakashan Ltd
buyer: Radio City (BSE:540366:$43.48)
Radio City is the first and oldest private FM radio broadcaster in India. Radio City reaches out to over 49.60 million listeners in 23 cities. Radio City structures its content based on what the listeners want, whether it is the songs that are played or the jock talk on air. "
target parent: ABP Pvt. Ltd
target: Friends 91.9 FM
Founded in 2007, Friends 91.9 FM is a Kolkata-based FM radio station that plays current Hit music. The station is live 24/7 and caters to the young and young at heart listener. The station plays a mix of Hindi, Bengali, and English songs.
price ($mm)
$5.29
rev ($mm)
$1
EBITDA ($mm)
EV / rev
6.0x
EV / EBITDA
closed 3/7/2018 via BNC Analysis

RMS Radio Marketing Service GmbH & Co. KG, purchased Online Audio Portfolio from SpotCom GmbH & Co. KG

synopsis: SpotCom has sold its online audio portfolio to RMSi, the digital marketing subsidiary of the national radio marketing company RMS. SpotCom's online audio portfolio ranks number 3 in the German online audio market, which corresponds to 30 million hours of listening per month.
buyer: RMS Radio Marketing Service GmbH & Co. KG
RMS is a leading marketer in the German audio advertising market. RMS markets services from the entire audio spectrum: advertising times and formats as well as audio online offers from 160 private radio stations throughout Germany. "
seller parent: Antenne Bayern Gmbh & Co Kg
seller: SpotCom GmbH & Co. KG
SpotCom's online audio portfolio ranks number 3 in the German online audio market, which corresponds to 30 million hours of listening per month. With a unique range of offers and an interesting brand portfolio, SpotCom ensures the delivery of its client's messages to their target audience.
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closed 7/5/2018 via BNC Analysis

105.3 ROCK, acquired 102.1 CJCY Classic Hits

synopsis: 105.3 ROCK, a Canadian radio station that plays all types of rock music, has acquired 102.1 CJCY Classic Hits from Clear Sky Radio, a Canadian broadcasting company. 102.1 CJCY Classic Hits is a Canadian radio station in Medicine Hat, Alberta. The station features the biggest artists and songs from the 70s, 80s, 90s and early 2000s.
buyer parent: Rogers Communications Inc.
buyer: 105.3 ROCK
105.3 ROCK is a Canadian radio station that broadcasts at 105.3 FM in Medicine Hat, Alberta. 105.3 ROCK is a rock music station that plays all types of rock music and is the home of Poncho in the Morning. The station is aimed at men ages 25 to 54. "
target parent: Clear Sky Radio Inc.
target: 102.1 CJCY Classic Hits
102.1 CJCY Classic Hits is a Canadian radio station that broadcasts at 102.1 FM in Medicine Hat, Alberta. The station features the biggest artists and songs from the 70s, 80s, 90s and early 2000s. 102.1 CJCY plays music by Elton John, Bryan Adams, Bon Jovi, Prince, Madonna, Stevie Wonder, and more.
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closed 8/16/2017 via BNC Analysis

Ohio Midland Newsgroup, LLC, purchased OV Sports, 106.3 The River from Priority Communications, Inc.

synopsis: Ohio Midland Newsgroup agrees to purchase Sports “OV Sports” 1430 WEIR Weirton WV/Steubenville OH and 94.9 W235BX Colliers WV, Classic Hits “106.3 The River” WCDK Cadiz OH/Wheeling WV from Priority Communications. 106.3 The River broadcasts a classic hits music radio format. OV Sports broadcasts Ohio Valley sports, specifically high school sports.
buyer: Ohio Midland Newsgroup, LLC
Ohio Midland Newsgroup, LLC is a radio broadcasting company based in Ohio. "
seller: Priority Communications, Inc.
106.3 The River broadcasts a classic hits music radio format. OV Sports broadcasts Ohio Valley sports, specifically high school basketball and football.
price ($mm)
$0.70
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announced 6/19/2017 via BNC Analysis

