New media investment group
A New Media Investment Group is a company that specializes in acquiring and operating online businesses, often in the form of digital media companies, e-commerce platforms, or online marketplaces. These groups typically focus on investing in and growing online businesses that have a strong potential for scalability and profitability.
New Media Investment Groups often have a diverse portfolio of companies across various industries, including:
- Digital media: Online publishing, content creation, and distribution platforms.
- E-commerce: Online marketplaces, e-commerce platforms, and retail websites.
- Online marketplaces: Platforms that connect buyers and sellers, such as classifieds, job boards, or real estate listings.
- Social media: Social media platforms, influencer marketing, and social media management agencies.
- Technology: Software as a Service (SaaS) companies, mobile app development, and digital marketing agencies.
The goals of a New Media Investment Group typically include:
- Acquiring and growing online businesses with strong potential for scalability and profitability.
- Building a diversified portfolio of companies across various industries.
- Providing strategic guidance and support to portfolio companies to help them achieve their growth potential.
- Creating value through operational improvements, cost reductions, and strategic partnerships.
- Realizing returns on investment through exits, such as mergers and acquisitions, initial public offerings (IPOs), or private equity sales.
Some examples of New Media Investment Groups include:
- IAC (InterActiveCorp): A publicly traded company that owns and operates a diverse portfolio of online businesses, including Match.com, OkCupid, and Vimeo.
- Providence Equity Partners: A private equity firm that has invested in a range of online businesses, including digital media companies, e-commerce platforms, and online marketplaces.
- KKR (Kohlberg Kravis Roberts): A private equity firm that has invested in a range of online businesses, including digital media companies, e-commerce platforms, and online marketplaces.
- Permira: A private equity firm that has invested in a range of online businesses, including digital media companies, e-commerce platforms, and online marketplaces.
- Apax Partners: A private equity firm that has invested in a range of online businesses, including digital media companies, e-commerce platforms, and online marketplaces.
These are just a few examples of New Media Investment Groups, and there are many more firms and companies that operate in this space.