BN Media has acquired Beliefnet from Newscorp
BN Media, an entity that includes the investors behind Cross Bridge and Affinity4 has acquired Beliefnet from News Corporation.
DeSilva+Phillips, LLC, a leading merger and acquisition advisor to the media, communications and digital technology industries, reported that it managed the recent acquisition of Beliefnet, the Web’s leading multi-faith inspiration and spirituality site, by BN Media, an entity that includes the investors behind Cross Bridge and Affinity4, from News Corporation. The high profile acquisition reflects DeSilva+Phillips’ prominence in media/communications industry transactions. The firm specializes in providing its M&A advisory and management services.
|Transaction Type||M&A Buy-side|