Haugo Broadcasting, Inc., will acquire KXMZ-FM

synopsis: Pandora Media, the Oakland, Calif.-based streaming audio company has just agreed to sell its only radio station. In a transaction filed with the FCC on 06/19/17, Pandora has agreed to sell KXMZ-FM 102.7 in Box Elder, S. Dakota, to Haugo Broadcasting.
buyer: Haugo Broadcasting, Inc.
Haugo Broadcasting is a prolific local broadcaster in South Dakota that owns Class C1 Country KIQK-FM 104.1 in Deadwood, S. Dakota, and Class C 1kw/1 tower Sports KTOQ-AM 1340 & Class C Rock KSQY-FM 95.1 in Rapid City. "
target parent: Pandora Media, Inc.
target: KXMZ-FM
KXMZ (102.7 FM, "Hits 102.7") is a radio station serving Rapid City, South Dakota. The station broadcasts a hot adult contemporary format, which is a mix of classic hits and contemporary mainstream music.
price ($mm)
$0.30
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closed 4/28/2017 via Company Press Release

Iliffe Media Ltd, acquired KM Media Group

synopsis: Iliffe Media Ltd, an independent family-owned company that has been publishing in Cambridge since 1922, has acquired KM Media Group. KM Media Group publishes nine paid-for and four free newspapers including the Kent Messenger Series. They also own and operate the local news website KentOnline.co.uk, and the kmfm music radio network.
buyer parent: Yattendon Group PLC
buyer: Iliffe Media Ltd
Iliffe Media is a family-owned publisher based in Milton. They publish the Cambridge Independent, a new newspaper and website for the Cambridge region. Their aim is to offer a high quality, trustworthy, useful and entertaining service to the community of Cambridge and its surrounding region. "
target: KM Media Group
KM Media Group publishes 13 newspapers including the Kent Messenger Series, the Regional Press Awards Newspaper of the Year. The group publishes KentOnline.co.uk, with an audience of 2.4m unique monthly browsers. The group also operates the kmfm radio network, reaching 164,000 listeners each week.
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announced 3/15/2017 via BNC Analysis

Radio One Buffalo Inc., will acquire Timeless WECK

synopsis: Culver Communications is selling Standards “Timeless WECK” 1230 WECK/102.9 W275BB Cheektowaga/Buffalo NY to William Ostrander’s Radio One Buffalo Inc. Timeless WECK is a locally-owned Buffalo, NY radio station that plays timeless classics, as well as the artists that continue to perform the Great American Songbook.
buyer: Radio One Buffalo Inc.
Radio One Buffalo Inc. is a radio broadcasting company owned by William Ostrander. The owner of Radio One Buffalo spent 16 years working in sales for Entercom Buffalo and as host of “Buffalo Means Business” on 930 WBEN under the name Buddy Shula. "
target: Timeless WECK
Timeless WECK is a locally-owned Buffalo, NY radio station that broadcasts on 102.9 FM & 1230 AM. The station plays timeless classics, as well as the artists that continue to perform the Great American Songbook.
price ($mm)
$0.66
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announced 12/19/2016 via BNC Analysis

Oceania Capital Partners, will acquire Radio 2CH Pty Ltd.

synopsis: Oceania Capital Partners Limited (OCP) announced that an 85.5% held subsidiary of OCP has entered into an agreement to acquire 100% of Radio 2CH Pty Ltd (“2CH”) from Macquarie Media Limited. 2CH operates 2CH 1170AM, a commercial AM radio station in Sydney with a DAB+ simulcast.
buyer: Oceania Capital Partners (ASX:OCP:$36.36)
Oceania Capital Partners Limited is an investment company that provides its shareholders with investment exposure to, and returns from, investments in operating businesses. They pursue private equity style transactions and public market opportunities using private equity experience and disciplines. "
target parent: Fairfax Media Ltd.
target: Radio 2CH Pty Ltd.
Radio 2CH Pty Ltd operates 2CH 1170AM, a commercial AM radio station in Sydney with a DAB+ simulcast. 2CH mainly broadcasts oldies music with the slogan "The songs you know and love."
price ($mm)
$4.06
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announced 12/14/2016 via Company Press Release

