Time Out Chicago
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Time Out Chicago - overview
Location
Chicago, IL, US
Primary Industry
Media
About
Time Out Chicago is a digital platform that provides curated content focused on events, activities, dining, and cultural experiences in Chicago, catering to both locals and visitors. Time Out Chicago is a digital platform that offers insights into cultural experiences and activities in Chicago. The company was acquired by Time Out London, a portfolio company of Oakley Capital, in April 2013. The headquarters is based in Chicago, US.
The founder's information is not available. Time Out Chicago primarily offers a comprehensive digital platform that provides curated content related to events, activities, dining, and cultural experiences in Chicago. Its core product is an online magazine that features a wide range of articles and guides, helping residents and tourists navigate the city's diverse offerings. The platform serves as a resource for various end users, including locals seeking to explore their city and visitors looking for recommendations on things to do.
Additionally, Time Out Chicago operates a newsletter subscription service that delivers personalized content directly to subscribers' inboxes, enhancing engagement with the audience. The geographical market for these offerings spans not only Chicago but also other major cities globally, as the company operates on an international scale with similar city-specific platforms. Time Out Chicago generates revenue primarily through advertising and sponsorships featured on its digital platform. The business model includes partnerships with local businesses, such as restaurants, bars, and event organizers, who seek to reach a targeted audience interested in cultural and entertainment options.
Additionally, the company may implement a subscription model for premium content or exclusive offers, providing value to users who want enhanced access to information. Revenue from advertising is typically structured around campaigns tailored to specific local events or promotions, allowing businesses to engage with potential customers effectively. This transaction structure supports various pricing models, where rates may vary based on the visibility and duration of the advertising placements. The flagship offerings, encompassing both digital and newsletter content, consolidate the company's position as a leading authority on local experiences in Chicago and beyond.
Time Out Chicago plans to leverage its recent acquisition to enhance its digital offerings and expand its market reach. New products are being developed to improve user engagement, with expected releases in the upcoming quarters. The company aims to target additional major U. S.
cities for expansion by 2024. The funding from the acquisition will be used to support these growth initiatives, allowing Time Out Chicago to further establish its presence in the digital media landscape.
Current Investors
Time Out London
Primary Industry
Media
Sub Industries
Digital Media
Website
www.timeoutchicago.com
Verticals
Social Media
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Time Out Chicago - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Time Out Chicago | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.