The American Journalism Project is the first venture philanthropy organization dedicated to local news by investing in and building nonprofit newsrooms that are sustained by and look like the people they serve. We make catalytic investments in nonprofit news organizations, partner with communities to launch new organizations, and coach leaders as they grow and sustain their newsrooms.

Knight Foundation is a national foundation with deep local connections, dedicated to promoting informed and engaged communities, which it views as vital for a healthy democracy. The foundation invests in journalism, the arts, and the development of cities where its founders, John S. and James L. Knight, once published newspapers. Through its Knight Enterprise Fund, it provides early-stage venture funding specifically aimed at media innovation. By supporting early-stage companies at the intersection of media and technology, Knight Foundation seeks to enhance access to quality information, thereby contributing to the overall well-being of communities.

Hearst Ventures, established in 1995, is the corporate venture capital arm of The Hearst Corporation, a diversified American media and information company. Based in New York, the firm strategically invests in companies operating at the intersection of media, information, and technology. With a focus on the media, entertainment, and interactive technologies sectors, Hearst Ventures seeks to support innovative businesses that align with its parent company's extensive portfolio, which includes newspapers, magazines, television stations, cable networks, and digital media platforms.

Gannett Company, headquartered in McLean, Virginia, is a prominent media and marketing solutions provider in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's portfolio includes 261 daily newspapers, 302 weekly newspapers, and 383 local websites, with notable brands such as USA TODAY. Gannett also offers digital marketing solutions, including online advertising, search optimization, and social media services, along with event production, printing services, and niche publications. Its extensive reach touches over 110 million people monthly, providing comprehensive offerings for consumers and commercial clients.

Postmedia Network Canada Corp. is a leading publisher of paid English-language daily newspapers in Canada, operating through its subsidiary, Postmedia Network Inc. The company represents some of the nation's oldest and most recognized media brands, delivering news and information to millions of Canadians each week. Postmedia's business encompasses a range of news dissemination operations across local, regional, and metropolitan markets, utilizing various print, online, digital, and mobile platforms. Additionally, Postmedia boasts an extensive distribution network that facilitates the delivery of advertising flyers and parcels, enhancing its advertising capabilities. Through these diverse media channels, Postmedia effectively engages readers and provides marketers with integrated solutions to reach targeted audiences.

The American Press Institute conducts research, training, convenes thought leaders and creates tools to help chart a path ahead for journalism in the 21st century. The Press Institute is an educational non-advocacy 501(c)3 nonprofit organization affiliated with the Newspaper Association of America. It aims to help the news media, especially local publishers and newspaper media, advance in the digital age.

The Patrick J. McGovern Foundation, based in Boston, Massachusetts, is a philanthropic organization founded in 1990 that focuses on the intersection of artificial intelligence, data science, and social impact. Established as a legacy of IDG founder Patrick J. McGovern, the Foundation aims to harness the potential of technology to democratize access to knowledge and improve the human condition. It invests in initiatives that explore and develop AI and data science to create positive societal change. By fostering innovation in these fields, the Foundation seeks to fulfill McGovern's vision of leveraging technology for the greater good, ultimately enhancing lives and addressing pressing global challenges.

Media Development Investment Fund is a not-for-profit venture capital firm based in New York City, established in 1995. The organization focuses on providing debt and equity financing to independent media businesses in regions with a history of media oppression. By offering affordable financing and technical assistance, it aims to help independent news outlets develop sustainable operations centered on quality news and information. Since its inception, the fund has disbursed over $325.5 million in financing, encompassing loans, equity investments, and technical assistance. It has supported 154 clients across 48 countries, and by the end of December 2024, it managed a portfolio valued at $118.4 million, allocated among 65 media enterprises in 36 countries.

Lee Enterprises, based in the United States, is a leading publisher of local news, information, and advertising, primarily serving midsize markets. It operates 49 daily newspapers and has a stake in four others, along with over 300 weekly newspapers and specialty publications across 23 states. Lee's newspapers reach approximately 4 million readers daily, with a combined circulation of 1.6 million daily and 1.9 million on Sundays. Its digital platforms attract over 12 million unique visitors monthly, offering a mix of local, national, and international news. The company's products are available in both print and digital formats, including websites and mobile apps, providing real-time content and advertising services.