Rocking M Media, LLC, will purchase KIBB-FM and KVWF-FM from Connoisseur Media

synopsis: Connoisseur Media LLC and Rocking M Media, LLC announced their formal filing to transfer KIBB-FM 97.1 and KVWF-FM 100.5, Connoisseur Media’s two radio stations in the Wichita Kansas market, to Rocking M Media. Connoisseur Media, headquartered in Westport, Connecticut, owns and/or operates 39 stations in 11 markets.
buyer: Rocking M Media, LLC
Rocking M Media, LLC (RMM) was established in 2007 as a business development company. The RMM group owns 24 radio stations that cover all of Central and Western Kansas and parts of Nebraska, Colorado, Oklahoma, Texas and Wyoming. "
seller parent: Perot Holdings
seller: Connoisseur Media
KIBB-FM 97.1 and KVWF-FM 100.5 are Connoisseur Media’s two radio stations in the Wichita Kansas market. Connoisseur Media, headquartered in Westport, Connecticut, owns and/or operates 39 stations in 11 markets.
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closed 9/29/2016 via BNC Analysis

Zee Entertainment Enterprises Limited, acquired Hum 106.2 FM

synopsis: Zee Entertainment, one of India’s leading television, media and entertainment companies, acquired radio station Hum 106.2 FM, one of the leading radio stations in the UAE. Launched in 1998, HUM 106.2 is the 1st DESI FM radio station in the UAE.
buyer: Zee Entertainment Enterprises Limited (NSEI:ZEEL:$934.27)
Zee Entertainment Enterprises Limited is one of India’s leading television, media and entertainment companies. It is amongst the largest producers and aggregators of Hindi programming in the world, with an extensive library housing over 210,678 hours of television content. "
target: Hum 106.2 FM
Hum 106.2 FM is one of the leading radio stations in the UAE. Launched on 1st March 1998, HUM 106.2 is the 1st DESI FM radio station in the UAE.
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closed 12/23/2015 via BusinessWire

Pandora Media, Inc., acquired Rdio, Inc.

synopsis: Pandora, the world’s most powerful music discovery platform, announced it has completed its acquisition of several key assets from Rdio, a pioneer in streaming music technology. In addition to acquiring technology and intellectual property from Rdio, Pandora will also add nearly 100 former Rdio employees to the company.
buyer: Pandora Media, Inc. (P:$1,478.00)
Pandora is the world’s most powerful music discovery platform. They are driven by a single purpose: unleashing the infinite power of music by connecting artists and fans, whether through earbuds, car speakers, live on stage or anywhere fans want to experience it. "
target: Rdio, Inc.
Rdio, one of the world’s largest licensed music services, offers a catalog of over 35 million songs in 86 countries worldwide. Rdio's mission is to provide access to every song, on every device, anywhere in the world instantly, online or offline.
price ($mm)
$75
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announced 5/23/2018 via BNC Analysis

University of Northwestern-St. Paul, will acquire 100.7 The Fish

synopsis: The University of Northwestern-St. Paul, a Christ-centered liberal arts university, will acquire 100.7 The Fish from Salem Media Group, a leading multimedia company. 100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station broadcasts contemporary Christian music to inspire hope and encouragement.
buyer: University of Northwestern-St. Paul
University of Northwestern-St. Paul is a Christ-centered liberal arts university located in the heart of the Twin Cities of Minneapolis and St. Paul. Since 1902, students have come to Northwestern to learn and develop as leaders through Christ-centered, academically excellent education. "
target parent: Salem Media Group
target: 100.7 The Fish
100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station creates a positive, uplifting, and safe environment for the whole family. 100.7 The Fish broadcasts contemporary Christian music to inspire hope and encouragement.
price ($mm)
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announced 5/23/2018 via BNC Analysis

University of Northwestern-St. Paul, will acquire 100.7 The Fish

synopsis: The University of Northwestern-St. Paul, a Christ-centered liberal arts university, will acquire 100.7 The Fish from Salem Media Group, a leading multimedia company. 100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station broadcasts contemporary Christian music to inspire hope and encouragement.
buyer: University of Northwestern-St. Paul
University of Northwestern-St. Paul is a Christ-centered liberal arts university located in the heart of the Twin Cities of Minneapolis and St. Paul. Since 1902, students have come to Northwestern to learn and develop as leaders through Christ-centered, academically excellent education. "
target parent: Salem Media Group
target: 100.7 The Fish
100.7 The Fish is a contemporary Christian radio station licensed to the Omaha, NE area. The station creates a positive, uplifting, and safe environment for the whole family. 100.7 The Fish broadcasts contemporary Christian music to inspire hope and encouragement.
price ($mm)
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announced 11/13/2019 via BNC Analysis

