Transom Capital Acquires BridgeTower Media
November 3, 2020
Transom Capital Group has acquired BridgeTower Media, a B2B information, research, events and marketing platform formerly a subsidiary of Gannett Co. BridgeTower operates more than 40 print and digital brands across 25+ U.S. markets; Transom said it will invest in technology and resources to grow the business. Cerberus Business Finance provided financing for the transaction and JEGI acted as financial advisor to Gannett.
- Buyers
- Transom Capital Group
- Targets
- BridgeTower Media
- Sellers
- Gannett Co., Inc.
- Industry
- Media & Entertainment
- Location
- Minnesota, United States
- Transaction Type
- Divestiture
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