Fenwick represented The Arena Group (NYSE American: AREN), a tech-powered media company home to more than 240 brands, including Sports Illustrated, TheStreet and Parade Media, in its agreement to acquire the digital assets of Men’s Journal, Men’s Fitness, Surfer, Powder, Bike, SKATEboarding, Snowboarder and NewSchoolers from accelerate360, an omni-commerce, distribution and logistics, marketing and media company.
The acquisition will enable The Arena Group to add a fourth vertical, the Men’s Journal Lifestyle Media Group, to complement its Sports, Finance and Lifestyle arenas with plans to integrate and maximize the newly acquired brands with its proprietary growth model. More information can be obtained from The Arena Group’s announcement.
The Fenwick transaction team included corporate partners Ken Myers, Sam Angus and Rob Freedman and associates Victoria Lupu, Zoe Zhang, and Leeza Soulina; executive compensation and employee benefits partner Liz Gartland and associate Cynthia Yuan; technology transactions partners Jennifer Stanley and Joseph Schenck and associate Julia Arruda; privacy and cybersecurity counsel Ana Razmazma; and tax partner Will Skinner and associate Jenna Grove.