Emerson College, will acquire Marlboro College

synopsis: Emerson College will acquire Marlboro College and Marlboro students will be admitted to Emerson. Emerson is located in Boston, while Marlboro is located in Vermont. Marlboro College is a private liberal arts college with about 200 students and 35 professors, located on a picturesque 400-acre campus in rural Vermont.
buyer: Emerson College
Emerson is internationally recognized as a premier institution of higher learning devoted to liberal arts, communication, and the arts, with campuses in Boston, Los Angeles, and The Netherlands, and degree-granting programs in Paris, Barcelona, and, beginning Fall 2020, Lugano, Switzerland "
target: Marlboro College
Marlboro College is a private liberal arts college in Marlboro, Vermont. They're a college of about 200 students and 35 professors, located on a picturesque 400-acre campus in rural Vermont.
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announced 10/30/2019 via BNC Analysis

Henderson State University will be merged with Arkansas State University System,

synopsis: Henderson State University, a public university with a strong liberal arts heritage, will be merged with the Arkansas State University System, an organization that serves 22,238 students on campuses in Arkansas and Queretaro, Mexico, and globally online with a total operating budget of $285 million.
buyer: Arkansas State University System
The Arkansas State University System, based in Little Rock, serves 23,310 students in Arkansas and Queretaro, Mexico. The ASU System includes ASU, with an instructional site in Paragould and degree centers in Beebe, Mountain Home, Blytheville, Forrest City, and West Memphis. "
target: Henderson State University
Founded as a private institution in 1890, Henderson State University has a strong liberal arts heritage that is the base of more than 65 undergraduate and graduate programs, earning the university its status as Arkansas’s public liberal arts university.
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announced 11/28/2018 via BNC Analysis

Northeastern University, will acquire New College of the Humanities Limited

synopsis: Northeastern University in Boston plans to acquire the New College of the Humanities, a London-based institution with 210 students founded by the philosopher A. C. Grayling in 2012. NCH prides itself on offering an education that melds aspects of the Oxford tutorial system and the American liberal arts college.
buyer: Northeastern University
Founded in 1898, Northeastern is a global research university with a distinctive, experience-driven approach to education and discovery. The university is a leader in experiential learning, powered by the world’s most far-reaching cooperative education program. "
target: New College of the Humanities Limited
New College of the Humanities is a London-based institution with 210 students founded by the philosopher A. C. Grayling in 2012. NCH prides itself on offering an education that melds aspects of the Oxford tutorial system and the American liberal arts college.
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closed 1/6/2010 via BNC Analysis

Significant Partners, LLC, acquired Crichton College

synopsis: The Board of Directors of Crichton College and SignificantPsychology, LLC announced that the sale of Crichton College to Significan has been completed.
buyer: Significant Partners, LLC
Significant Partners is a consultancy offering a unique global network of high-value relationships in the venture capital and private equity markets combined with marketing, sales, and business development expertise. "
target: Crichton College
Crichton College is a Christian liberal arts college committed to academic excellence and the joining of faith, rigorous academic inquiry, and action guided by a biblical worldview.
price ($mm)
$5.30
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closed 12/1/2008 via PR Newswire

Lincoln Educational Services, acquired Briarwood College, Inc.

synopsis: Lincoln Educational Services Corporation entered into a definitive purchase agreement to acquire Briarwood College. Briarwood is regionally accredited by the New England Association of Schools and Colleges and currently offers two Bachelor's degree programs and 31 Associate's degree programs to approximately 700 students.
buyer: Lincoln Educational Services
Lincoln Educational Services Corporation is a leading and diversified for-profit provider of career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults degree and diploma programs in five areas of study. "
target: Briarwood College, Inc.
Briarwood College is a student-centered private institution that fosters and encourages a commitment to learning throughout their lives. The College is committed to the application of knowledge through a curriculum that is career and technically oriented with an emphasis on the liberal arts.
price ($mm)
$11
rev ($mm)
$9
EBITDA ($mm)
EV / rev
1.2x
EV / EBITDA
closed 10/8/2003 via PR Newswire

