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Starlounge

sold to

Turner Broadcasting

December 2010

 

About the client

 
Starlounge is the number one celebrity news source in Europe and also the fastest growing European celebrity news channel.
 

About the deal

 
GP Bullhound acted as the exclusive financial advisor to Starlounge International AB on its sale of a strategic stake to Turner Broadcasting System Europe Limited, a subsidiary of Time Warner Inc and home to brands including Cartoon Network, TNT, TCM, and CNN.
 

Quotes

 
Hans Becker, CEO and Co-founder of Starlounge comments: “GP Bullhound has been instrumental in the process of bringing in Turner as a strategic partner to Starlounge. The advice and hard work by the GP Bullhound team has made this fantastic deal possible.”