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Group Nine Media buys PopSugar

  • Region:

    United States of America

  • Sector:

    Media

  • Deal Size:

    $300 million

  • Buy Side Company:

    Group Nine Media
  • Sell Side Company:

  • Target Company:

    PopSugar, Inc.

Group Nine Media has agreed to buy PopSugar Inc. The deal values PopSugar at more than $300 million, according to press reports. PopSugar is a women-focused online publisher and media company with a significant millennial audience. The company has raised $41 million in funding from Sequoia Capital and IVP.

Tags:

Mergers and Acquisitions,M&A,M&A deals