JWCA advises Versant Media Group on its $100 million accelerated share repurchase
May 2026 | read press release
Transaction Background
J. Wood Capital Advisors acted as financial advisor to Versant Media Group, Inc. (“the “Company”), and led the execution of the Company’s inaugural accelerated share repurchase program
Assisted the Versant Media team with ASR design and maturity objectives
Created a process to achieve the best terms for Versant Media:
Led an auction process to drive competitive pricing and achieve the largest possible discount per share
Reviewed the documents to ensure company-friendly provisions
Provided advice, support and analysis during the execution
Results
The auction process allowed the Company to achieve a meaningful discount at a transaction size of $100mm
Versant Media’s shares outstanding were immediately reduced by ~1.8mm shares, ~1.3% of shares outstanding
This is JWCA’s first advisory assignment for Versant Media Group
