About McClatchy
McClatchy is a company based in Sacramento (United States) founded in 1857 was acquired by Chatham Wealth in July 2020.. McClatchy has completed 5 acquisitions, including Charlotte Observer, Herald Sun and The Herald-Sun. McClatchy offers products and services including News Publishing and Digital Marketing.
- Headquarter Sacramento, United States
- Stage Public
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mcclatchy Company
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Annual Revenue
$709.52 M-12as on Dec 31, 2019
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Net Profit
$-411.11 M-415as on Dec 31, 2019
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EBITDA
$-266.09 M-599as on Dec 31, 2019
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Latest Funding Round
$65 M (USD), Debt – Conventional
Jul 30, 2018
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Investors
Wells Fargo
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Charlotte Observer
& 4 more
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Acquired by
Chatham Wealth
(Jul 13, 2020)
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Products & Services of McClatchy
McClatchy offers a comprehensive portfolio of products and services, including News Publishing and Digital Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
News publishing services are offered to deliver local journalism and community stories with clarity and integrity.
Digital marketing services are provided to connect businesses with audiences in served communities.
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Leadership Team
27 people
Software Development Team
20 people
Data Analysis and Operations Team
8 people
Operations Team
5 people
Human Resources and Administration
2 people
Product Management Team
2 people
National Team
2 people
Content Team
1 people
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Funding Insights of McClatchy
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $65.0M
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First Round
First Round
(30 Jul 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Debt – Conventional - McClatchy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in McClatchy
McClatchy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Wells Fargo and Chatham Wealth Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diverse financial services and online banking are provided to clients.
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Founded Year | Domain | Location | |
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Chatham Wealth Management is engaged in providing personalized financial and investment services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by McClatchy
McClatchy has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Charlotte Observer, Herald Sun and The Herald-Sun. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Advertising ROI solutions are delivered online for SMBs.
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2009 | ||||
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Limited details on core activities of Travidia are available.
|
2002 | ||||
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Provider of daily newspaper
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - McClatchy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mcclatchy Comparisons
Competitors of McClatchy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mcclatchy
Frequently Asked Questions about McClatchy
When was McClatchy founded?
McClatchy was founded in 1857 and raised its 1st funding round 161 years after it was founded.
Where is McClatchy located?
McClatchy is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.
Who is the current CEO of McClatchy?
Craig Forman is the current CEO of McClatchy.
What is the annual revenue of McClatchy?
Annual revenue of McClatchy is $709.52M as on Dec 31, 2019.
What does McClatchy do?
McClatchy was founded in 1857 and operates in the media sector, with a focus on local news delivery. Content is distributed across digital and print channels, including in-depth reporting on community issues and analysis to support public awareness. Advertising services are also extended to businesses targeting regional markets. The headquarters is located in Sacramento, United States, where operations are managed by professionals in journalism and business.
What products or services does McClatchy offer?
McClatchy offers News Publishing and Digital Marketing.
How many acquisitions has McClatchy made?
McClatchy has made 5 acquisitions, including Charlotte Observer, Herald Sun, and The Herald-Sun.
Who are McClatchy's investors?
McClatchy has 2 investors. Key investors include Wells Fargo, and Chatham Wealth Management.
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