 Jim Spanfeller |
Stanton reps Great Hill Partners as the Boston-based private equity firm acquires Gizmodo Group and The Onion from Univision Communications.
Jim Spanfeller, former CEO of Forbes.com and Ziff Davis' digital consumer group will helm the new company, G/O Media Inc.
He’ll oversee brands that reach about 100M visitors monthly, including Deadspin (sports), Jezebel (women’s interests), The Root (African-American news/culture) Gizmodo (technology), Jalopnik (cars), Kotaku (gaming) and Lifehacker (life tips).
Most recently, Spanfeller, past chairman of the Interactive Advertising Bureau, built and sold a digital content company featuring Active Times and The Daily Meal to tronc inc.
GHP’s Chris Gaffney noted that the acquired digital media assets combine for a larger audience than Vice, Vox or Buzzfeed.
He sees “a great opportunity to further scale a high-quality content producer led by an experienced digital media executive like Jim.”
Alex Stanton handles GHP’s transaction.
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