Ringier AG is the largest Swiss media company with a significant international presence, producing over 120 newspapers and magazines. Established in 1833, it has expanded its operations to include printing facilities, radio and television stations, and more than 80 web and mobile platforms, employing approximately 8,000 people worldwide. The company is based in Zurich, where its headquarters has been located since 1978. Ringier has a long history of innovation, having launched Switzerland's first tabloid, Blick, in 1959, and recognized the potential of the internet in the late 1990s, establishing digital platforms such as Blick Online. The company operates through a diversified strategy encompassing publishing, digital business, and entertainment, and has engaged in international expansion since the 1980s, including ventures in Asia and Eastern Europe. Its commitment to journalistic quality, independence, and diverse information has defined its legacy over nearly two centuries.

Mediahuis, established in 2020, is a Belgian media company specializing in cross-media brands. It operates internationally, offering a wide range of services including newspaper and magazine publication, distribution, printing, television, radio, and online media. The company invests in European EdTech and HRTech companies through its venture capital arm, Mediahuis Ventures, focusing on Series A and beyond as a lead investor.

Telegraph Media Group, established in 1855 by Colonel Arthur B. Sleigh, is one of the largest media publishing companies in the UK. Known for its flagship publication, the Daily Telegraph, which is the UK's best-selling quality newspaper, the company rebranded itself from The Daily Telegraph to Telegraph Media Group in 2006 to reflect its expansion into technology and diverse media platforms. With a significant online presence, Telegraph.co.uk ranks among the leading news websites in the UK and has extended its coverage globally. The company, which launched Europe’s first online news portal in 1994, continues to be a prominent player in the print media industry, offering a range of publishing services for newspapers and magazines, and catering to a wide audience, including job seekers.

Seven West Media is a prominent multi-platform media company based in Australia, recognized for its diverse offerings across television, print, and digital media. The company operates the Seven Network, a leading free-to-air television network reaching major capital cities and regional markets through Prime. It also owns a significant portion of newspapers in Western Australia, including the influential The West Australian. Additionally, Seven West Media includes Pacific Magazines, the second-largest magazine group in the country by readership, and the successful digital platform Yahoo!7. The company further extends its digital presence through its broadcast video on demand service, 7plus. Established through the acquisition of Seven Media Group by West Australian Newspapers Holdings Limited in 2011, Seven West Media continues to play a vital role in Australia’s media landscape.

The McClatchy Company is a prominent newspaper publisher in the United States, operating 30 daily newspapers across 29 markets, including notable titles such as the Miami Herald, The Kansas City Star, and The Sacramento Bee. Founded in 1857 by James McClatchy during the California Gold Rush, the company initially focused on California but later expanded its reach to the Northwest and East Coast through strategic acquisitions. McClatchy has established itself as the leading local news provider in its markets, offering a range of services that include print and digital publications, community newspapers, and direct marketing. The company delivers content through its own websites, mobile applications, and various digital platforms. In 2006, McClatchy became the second-largest newspaper publisher in the U.S. after acquiring Knight Ridder Inc., although it subsequently streamlined its portfolio by selling non-strategic newspapers. McClatchy filed for reorganization under Chapter 11 in 2020, highlighting the challenges faced by traditional media in a rapidly evolving digital landscape. Its headquarters are located in Sacramento, California.

RCS MediaGroup S.p.A., headquartered in Milan, is a prominent multimedia publishing group engaged in a diverse range of publishing sectors, including newspapers, magazines, books, television, radio, and new media. The company is a significant player in advertising sales and distribution, particularly in Italy and Spain, where it generates substantial revenue from its daily newspapers segment. Approximately 32% of its turnover comes from foreign markets, with notable operations in Spain, Portugal, the USA, South America, the UAE, and China. RCS MediaGroup also organizes major global sporting events, further enhancing its media presence. The company's mission is to produce and disseminate culture, information, and entertainment while upholding principles of liberty, honesty, and pluralism. As it navigates the evolving landscape of communication, RCS MediaGroup remains committed to innovation and maintaining trust in its content and brands.

Fairfax Media Limited is a prominent media organization in Australasia, established through the merger of Fairfax Media and Rural Press Limited in 2007. The company operates a diverse portfolio of newspapers and online platforms, which includes well-known publications such as the Sydney Morning Herald, The Age, and the Australian Financial Review. It serves metropolitan, rural, regional, and community audiences across all states in Australia and New Zealand. In addition to traditional print media, Fairfax Media has a significant digital presence, most notably through its ownership of Domain, a leading real estate platform. The company has also ventured into broadcasting with a majority stake in the Macquarie Radio Network, further enhancing its media reach. The merger with Nine has integrated Fairfax's rich array of digital assets with Nine's television network and streaming services, positioning the combined entity as a key player in the evolving media landscape.

