Nexstar Acquires The Hill for $130 Million

Nexstar Acquires BestReviews from Tribune Publishing

December 16, 2020

Media & Entertainment

Nexstar Inc., a subsidiary of Nexstar Media Group, agreed to acquire BestReviews LLC from Tribune Publishing Company and BR Holding Company, Inc. for $160 million in cash. Tribune owned 60% and the founders (BR Holding) owned 40%; the deal strengthens Nexstar's digital content and commerce capabilities and is expected to close following customary approvals.

Great Hill Partners Acquires Storyblocks

June 25, 2020

Media & Entertainment

Boston-based private equity firm Great Hill Partners has agreed to acquire Storyblocks, a subscription-based stock media company headquartered in Arlington, Virginia. The investment will provide capital to expand Storyblocks' library, add creative tools, and accelerate product capabilities to support growing demand for affordable, high-quality video and digital content.

Nexstar Acquires 75% Stake in The CW from Warner Bros. Discovery and Paramount Global

October 3, 2022

Media & Entertainment

Nexstar Media Group has closed its previously announced acquisition of a 75% ownership interest in The CW Network, LLC from co-owners Warner Bros. Discovery and Paramount Global, which will each retain a 12.5% stake. Nexstar named Dennis Miller President of The CW and will pursue integration of the network with its broadcast and digital assets to expand distribution and advertising opportunities.

Blackhawk Network Acquires CashStar for $175 Million

August 31, 2017

Payments & Fintech

Blackhawk Network Inc. acquired CashStar Inc., a Portland-based provider of gift card commerce solutions, for approximately $175 million in cash. The deal strengthens Blackhawk's position in the first-party digital gift card market and is expected to be earnings neutral in fiscal 2017 and accretive in 2018 after synergies.

HubSpot Acquires The Hustle

February 3, 2021

Media & Entertainment

HubSpot has signed an agreement to acquire The Hustle, a digital media company known for its daily newsletter, podcast and premium research subscription. The acquisition expands HubSpot's content and audience capabilities to better serve entrepreneurs and scaling companies across newsletters, podcasts and research offerings.

Great Hill Partners Acquires Majority Stake in notonthehighstreet

February 9, 2021

E-Commerce

Boston-based growth equity firm Great Hill Partners has acquired a majority stake in UK curated online marketplace notonthehighstreet, with existing investors Burda Principal Investments and Industry Ventures remaining as shareholders. The investment will support the company’s rapid growth by expanding its marketplace reach, accelerating its tech and product roadmap, and developing new product categories and discovery capabilities for customers and small-business partners.