Publibanca Brasil (affiliate of Eletromidia) Acquires Clear Channel Outdoor's Brazil Business

Global Vía Pública (Global Media US LLC) Acquires Clear Channel Outdoor Businesses in Mexico, Peru and Chile

February 6, 2025

Media & Entertainment

Clear Channel Outdoor Holdings, Inc. has completed the sale of its businesses in Mexico, Peru and Chile to Global Media US LLC, doing business as Global Vía Pública, in a simultaneous sign-and-close transaction. Clear Channel received $20 million cash at closing (based on a $34 million enterprise value) and may receive up to an additional $1.25 million in an earn-out; the sale is part of Clear Channel's portfolio optimization to strengthen liquidity and focus on core segments.

Equinox Industries Acquires Clear Channel France from Clear Channel Outdoor

October 31, 2023

Media & Entertainment

Clear Channel Outdoor Holdings, Inc. has completed the sale of its French business, Clear Channel France, to Equinox Industries as part of a broader portfolio optimization. The company said it is initiating a process to sell its Europe‑North segment and conducting a strategic review of its Latin American businesses while engaging financial advisers for those processes.

Bauer Radio Limited (Bauer Media Group) Acquires Clear Channel Outdoor's Europe‑North Segment for $625M

March 31, 2025

Media & Entertainment

Bauer Radio Limited, a subsidiary of Bauer Media Group, has completed the acquisition of the businesses comprising Clear Channel Outdoor Holdings' Europe‑North segment for $625 million. Clear Channel Outdoor received approximately $243 million of net cash proceeds after prepaying outstanding term loans and said it will prioritize using proceeds to reduce leverage and improve its balance sheet.

Goldbach Group (TX Group affiliate) Acquires Clear Channel's Switzerland Business for CHF 86M

December 22, 2022

Marketing & Advertising

Clear Channel Outdoor Holdings, Inc. has entered into a definitive agreement to sell its Switzerland business to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 million (approximately US$92.7 million). The all-cash divestiture is part of Clear Channel's strategic review of its European assets and is expected to close in mid-2023 subject to regulatory approvals and customary conditions.

Grupo Globo Acquires Minority Stake in Eletromidia from H.I.G. Capital

August 30, 2023

Media & Entertainment

Grupo Globo has purchased a minority stake in Eletromidia, Brazil’s leading out-of-home (OOH) media company, from an affiliate of H.I.G. Capital. H.I.G. remains the largest shareholder; Globo said the investment will deepen synergies across its advertising portfolio and help accelerate Eletromidia’s digital and geographic growth.

ClearSale Acquires Beta Learning

January 19, 2022

Software

ClearSale has acquired Brazilian software consultancy Beta Learning Consultoria e Desenvolvimento de Software LTDA for an initial R$40.1 million (approx. USD $7M) plus up to two contingent installments, in the company's first M&A since its 2021 IPO. The deal is an 'acquihire' that brings more than 100 software developers into ClearSale to expand its R&D and accelerate product development for ecommerce fraud protection.