Education Management Corp, acquired Bradley Academy for the Visual Arts

synopsis: Education Management Corp. EDMC today announced that it has closed on its previously-announced acquisitions of Bradley Academy for the Visual Arts, located in York, PA, and Dubrulle International Culinary & Hotel Institute of Canada, located in Vancouver, British Columbia. Dubrulle International will be merged with The Art Institute of Vancouver.
buyer parent: Providence Equity Partners Inc.
buyer: Education Management Corp (OTCPK:EDMC:$2,272.74)
Education Management is a provider of post-secondary education in North America, based on student enrollment and revenue. "
target: Bradley Academy for the Visual Arts
Bradley Academy traces its roots back to 1952, when the York Academy of Arts was established. For many years, the school was located on East Philadelphia Street in York. Now, Bradley Academy is housed in a contemporary 38,000 square foot building in a suburban location. Bradley Building Opened in A
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announced 9/20/2017 via Company Press Release

John Wesley University will be merged with Piedmont International University,

synopsis: The Trustee Boards of John Wesley University and Piedmont International University agreed to merge John Wesley University with Piedmont International. John Wesley University is an accredited, private Christian college that delivers undergraduate, graduate and doctoral degree programs in on-campus, online, and in blended environments.
buyer: Piedmont International University
Piedmont International University is a private Bible College and Graduate School and is a recognized leader of Bible centered higher education. Piedmont trains students to find significance for effective ministry at a most affordable price. "
target: John Wesley University
John Wesley University is an accredited, private interdenominational Christian college that delivers undergraduate, graduate and doctoral degree programs in on-campus, online, and in blended environments. The university stresses family values, Judeo-Christian ethics, and biblical morality.
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closed 5/25/2016 via Company Press Release

Nebraska Christian College merged with Hope International University,

synopsis: Hope International University (HIU) announces the finalization of its historic merger with Nebraska Christian College (NCC) in Papillion, Nebraska. Nebraska Christian College was established in 1945 as an institution of Christian higher education that seeks to bring glory to God by calling people to know Christ.
buyer: Hope International University
Hope International University's mission is to empower students through Christian higher education to serve the Church and impact the world for Christ. HIU is regionally accredited and offers bachelor’s and master’s degrees, certificate programs, and credential programs. "
target: Nebraska Christian College
Nebraska Christian College was established in 1945 as an institution of Christian higher education that seeks to bring glory to God by calling people to know Christ, preparing disciples with skills for ministry, and sending them out to make Christ known.
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EV / rev
EV / EBITDA
closed 7/3/2013 via BNC Analysis

Florida Christian College, acquired Johnson University

synopsis: Johnson University has merged with Florida Christian College to form a two-state Johnson University System that will include an online educational program. Florida Christian College, Inc. is an educational institution that offers undergraduate programs in Kissimmee, Fl.
buyer: Florida Christian College
Florida Christian College, Inc. is an educational institution that offers undergraduate programs. The institution was founded in 1976 and is based in Kissimmee, Florida. "
target: Johnson University
Since 1893 Johnson University has provided a quality, affordable Christian education to those who desire to impact the world in the name of Christ. Founded as a school to train preachers, Johnson has grown in both size and scope.
price ($mm)
$10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2006 via PR Newswire

Kaplan, Inc., acquired Hong Kong Putonghua Vocational School (HKPVS)

synopsis: Kaplan, Inc., one of the world's leading providers of educational services, has acquired Hong Kong Putonghua Vocational School (HKPVS), a leading provider of Mandarin language training in Hong Kong. The terms of the agreement were not disclosed.
buyer parent: The Washington Post Company
buyer: Kaplan, Inc.
Kaplan, Inc., is a leading international provider of educational and career services for individuals, schools and businesses. Kaplan serves students of all ages through a wide array of offerings including higher education, test preparation, professional training and programs for kids and schools. "
target: Hong Kong Putonghua Vocational School (HKPVS)
Established in 1973, Hong Kong Putonghua Vocational School (HKPVS) provides Mandarin language instruction for individual students and executive learners, including international professionals seeking to improve business links in the region.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/18/2018 via GlobeNewswire

