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G/O was formed in April 2019 when Great Hill Partners, a private equity firm, purchased the websites from Univision for $18.9 million. Prior to the sale, the former Gawker Media properties had operated as Gizmodo Media Group after being acquired by Univision following the conclusion of the Bollea v.
The controversy over the Deadspin article “frustrated” Great Hill Partners, the private-equity firm that owns G/O Media, and “may have helped hasten” the sale of the site, according to a ...
Bregal Sagemount was founded in 2012 by former employees of Goldman Sachs and Great Hill Partners. Gene Yoon, the Managing Partner at Bregal Sagemount, was previously the head of Private Capital Investing at Goldman Sachs in New York. The firm's first fund, Bregal Sagemount I, L.P., was a $650 million investment vehicle.
Great Hill Partners acquisition (2019) In April 2019, private equity firm Great Hill Partners agreed to purchase Gizmodo Media Group and The Onion from Univision. [16] The sale was completed on April 8, 2019, with Gizmodo Media Group and The Onion being combined into a new company named G/O Media .
Boston, MA, based Investment company Great Hill Partners Llc (Current Portfolio) buys Intapp Inc during the 3-months ended 2021Q2, according to the most recent filings of the investment company ...
Storyblocks and Great Hill did not disclose the price of the acquisition. Its early focus was on video content, and until 2017, it operated under the VideoBlocks moniker (before that, it was ...
Great Hill Partners did not disclose the financial terms of the private, all equity transaction but stated in a press release that Spanfeller is an investor. In 2019, G/O Media's sports blog Deadspin received media attention when all of its writers and editors resigned after an edict given by upper management to "stick to sports".
In October 2014, Great Hill Partners, a private-equity firm, invested £80m for a majority stake in the company that owned Cheapflights and momondo, valuing it at £132 million. In February 2015, the South African website was launched. In June 2015, the United Kingdom website was launched as a metasearch engine.