Media24 Group Overview
- Year Founded
-
1950
- Status
-
Acquired/Merged
- Employees
-
2,482
- Latest Deal Type
-
M&A
- Financing Rounds
-
1
- Investments
-
11
Media24 Group General Information
Description
Provider of publishing and media services intended to support content production and distribution. The company offers newspapers, magazines, books, television, e-commerce and logistics, enabling readers, viewers and retailers to access publications and manage delivery.
Contact Information
Website
www.media24.com(Operating Subsidiary)
Corporate Office
- 40 Heerengracht
- Cape Town, 8001
- South Africa
Corporate Office
- 40 Heerengracht
- Cape Town, 8001
- South Africa
Media24 Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Media24 Group Comparisons
Industry
Financing
Details
Media24 Group Competitors (9)
One of Media24 Group’s 9 competitors is Sharethrough, a Private Equity-Backed company based in Montreal, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sharethrough | Private Equity-Backed | Montreal, Canada | ||||
| Lyfe Marketing | Corporation | Atlanta, GA | ||||
| Axel Springer | Private Equity-Backed | Berlin, Germany | ||||
| AdEspresso | Formerly VC-backed | San Francisco, CA | ||||
| VaynerMedia | Venture Capital-Backed | New York, NY |
Media24 Group Signals
Media24 Group Investments & Acquisitions (11)
Media24 Group’s most recent deal was a Seed Round with Mediababy for . The deal was made on 01-Feb-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Mediababy | 01-Feb-2024 | Seed Round | Media and Information Services (B2B) | ||
| Swipe iX | 03-Jun-2020 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| NicheStreem | 15-Mar-2017 | Corporate | Entertainment Software | ||
| Strika Communications | 01-Jan-2014 | Merger/Acquisition | Media and Information Services (B2B) | ||
| Rubybox | 17-Sep-2013 | Merger/Acquisition | Personal Products |
Media24 Group Exits (4)
Media24 Group’s most recent exit was on 01-Feb-2024 from Mediababy. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Mediababy | 01-Feb-2024 | Completed |
|
||
| NicheStreem | 15-Mar-2017 | Completed |
|
||
| The Natal Witness Printing & Publishing Company | 14-May-2012 | Completed |
|
||
| The Natal Witness Printing & Publishing Company | 01-Jan-2000 | Merger/Acquisition | Completed |
Media24 Group Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Swipe iX | Durbanville, South Africa | 2014 | |
| Strika Communications | Cape Town, South Africa | 2001 | |
| Netwerk24 | Johannesburg, South Africa | 1974 |
Media24 Group FAQs
-
When was Media24 Group founded?
Media24 Group was founded in 1950.
-
Where is Media24 Group headquartered?
Media24 Group is headquartered in Cape Town, South Africa.
-
What is the size of Media24 Group?
Media24 Group has 2,482 total employees.
-
What industry is Media24 Group in?
Media24 Group’s primary industry is Media and Information Services (B2B).
-
Is Media24 Group a private or public company?
Media24 Group is a Private company.
-
What is Media24 Group’s current revenue?
The current revenue for Media24 Group is .
-
Who are Media24 Group’s competitors?
Sharethrough, Lyfe Marketing, Axel Springer, AdEspresso, and VaynerMedia are some of the 9 competitors of Media24 Group.
-
When was Media24 Group acquired?
Media24 Group was acquired on 29-Jun-2017.
-
Who acquired Media24 Group?
Media24 Group was acquired by Naspers.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process