M&A Program

History

At ¸£Àû¼§ÊÓƵ, we employ a systematic and repeatable acquisition program designed for speed, conviction, and consistency in results. Through $3.0B1 of capital deployed on M&A, ¸£Àû¼§ÊÓƵ today represents a collection of digital media and software businesses that have been acquired, enhanced, and scaled since 2013. Our success stems from our rigorous and analytical approach to M&A, which leverages deep industry knowledge, technological expertise, operational excellence, and investment acumen.

Philosophy

Our primary focus is to invest capital for long-term appreciation. We invest in businesses that can generate predictable growing free cash flow over long horizons. As that cash accumulates, we recycle it into future investments of the same nature. Our M&A Program is designed specifically to support this pursuit of disciplined growth, optimization, and free cash flow generation – resulting in long-term shareholder value creation.

Targets

We invest in businesses with the following characteristics:

(1) Includes acquisitions from 2013 through June 2024, plus the ¸£Àû¼§ÊÓƵ acquisition from late 2012. This reflects only the businesses that comprise the ¸£Àû¼§ÊÓƵ portfolio following the spin of Consensus in 2021 and excludes divested businesses, assets held for sale, and assets that traveled with the spin of Consensus.

Contact our Corporate Development team for more information on our Acquisition System.

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Transactions

2024

Sector:
Technology
Transaction Type:acquisition

San Francisco, CA
2024

Sector:
Gaming & Entertainment
Transaction Type:acquisition

United Kingdom
2024

Sector:
Shopping
Transaction Type:acquisition

Los Angeles, CA
2023

Sector:
Health & Wellness
Transaction Type:acquisition

Houston, TX
2023

Sector:
Technology
Transaction Type:acquisition

New York, NY
2022

Sector:
Connectivity
Transaction Type:acquisition

Sweden
2022

Sector:
Gaming & Entertainment
Transaction Type:acquisition

Los Angeles, CA
2022

Sector:
Health & Wellness
Transaction Type:acquisition

Boston, MA
2022

Sector:
Health & Wellness
Transaction Type:acquisition

United Kingdom
2021

Sector:
Technology
Transaction Type:spinoff

Los Angeles, CA
2021

Sector:
Connectivity
Transaction Type:acquisition

Bellevue, WA
2021

Sector:
Connectivity
Transaction Type:acquisition

Denver, CO
2021

Sector:
Health & Wellness
Transaction Type:acquisition

Cleveland, OH
2021

Sector:
Cybersecurity
Transaction Type:divesture

Worldwide
2021

Sector:
Cybersecurity
Transaction Type:divesture

Worldwide
2021

Sector:
Cybersecurity
Transaction Type:divesture

Worldwide
2021

Sector:
Marketing Technology
Transaction Type:acquisition

Seattle, WA
2021

Sector:
Health & Wellness
Transaction Type:acquisition

Santa Barbara, CA
2021

Sector:
Marketing Technology
Transaction Type:divesture

United Kingdom
2020

Sector:
Cybersecurity
Transaction Type:acquisition

San Antonio, TX
2020

Sector:
Technology
Transaction Type:acquisition

Waltham, MA
2020

Sector:
Shopping
Transaction Type:acquisition

Austin, TX
2020

Sector:
Marketing Technology
Transaction Type:divesture

Australia
2020

Sector:
Connectivity
Transaction Type:acquisition

United Kingdom
2020

Sector:
Marketing Technology
Transaction Type:acquisition

Dallas, TX
2020

Sector:
Health & Wellness
Transaction Type:acquisition

Irvine, CA
2019

Sector:
Cybersecurity
Transaction Type:acquisition

Gibraltar
2019

Sector:
Health & Wellness
Transaction Type:acquisition

San Francisco, CA
2019

Sector:
Technology
Transaction Type:acquisition

Austin, TX
2019

Sector:
Cybersecurity
Transaction Type:acquisition

Israel
2019

Sector:
Cybersecurity
Transaction Type:acquisition

Dallas, TX
2019

Sector:
Marketing Technology
Transaction Type:acquisition

Raleigh, NC
2018

Sector:
Health & Wellness
Transaction Type:acquisition

New York, NY
2018

Sector:
Marketing Technology
Transaction Type:acquisition

London, UK
2018

Sector:
Connectivity
Transaction Type:acquisition

Finland
2018

Sector:
Connectivity
Transaction Type:acquisition

Memphis, TN
2018

Sector:
Technology
Transaction Type:acquisition

India
2018

Sector:
Cybersecurity
Transaction Type:acquisition

Clearwater, FL
2018

Sector:
Marketing Technology
Transaction Type:acquisition

San Francisco, CA
2018

Sector:
Health & Wellness
Transaction Type:acquisition

Fort Lauderdale, FL
2017

Sector:
Gaming & Entertainment
Transaction Type:acquisition

San Francisco, CA
2017

Sector:
Technology
Transaction Type:acquisition

New York, NY
2017

Sector:
Shopping
Transaction Type:acquisition

Vancouver, BC
2017

Sector:
Health & Wellness
Transaction Type:acquisition

Denver, CO
2017

Sector:
Health & Wellness
Transaction Type:divesture

Cambridge, MA
2017

Sector:
Health & Wellness
Transaction Type:divesture

Roswell, GA
2016

Sector:
Marketing Technology
Transaction Type:acquisition

Australia
2016

Sector:
Technology
Transaction Type:acquisition

India
2016

Sector:
Health & Wellness
Transaction Type:acquisition

New York, NY
2016

Sector:
Shopping
Transaction Type:acquisition

Austin, TX
2015

Sector:
Cybersecurity
Transaction Type:acquisition

San Mateo, CA
2014

Sector:
Connectivity
Transaction Type:acquisition

Seattle, WA
2014

Sector:
Cybersecurity
Transaction Type:acquisition

United Kingdom
2013

Sector:
Gaming & Entertainment
Transaction Type:acquisition

San Francisco, CA