Berkeley College, acquired Rennert International

synopsis: Berkeley Language Services, a subsidiary of Berkeley Educational Services of New York (BES), acquired Rennert International, a New York City-based international language school, teacher training center and translation services provider. BES is the parent of Berkeley College, a family-owned institution with campuses in New York and New Jersey.
buyer: Berkeley College
Berkeley College, established in 1931, is a regionally accredited college providing excellence in teaching and learning through a student-focused approach to career education. "
target: Rennert International
Founded in 1973, Rennert International is a full-service language school, teacher-training center and translation services provider. Their specialties include translation and interpretation services, English and international language instruction, Teen language programs, and ESOL teaching training.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/10/2017 via BNC Analysis

iCollege Ltd., acquired Australian Capital College

synopsis: iCollege has bought Australian Capital College, a CRICOS accredited education institution based in ACT, Australia. Australian Capital College is a private college set up to facilitate international students' desire to study in Australia, with courses in English, Business Administration, and Leadership and Management.
buyer: iCollege Ltd. (ASX:ICT:$1.58)
iCollege Limited is a vocational education and training organisation that provides both accredited and non-accredited training solutions to existing workers, job seekers and school leavers throughout Australia and abroad. "
target: Australian Capital College
Australian Capital College is a private college set up to facilitate international students' desire to study in Australia. They offer courses in English, Business Administration, and Leadership and Management.
price ($mm)
$0.18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2016 via BNC Analysis

iBosses Corporation Limited, acquired Straits Institute Pte Ltd.

synopsis: iBosses Corporation Limited is pleased to announce the acquisition of a 70% strategic interest in the share capital of Straits Institute Pte Ltd. Straits Institute's principal acivity is commercial schools offering higher education.
buyer: iBosses Corporation Limited (ASX:IB8:$0.85)
The iBosses Group is dedicated to inspiring and leading potential entrepreneurs in their pursuit of success through their individually-tailored training programmes. "
target: Straits Institute Pte Ltd.
Straits Institute Pte Ltd has been operating for more than 12 years. The principal activity is commercial schools offering higher education. Straits Institute started as Telelingua Eduational Centre Pte Ltd and developed into one of the biggest language training centre in Singapore.
price ($mm)
$0.01*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/30/2014 via Wall Street Journal

Loyalist Group Limited, will acquire Study English In Canada, Inc.

synopsis: Loyalist Group Limited is pleased to announce that it has entered into a definitive agreement for the acquisition of Study English in Canada ("SEC"), a licensed English-as-a-second-language (ESL) school operator with campuses in Toronto and Vancouver.
buyer: Loyalist Group Limited (TSX-V:LOY:$47.90)
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs. "
target: Study English In Canada, Inc.
Study English in Canada is a prestigious English Preparation School. SEC offers highly tailored, results-driven programs at both its Toronto and Vancouver campuses. Its curriculum structure allows students to design personal, specialized schedules in order to reach their goals.
price ($mm)
$4.38
rev ($mm)
$9
EBITDA ($mm)
EV / rev
0.6x
EV / EBITDA
closed 1/27/2016 via BNC Analysis

LCI Education, acquired Canadian as a Second Language Institute

synopsis: LCI Education, a network of postsecondary campuses around the world, has acquired the Canadian as a Second Language Institute. CSLI specializes in Conversational English classes and provides an active and engaging environment where students can get comfortable speaking English and learn to communicate effectively and with ease.
buyer: LCI Education
Present on 5 continents, the LCI Education network consists of 22 post-secondary campuses in 12 countries, and some 1,500 employees offering instruction to over 10,000 students throughout the world each year. "
target: Canadian as a Second Language Institute
Canadian as a Second Language Institute specializes in Conversational English classes. They provide an active and engaging environment where students can get comfortable speaking English and learn to communicate effectively and with ease.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/2/2008 via PR Newswire

CIBT Education Group Inc., will acquire Concordia Group

synopsis: CIBT Education Group Inc. is pleased to report that it has entered into an agreement with Concordia Career College and Modus International Language Institute (collectively "Concordia Group") of Vancouver, BC to acquire all the revenue, fixed assets, licensing rights, and intellectual properties.
buyer parent: Capital Alliance Group Inc.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management and investment company with a special focus on the global education market. Its subsidiaries include CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp. "
target: Concordia Group
Concordia Group is the parent of Concordia Career College and Modus International Language Inst. Concordia and Modus are both established career and English language schools with a special focus on the Korean, Japanese and Latin American markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/8/2016 via Company Press Release

inspirED, will acquire Umhlanga College

synopsis: Inspired, a leading operator of premium schools in Europe, Australia and Africa, is pleased to announce that it has signed a definitive agreement to acquire Umhlanga College. Umhlanga College provides an outstanding education to 775 students between the ages of three and 18 years old.
buyer: inspirED
A definitive statement of excellence in private education, Inspired is a co-educational, non-denominational, independent school group designed to inspire students to achieve their maximum potential in a nurturing, progressive academic environment from ages 1 to 18. "
target: Umhlanga College
Umhlanga College is a world class, independent, Christian school that treasures its past, values its present and looks forward with anticipation to its future. It has grown rapidly to its present number of 750 pupils spread across our Playgroup, Pre-School, Foundation and Intermediate Phases.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2014 via BusinessWire

