IAC Inc.
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IAC Inc. - overview
Location
New York, NY, US
Primary Industry
Financial Services
About
IAC Inc. is a diversified media and internet company that operates a portfolio of brands across various sectors, including digital publishing and consumer services, to meet diverse consumer needs. Founded by a group of entrepreneurs, including Aina Andriamananjara and Alex Cabon, IAC Inc. is based in New York, US.
The company has evolved its business strategy over time, although specific pivots are not detailed. It is known for its portfolio of brands rather than functioning as a subsidiary of a larger parent company. IAC operates a diverse portfolio of digital products and services that cater to a wide array of consumer needs. The company encompasses multiple iconic brands, including Dotdash Meredith, Care.
com, and The Daily Beast, each providing distinct solutions in their respective markets. For instance, Dotdash Meredith offers a suite of online resources and tools aimed at enhancing consumer lifestyles, while Care. com focuses on connecting families with care providers for children, seniors, and pets. The core offerings of IAC’s brands are designed to engage millions of users daily, addressing challenges in information access, personal care, and digital media consumption.
These products are primarily available in the United States, with select services expanding into international markets, thereby broadening their client base and enhancing consumer engagement. IAC generates revenue through a combination of subscription models, advertising, and direct-to-consumer sales across its various brand platforms. For example, Care. com typically operates on a membership subscription basis, where families pay to access a network of caregivers.
Other brands, such as Dotdash Meredith, may leverage advertising revenue through content-driven platforms that attract significant user engagement. Transactions are structured to facilitate ongoing relationships with consumers, evidenced by the recurring nature of subscriptions and partnerships with advertisers. This business model allows IAC to create a steady stream of revenue through both consumer subscriptions and advertising partnerships, capitalizing on its digital ecosystem and the loyalty of its user base.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.iac.com
Verticals
FinTech
Total Amount Raised
Subscriber access only
IAC Inc. - 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, Trade Sale | Announced | Care.com, Inc. | - | ||||||||
| LP Direct, Trade Sale | Completed | Verifly Insurance Services, Inc. | - | ||||||||
| N/A | Completed | - | |||||||||
| Buyout | Completed | PriceRunner International AB | - | ||||||||
| Trade Sale | Completed | Tutor.com, Inc. | - |
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