Forum Communications Company is a multimedia news organization operating across North Dakota, South Dakota, Minnesota, and Wisconsin. With a workforce of over 1,700 employees, the company is dedicated to delivering quality products and information to its clients and audiences. It publishes both print and online versions of newspapers, develops websites and mobile applications, and owns and operates television and radio stations. Additionally, Forum Communications provides agency services and advertising solutions. The company emphasizes outstanding customer service, community engagement, and opportunities for its employees.

Star Tribune Media Company, LLC, known as The Star Tribune Company, is a prominent publisher based in Minneapolis, Minnesota, that provides a wide range of news and information services. Established in 1867, the company publishes a daily and Sunday newspaper, which serves the Twin Cities area with a daily circulation exceeding 360,000 and a Sunday circulation of around 600,000. Beyond traditional print media, Star Tribune offers various printed digital products, including specialty publications focused on lifestyle, home listings, and local events. The company also features an online platform that delivers news across diverse categories such as politics, travel, food, and sports, while enabling targeted advertising for special interest audiences. Additionally, Star Tribune has developed a smartphone application called “Going Out,” which assists users in exploring local cultural offerings, dining options, and entertainment events. The company has established itself as a trusted source of information in the region, reaching a broad audience in Minnesota and the upper Midwest.

Schibsted is a Scandinavian multimedia group headquartered in Norway, employing approximately 6,900 individuals across 29 countries. The company operates a diverse portfolio of digital brands that encompass media, online marketplaces, and technology ventures. Schibsted is primarily known for its Norwegian and Swedish newspapers and tabloid magazines, including Verdens Gang, Aftenposten, and Aftonbladet, alongside regional magazines and classified websites in over 25 countries worldwide. It has significant newspaper operations in Spain and France, contributing to its position as a prominent media provider. The company’s strategy focuses on advancing its media houses while also expanding its online classified services, fostering innovation and growth in the digital landscape.

Amarin Printing and Publishing is a publishing firm based in Thailand that specializes in the printing and distribution of various printed materials, including papers, magazines, and books. In addition to its core publishing activities, the company engages in advertising and organizes seminars. It operates across multiple platforms, delivering content in print, online, and through television media. The production and distribution of books generate the majority of its revenue, while the company also focuses on organizing exhibitions and advertising through both print and digital channels. Amarin's multifaceted approach allows it to reach diverse audiences and provide a range of services within the publishing industry.

Zhejiang Daily Digital Culture Group Co., Ltd. is a media company based in China that specializes in newspaper media and digital culture. It operates prominent publications such as Zhejiang Daily, Qianjiang Evening News, and Zhejiang Online, alongside approximately 35 media and online platforms. The company is dedicated to developing a comprehensive digital cultural industry, emphasizing digital entertainment, digital sports, and a multifaceted approach to big data services centered around high-quality intellectual property. In addition to its core media operations, Zhejiang Daily Digital Culture Group is involved in e-commerce and art services, aiming to enhance its presence in the broader cultural industry landscape.

Dow Jones & Company is a global news and business information provider, founded in 1882 and headquartered in New York. The company delivers a wide range of content through various platforms, including newspapers, websites, apps, newsletters, and magazines. Its flagship publication, The Wall Street Journal, is the largest newspaper in the United States by total average circulation. Dow Jones operates with a robust network of approximately 2,000 journalists across more than 50 countries, ensuring comprehensive news-gathering operations. The company's prominent brands include Barron’s, MarketWatch, and Factiva, among others. Dow Jones combines technology with news and data to support informed business decision-making, offering its information services in 13 languages and distributing content in 28 languages. Its commitment to providing timely financial insight and tools enables readers to stay updated on crucial developments in the business world.

Saudi Research and Media Group is a prominent integrated publishing group based in Riyadh, Saudi Arabia, with significant operations in the Middle East, Europe, and North Africa. Established in 1963, the company engages in various activities, including printing, publishing, advertising, promotions, and public relations. It owns several influential publications, such as the Arabic-language Middle East Newspaper, the economy-focused Aleqtisadiah, and the sports-oriented Arriyadiyah, alongside 16 other publications in multiple languages. The organization operates through four main segments: publishing and digital content, public relations and advertising, printing and packaging, and additional segments. A substantial portion of its revenue is generated from the publishing and digital content segment, highlighting its role as one of the largest media establishments in the region.

