NTWRK Acquires Complex from BuzzFeed

Newport Specialty Partners Makes Majority Investment in Complex Coverage, Inc.

April 27, 2026

Insurance

Newport Specialty Partners, a newly formed specialty insurance platform backed by Lovell Minnick Partners, announced it has made a majority investment in Complex Coverage, Inc., a managing general agency focused on homeowners and personal lines insurance in New York. The partnership is described as Newport’s first platform acquisition and will support expanded carrier capacity, broader product offerings, and continued investment in Complex Coverage’s operational infrastructure.

Connect Media Acquires Networld Media Group

January 30, 2026

Media & Entertainment

Connect Media, a Los Angeles-based B2B media company, has acquired Louisville-based Networld Media Group, a business-to-business news and events operator serving the restaurant, retail, banking and self-service technology sectors. The deal expands Connect Media's media and events footprint into adjacent verticals and grows the combined team's headcount to more than 60 employees; terms were not disclosed.

U.S. News & World Report Acquires TeenLife

August 14, 2024

Education

U.S. News & World Report has acquired TeenLife, an online discovery platform for experiential learning opportunities for students in grades 7–12. TeenLife will join U.S. News's CollegeAdvisor division to expand student-facing resources and integrate TeenLife's directory, guides and virtual events with CollegeAdvisor's admissions support offerings.

Complex Acquires Family Style Food Festival

May 30, 2024

Media & Entertainment

Complex, the Los Angeles-based youth culture media platform, has acquired Family Style Food Festival, a Los Angeles-born festival that blends food, streetwear and entertainment. The acquisition will make Family Style Complex's new food-focused vertical, expand the festival into new markets (including a pop-up at ComplexCon 2024), and scale the brand's media and event offerings.

U.S. News & World Report Acquires Culture Trip

February 27, 2024

Media & Entertainment

U.S. News & World Report has acquired TheCultureTrip.com from Culture Trip Travel UK Ltd., adding the travel website and its marketplace for small, insider-led group trips to U.S. News' travel franchise. The Culture Trip site — founded in London in 2011 with 75,000+ travel articles, millions of monthly users and a dedicated apps audience — will continue to operate under the Culture Trip brand; terms were not disclosed.

BuzzFeed to Acquire Complex Networks; Merge With 890 5th Avenue Partners to Become Public

December 3, 2021

Media & Entertainment

BuzzFeed agreed to merge with SPAC 890 5th Avenue Partners, Inc. to become a publicly listed company, with the combination expected to close in Q4 2021. In connection with the merger, BuzzFeed also agreed to acquire global youth entertainment network Complex Networks for $300 million, consisting of $200 million in cash and $100 million in BuzzFeed equity, with completion expected simultaneously upon closing of the BuzzFeed–890 deal.