4fun Media wants to acquire companies from the digital media sector

4fun Media Group, broadcaster of 4fun.tv and rebel: tv, is planning acquisitions in the digital media market. For this purpose, the company has started cooperation with the adviser Capital One Advisers. According to a press release, the search for acquisition targets will be carried out in such market segments as, for instance, online marketing, mobile applications, the social media area, as well as innovative products and services for business.

“We are currently preparing a long list of potential investments. At the first stage, we are going to review seed funds, and at the second stage – e-book and audiobook publishers,” Ewa Czekała, CEO of 4fun Media, told Wirtualnemedia.pl.

She added that meetings with the purpose of negotiating with specific entities would start next week. Capital One Advisers is an advisory firm operating on the Polish market for more than 10 years. It specializes in providing advisory services in M&A and raising financing. It has already worked for 4fun Media in the past. 4fun Media Group is a broadcaster of the music channels 4fun.tv, rebel:tv and TV.Disco. It also owns Program company which distributes thematic channels.

Source: WIRTUALNE MEDIA