SunMedia — Buyout

Magnum Capital bought a majority stake in SunMedia through its Magnum Capital III fund, the fund's fifth investment. This was a private-equity buyout, not a venture round, and no amount was disclosed. The press reported a deal value of more than €100M, but that is the value of the whole deal, not money raised. A syndicated loan led by BBVA, with Talde Private Equity taking part, paid for part of the purchase. CEO Fernando García and his team stayed on. SunMedia later took over Rich Audience (Nov 2022) and became EXTE in January 2024. No venture rounds from before this deal were found.

LeadMagnum Capital RoundBuyout Announced22 Jun 2022Not counted in totals CityMadrid SectorAdTechSource D

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