Kuepa, acquired Cedumec

synopsis: Kuepa.com has acquired Cedumec, one of Latin America’s workforce development schools, which provides courses and other educational programs for adults in Mexico City. Cedumec provides training in computer science, computer assembly and repair, English language, and CENEVAL, a standardized test for adults who wish to validate high school studies.
buyer: Kuepa
Kuepa provides workforce development blended and online learning solutions to adults throughout Latin America. Through its proprietary platform and blended learning content, Kuepa has trained over 30,000 students since its founding three years ago. "
target: Cedumec
Cedumec is an institution with over 30 years of experience in providing quality education for adults. It provides training in computer science, computer assembly and repair, English language, and CENEVAL, a standardized test for adults who wish to validate high school studies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/14/2019 via Company Press Release

Australian Apex Education Pty Ltd, will purchase Ability Education and MEGT Institute from MEGT

synopsis: Australian Apex Education, a subsidiary of SDM Group Holdings and a leading provider of Vocational Education and Training, will acquire Ability Education and Institute Training (MEGT Institute) from MEGT. Ability Education provides English courses to international students. Institute Training provides courses on early childhood education and care.
buyer parent: SDM Jazz and Ballet Academie
buyer: Australian Apex Education Pty Ltd
Apex Institute of Education is one of Australia's leading private providers of Vocational Education and Training for international and domestic students. Apex offers a range of quality courses developed and taught by highly experienced and qualified trainers in a diverse and inclusive environment. "
seller: MEGT
Ability Education provides English courses covering conversational, practical and academic English to international students. Institute Training is a Registered Training Organisation in Australia and a specialist provider for national accredited courses on early childhood education and care.
price ($mm)
$3.28
rev ($mm)
$10
EBITDA ($mm)
$0
EV / rev
0.3x
EV / EBITDA
12.7x
announced 10/17/2018 via GlobeNewswire

Anvia Holdings, will acquire The Eagle Academy

synopsis: Anvia Holdings Corporation announced that it has executed a term sheet to acquire Xamerg Pty Ltd, an Australian Vocational Education institution, trading under the brand Eagle Academy. The Eagle Academy has established itself as a leading education institution in Sports Management, English Language to foreign students, Business and Management.
buyer: Anvia Holdings (OTCPK:ANVV:$2.35)
Anvia Holdings is the world's integrated end to end service provider for blue collar workers by training, certification, placement services, entrepreneur services and provision of the blue collar services on demand for consumers and businesses around the world. "
target: The Eagle Academy
The Eagle Academy has established itself as a leading education institution in Sports Management, English Language to foreign students, Business and Management. They currently have campuses in two states in Australia: Queensland and Victoria.
price ($mm)
$0.93
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: SGX:T39
 
 
 
 
 
 
 
 
Singapore Press Holdings Ltd.
Singapore Press Holdings Ltd.
Singapore Press Holdings Ltd (SPH) is Southeast Asia's leading media organisation, engaging minds across multiple languages and platforms. SPH owns award-winning newspapers, magazines and best-selling books in both print and digital editions, as well as online classified businesses in the region.
year
2017
rev ($mm)
$761.58
EBITDA ($mm)
$259.03
EBIT ($mm)
$222.38
Net Income ($mm)
$148.41
Employees
4473
  • drill down
  • watch
Ticker: ENXTAM:TMG
 
 
 
 
 
 
 
 
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V. (TMG) is one of the largest media companies in the Netherlands. Their publication brands include De Telegraaf, DFT, Telesport, Metro, Autovisie, Privé and VROUW. They also have radio and online video brands such as Sky Radio and Telegraaf VNDG.
year
2017
rev ($mm)
$490.06
EBITDA ($mm)
$19.69
EBIT ($mm)
$7.23
Net Income ($mm)
$1.82
Employees
1484
  • drill down
  • watch
Ticker: KLSE:MEDIA
 
 
 
 
 
 
 
