logo
logo

The DONUT completes acquisition of Press Sports to amplify its presence in sports media

Aug 19, 2024•about 1 year ago

Acquiring Company

The DONUT

Acquired Company

Press Sports

AustinAtlantaNewsPublishingSportsSocial Media

Description

The acquisition of Press Sports by The DONUT is a game-changing move that amplifies The DONUT's presence in the sports media landscape, setting it apart as a leader in delivering content to Gen Z and millennial audiences. The strategic integration aims to foster efficiencies and unlock new opportunities for audience engagement as they work to disrupt the media landscape with a bold new approach.

Company Information

Company

The DONUT

Location

Austin, Texas, United States

About

The DONUT, founded in 2019, is a media organization that aims to provide an enjoyable antidote to the bias and sensationalism in the news industry. With over 175,000 subscribers, it delivers 100%-free news via text message and has been recognized with the 2024 Webby Award for 'Best Email Newsletter from an Independent Publisher.'

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed