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- Industry Dive
Industry Dive Acquisition, Valuation, Funding & Investors
Industry Dive was acquired by Informa for $525M in July 2022, a 4.8x multiple on $110M of revenue.
Industry Dive revenue at acquisition
$110M
Last twelve months · Jul 2022
Industry Dive revenue multiple at acquisition
4.8x
EV/Revenue · Jul 2022
Industry Dive EBITDA multiple at acquisition
11.4x
EV/EBITDA · Jul 2022
About Industry Dive
Industry Dive is a Washington, D.C.-based business media company publishing newsletters and websites for 20 sectors including construction, energy, manufacturing, and retail. Over 11 million professionals receive its daily insights via 22 branded sites like Construction Dive and Healthcare Dive. Content features exclusive reporting, regulatory updates, and M&A analysis from a staff of 100 journalists. Launched in 2012 and acquired by IndustryWeek in 2021, it generates leads for advertisers through sponsored content.
Founded
2012
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Advertising
Revenue
$110M (Jul 2022)
Valuation
$525M (acquired Jul 2022)
Sectors
Industry Dive Acquisition
Industry Dive was acquired by Informa for $525M on 19 July 2022.
The acquisition price implies a 4.8x revenue and 11.4x EBITDA multiple on $110M of revenue.
Before the acquisition Industry Dive had raised $500K across 1 funding round.
Informa, a UK-based B2B events and publishing company, completed its acquisition of Industry Dive, a Washington, DC-based digital B2B publisher, for $389 million in cash on September 1, 2022. Industry Dive operates 27 specialized digital publications serving niche professional audiences across 24 competitive industries, reaching nearly 13 million decision-makers. The company had grown to over $100 million in annual revenue over the prior decade and was owned by Falfurrias Capital Partners since 2019. For 2022, Industry Dive was projected to generate approximately $110 million in revenue with $34 million in EBITDA, representing healthy profit margins around 30%. The deal carries an enterprise value of $525 million when including potential earn-outs tied to revenue growth targets through 2024, structured to incentivize further growth acceleration while mitigating near-term macroeconomic risks. Strategically, the acquisition provides Informa with an in-house content and audience development capability focused on specialized B2B markets, while Industry Dive gains access to Informa's vast event platform and broader business audiences. Industry Dive maintains its independent brand identity and existing management team, with all 380 employees continuing post-acquisition. The transaction was valued at 11.4x pre-revenue synergy EBITDA and 4.8x revenue on the cash consideration basis.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 19 Jul 2022 | Strategic M&A | $525M | 4.8x | 11.4x |
Industry Dive Funding History
Industry Dive has raised a total of $500K across 1 funding round.
Industry Dive funding rounds
| Date | Stage | Raised |
|---|---|---|
| May 2013 | Pre-seed | $500K |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Industry Dive
Industry Dive has acquired 5 companies to date.
Last acquisition by Industry Dive was on February 3rd 2021. Industry Dive acquired Mobile Payments Today for undisclosed valuation.
Latest Acquisitions by Industry Dive
| Description | Mobile Payments Today is a digital media platform specializing in news, analysis, and resources on mobile payments technologies. It examines deployments across banking, retail, restaurants, remittances, mobile apps, online gaming, and point-of-sale systems. The website delivers daily blogs, videos, white papers, webinars, supplier directories, research studies, product evaluations, and conference details. Launched in 2011 by Faulkner Information Services, it reaches professionals in North America and Europe through its comprehensive coverage of NFC, QR codes, and digital wallets like Apple Pay and Google Pay. | - | Mobile Marketer is a New York-headquartered news publication launched in 2007 covering mobile marketing, media, and commerce. It reports on strategies for customer acquisition in the U.S., Europe, Asia-Pacific, and Africa, reaching executives at advertisers, agencies, carriers, and tech providers. Topics include SMS campaigns, app monetization, and location-based advertising. | Mobile Commerce Daily is a New York-based online publication covering mobile retail, marketing, and technology trends. Operated by Napean, it delivers daily news, case studies, and analysis on topics including apps, analytics, payments, and merchandising strategies. The platform features interviews with executives from retailers like Walmart and Target, alongside coverage of events such as CES and Mobile World Congress. Additional resources include webinars, podcasts, and awards recognizing mobile commerce innovators. Established in 2009, it serves professionals in e-commerce and digital advertising. | |
| HQ Country | |||||
| HQ City | Louisville, KY | - | New York City, NY | New York City, NY | |
| Deal Date | 3 Feb 2021 | 26 Feb 2019 | 27 Mar 2017 | 27 Mar 2017 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Industry Dive acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Industry Dive Competitors
Industry Dive competitors include listed companies like Weathernews and Wirtualna Polska, and private ones like Inshorts, iQiyi Sports, Medium and Health IQ.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $19M | - | $550M | 28.9x | ||
| Private | - | - | $486M | - | ||
| Publicly listed | $157M | $38M | $574M | 2.9x | ||
| Publicly listed | $585M | $102M | $472M | 1.3x | ||
| Private | - | - | $600M | - | ||
| Private | - | - | $450M | - |
Industry Dive Public Comps
Industry Dive is no longer listed, but its public comps include Weathernews, Wirtualna Polska, Sichuan Newsnet Media, Value Line, m-up holdings, Better Collective, Sohu, Future plc, Cairo Communication and So-Young.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $157M | $38M | 2.9x | 2.9x | 11.9x | 11.9x | |||
| $585M | $102M | 1.4x | 1.3x | 8.1x | 5.6x | |||
| $46M | $14M | 7.0x | - | 22.5x | - | |||
| $33M | $29M | 8.5x | - | 10.0x | - | |||
| $204M | $33M | 1.3x | 1.3x | 8.3x | - | |||
| $388M | $100M | 2.5x | 2.4x | 9.8x | 7.7x | |||
| $584M | ($54M) | - | - | - | - | |||
| $993M | $254M | 0.8x | 0.9x | 3.2x | 3.4x | |||
This data is available for Pro users. Sign up to see all Industry Dive competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Industry Dive
| When was Industry Dive founded? | Industry Dive was founded in 2012. |
| Where is Industry Dive headquartered? | Industry Dive is headquartered in Washington, DC, United States. |
| Is Industry Dive publicly listed? | No, Industry Dive was acquired by Informa in July 2022. |
| Who acquired Industry Dive? | Industry Dive was acquired by Informa in July 2022. |
| How much was Industry Dive acquired for? | Industry Dive was acquired for $525M in July 2022, a 4.8x revenue multiple. |
| How much funding has Industry Dive raised? | Industry Dive has raised $500K across 1 funding round. |
| What was Industry Dive's last funding round? | Industry Dive's last funding round was a $500K pre-seed round in May 2013. |
| Which companies are comparable to Industry Dive? | Companies comparable to Industry Dive include Inshorts, iQiyi Sports, Weathernews, Wirtualna Polska, Medium and Health IQ. |
| How many companies has Industry Dive acquired? | Industry Dive has acquired 5 companies, including Mobile Payments Today, InsightCity, Mobile Marketer, Mobile Commerce Daily and Social Media Today. |
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