 
Media Prima Bhd
Media Prima Bhd
As Malaysia’s largest media company, Media Prima enriches millions of lives across the country every day with award- winning content. Media Prima is in the business of providing news, information and entertainment through their integrated media platforms.
year
2018
rev ($mm)
$300.81
EBITDA ($mm)
($0.90)
EBIT ($mm)
($24.87)
Net Income ($mm)
Employees
3919
  • drill down
  • watch
Ticker: OTCPK:SDIG
 
 
 
 
 
 
 
 
StationDigital
StationDigital is a multimedia digital broadcast company that offers free music, music videos, movies and TV with over 30 million songs and titles. They provide both genre-based and artist-based discovery stations to suit an endless variety of tastes.
year
2014
rev ($mm)
$0.08
EBITDA ($mm)
($11.81)
EBIT ($mm)
($11.82)
Net Income ($mm)
Employees
2
  • drill down
  • watch
Ticker: SALM
 
 
 
 
 
 
 
 
Salem Media Group
Salem Media Group
Salem Media Group is America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
year
2019
rev ($mm)
$257.87
EBITDA ($mm)
$35.51
EBIT ($mm)
$20.88
Net Income ($mm)
Employees
1363
  • drill down
  • watch
Ticker: JP:4842
 
 
 
 
 
 
 
 
Usen Corporation
Usen Corp. ("Usen") is a Tokyo-based cable broadcaster and media content provider. The company’s Broadcasting segment primarily engages in the operation and management of cable radio broadcasting services
year
2015
rev ($mm)
$558.35
EBITDA ($mm)
$137.30
EBIT ($mm)
$78.82
Net Income ($mm)
$53.80
Employees
3034
  • drill down
  • watch
Ticker: ASX:AKG
 
 
 
 
 
 
 
 
Academies Australasia Pty Limited
Academies Australasia is an education provider that service through 10 separately colleges operating in Australia and Singapore. They offer English language, Senior High School, Singapore Government School Preparatory Certificate, Diploma, Advanced Diploma, Bachelor and Master degree courses.
year
2013
rev ($mm)
$37.46
EBITDA ($mm)
$6.18
EBIT ($mm)
$5.53
Net Income ($mm)
$4.13
Employees
47
  • drill down
  • watch
Ticker: TSE:4735
 
 
 
 
 
 
 
 
Kyoshin Co., Ltd.
Kyoshin Co., Ltd.
Kyoshin Co., Ltd. is a Japanese company that operates cram schools in Japan, Germany, China, and the USA. Their schools are aimed at primary to high school students. Kyoshin provides services for exam preparation, English language learning for young children, and Japanese language learning.
year
2018
rev ($mm)
$162.12
EBITDA ($mm)
$12.17
EBIT ($mm)
$4.76
Net Income ($mm)
$4.86
Employees
1463
  • drill down
  • watch
Ticker: MBA
 
 
 
 
 
 
 
 
CIBT Education Group Inc.
CIBT Education Group Inc.
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries.
year
2012
rev ($mm)
$57.97
EBITDA ($mm)
$2.61
EBIT ($mm)
($0.20)
Net Income ($mm)
Employees
564
  • drill down
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Ticker: EDU
 
 
 
 
 
 
 
 
New Oriental
New Oriental
New Oriental is the largest comprehensive educational company in China. The business of New Oriental includes pre-school education, general courses for students of various age levels, online education, overseas study consulting, and textbook publishing.
year
2012
rev ($mm)
$771.72
EBITDA ($mm)
$143.16
EBIT ($mm)
$116.80
Net Income ($mm)
$132.69
Employees
18763
  • drill down
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Ticker: TSX-V:LOY
 
 
 
 
 
 
 
 
Loyalist Group Limited
Loyalist Group Limited
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs.
year
2014
rev ($mm)
$47.90
EBITDA ($mm)
$5.40
EBIT ($mm)
$4.40
Net Income ($mm)
$3.00
Employees
24
  • drill down
  • watch
Ticker: TSE:6096
 
 
 
 
 
 
 
 
RareJob Inc.
With the largest number of students, RareJob is the top online English school in Japan. They have provided over 10,000,000 lessons and have helped more than 10,000 Filipino tutors. They aim to provide the best learning experience to students and the most ideal working environment for their tutors.
year
2018
rev ($mm)
$30.81
EBITDA ($mm)
$2.73
EBIT ($mm)
$1.24
Net Income ($mm)
$0.44
Employees
523
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