SourceMedia
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SourceMedia - overview
Established
2004
Location
New York, NY, US
Primary Industry
Media
About
SourceMedia is a prominent provider of industry-focused content and insights, specializing in journalism, analysis, and research tailored to sectors like finance, insurance, and municipal finance. Founded in 2004 and headquartered in New York, US, SourceMedia focuses on delivering specialized content and insights. The company underwent a pivot when it was acquired by Reed Elsevier in a TRADE SALE round, raising a total of GBP 343. 00 mn.
The founder, Ahmet Demirhan, has a history of entrepreneurship, while Jeff Mancini serves as the current CEO. SourceMedia delivers high-quality, industry-focused content through multiple platforms, including journalism, analysis, and primary research tailored to sectors such as accounting, banking, employee benefits, insurance, mortgages, municipal finance, and wealth management. Their services include industry benchmarking, trend analysis, and forums that connect executives to discuss transformative ideas. The offerings cater to various clients, from financial institutions to professionals seeking insights.
In 2004, SourceMedia reported a revenue of GBP 170,000,000. The company generates income through a structured model that includes subscriptions and partnerships, offering access to premium content, reports, and events that facilitate networking and knowledge exchange. In July 2016, SourceMedia reached a significant milestone when Markets Media agreed to acquire Traders Magazine. This acquisition aligns with SourceMedia's strategy to enhance their offerings.
Moving forward, the company plans to introduce new products that expand their service range and increase their market reach, although specific details about upcoming products or geographic expansions have not been disclosed.
Current Investors
Observer Capital
Primary Industry
Media
Sub Industries
Digital Media
Website
www.sourcemedia.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
SourceMedia - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | SourceMedia | - | ||||||||
| Secondary Buyout | Completed | SourceMedia | - | ||||||||
| Trade Sale | Completed | SourceMedia | - | ||||||||
| Add-on | Completed | Insurance Broadcasting | - | ||||||||
| Buyout | Completed | SourceMedia | - |
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