Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Jupitermedia agrees to sell Search Engines Strategies, ClickZ to Incisive Media

Published on .

Aug. 2
Darien, Conn.—Jupitermedia Corp. announced Tuesday that it has signed a definitive agreement to sell its Search Engine Strategies trade shows and its ClickZ.com Network of Web sites to London-based Incisive Media for $43 million in cash, subject to certain post-closing adjustments.

The deal is expected to close this month.

Alan Meckler, chairman-CEO of Jupitermedia, estimated in an interview with BtoB that the EBITDA (earnings before interest, taxes, depreciation and amortization) multiple for the deal was about 14 times.

"As Jupitermedia increasingly focuses its efforts on its commercial images operations, we have looked for ways to redeploy assets to more rapidly grow our JupiterImages division," Meckler said in a statement. "This sale is evidence of our intent to be even more aggressive in the licensing and distribution of commercial images. The funds received from the sale will strengthen our balance sheet and allow us to have greater buying power for more image acquisitions."

Jordan Edmiston Group acted as financial adviser to Jupitermedia in the transaction.

—Sean Callahan

Most Popular
In this article: