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Penske Media Corporation: Ma Activity
Penske Media in advanced talks to acquire remaining Vox Media brands including SB Nation, The Verge, Eater, Popsugar, and The Dodo. Deal could close in approximately two months. Current Vox CRO Ryan Pauley expected to lead the combined portfolio post-closing.
Source: Awful Announcing
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in the sector.
Market context: Against a Talent Market Index of 107.4 (Hot) (down 1.7 month-on-month), Americas is at rising (+10.6pts) on signal share.
Penske Media Corporation: 2 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 28 days.
Also at Penske Media Corporation →
More signals across Americas
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Ma Activity · Americas
Brookfield →Brookfield announced acquisition of Aypa Power from Blackstone Energy Transition Partners. Aypa operates approximately 6.5 GW of battery storage capacity with a 20+ GW development pipeline in North America.
Ma Activity · Americas
SoundCloud →SoundCloud acquired Nina Protocol, an independent-music streaming service that recently announced shutdown. Acquisition consolidates independent music distribution capabilities.
Ma Activity · Americas
Nextpower →Nextpower completed acquisition of Prevalon Energy, a U.S. battery energy storage systems provider with 6 GWh portfolio and power stabilization technology.
“We've been serving more than 45 countries and have held leading market positions across North America, South America, Australia, Europe, India and the Middle East. Typically, when we add new solutions, we'll start in one region and then roll them out globally”
Ma Activity · Americas
duPont REGISTRY Group →duPont REGISTRY Group signed a non-binding letter of intent to acquire controlling stake in Earth Motorcars, a Dallas-based luxury and exotic vehicle dealership. Transaction would establish presence in Texas and rebrand the location as duPont REGISTRY Dallas.
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