PubliGroupe specializes in selling advertising space across various media platforms, with a primary focus on print (press and directories) and digital (Internet) sectors. Additionally, they are expanding their offerings to include television and cinema advertising. Their core business operates predominantly in Switzerland but has also expanded into other European countries.

People.cn Co., Ltd is a prominent information exchange platform based in Beijing, China, founded in 1997 by People’s Daily, one of the world’s leading newspapers. The company operates as a comprehensive internet media outlet, providing news coverage on politics, economy, society, and culture in various formats, including text, audio, video, and more. It publishes content in 15 languages, serving users across 200 countries and regions. People.cn focuses on disseminating Chinese news while also covering global events, upholding the principles of authority, credibility, and accessibility. In addition to its news services, the company engages in advertising and promotion, mobile value-added services, and technical services, reinforcing its role as a key player in the information landscape.

TX Group is a Swiss media company that operates a diverse range of platforms, including daily and weekly newspapers, magazines, and digital services. The company is structured into several operating segments, which include TX Markets, Goldbach, 20 Minuten, Tamedia, and Group and Ventures. TX Group focuses on delivering information, entertainment, and services to its users on a daily basis, with the Tamedia segment being the primary source of its revenue. Through its various offerings, TX Group aims to effectively engage its audience in the evolving media landscape.

Bennett Coleman and Co Ltd, founded in 1892 and based in Mumbai, India, specializes in media publishing services. The company encompasses a diverse portfolio of brands, including The Economic Times, Times of India, Femina, Sandhya Times, Times FM, and Filmfare. It provides a range of publication services covering newspapers, magazines, and digital platforms, as well as internet and electronic commerce information. In addition to print and online publications, Bennett Coleman and Co Ltd engages in the production and distribution of radio and television programs, operates web portals, and offers mobile value-added services. The company aims to keep its audience informed about global events while delivering comprehensive media solutions.

Omaha World-Herald provides news, commentary, information and advertising that encourages readers to become involved in the world around them. The World-Herald is a statewide Nebraska newspaper, and delivers to more readers in southwest Iowa than any other Iowa newspaper.

Octopus Publishing Group Ltd. is a publisher specializing in illustrated non-fiction books. The company operates through ten distinct imprints, each bringing a wealth of experience in collaborating with high-profile authors and trusted partners. Octopus focuses on producing contemporary, market-leading titles across a variety of subjects, ensuring that readers have access to engaging and authoritative works that cater to their interests. With a commitment to quality and innovation, Octopus Publishing Group aims to deliver exciting books that resonate with a diverse audience.

DVV Media Group is a global publishing company that specializes in the fields of transport, logistics, and mobility. The company publishes a variety of media, including magazines, newspapers, newsletters, specialist titles, and reference books. By focusing on these specific sectors, DVV Media Group aims to provide relevant information that assists its customers in effectively communicating with their markets. Through its diverse range of publications, the company plays a significant role in disseminating knowledge and insights within the transport and logistics industries.

Disney Star is a prominent media and entertainment company in India, shaping the broadcast landscape for over two decades. It operates a diverse network of more than thirty channels in seven languages, reaching over 500 million viewers weekly across India and in over 100 countries. Among its well-known channels are Star Gold, Star Plus, and Channel [V], which cater to a wide range of interests, including general entertainment, sports, and children's programming. Disney Star also emphasizes regional broadcasting through joint ventures, such as the Asianet and Star Vijay channels, enhancing its cultural reach. The company offers a variety of digital content options, allowing viewers to access entertainment, music, movies, and news at their convenience.

Russmedia is a media company based in Schwarzach, Austria, specializing in the development and marketing of media and media-related services. The company operates a diverse portfolio that includes traditional and digital print, publishing, radio, and classified websites. It publishes daily and weekly newspapers in Austria, Hungary, and Romania, while also providing internet and mobile telephony services. Additionally, Russmedia is involved in the creation and sale of digital media products and has established itself as a key player in the marketing sector, offering various media-related services and organizing events. With a focus on both traditional and digital platforms, Russmedia is committed to delivering high-quality media solutions across Europe.

Koenig & Bauer AG is a Germany-based manufacturer of printing presses and serves as the parent company of the Koenig & Bauer Group. The company operates in three primary business segments: Sheetfed, Digital & Web, and Special. Its Sheetfed segment includes presses for packaging, commercial printing, and books, while the Digital & Web segment offers solutions for newspaper and industrial printing. The Special segment focuses on manufacturing presses for banknote and security printing, as well as systems for industrial coding and printing on various materials, including metal, film, and glass. With production facilities located across Germany, Austria, Italy, and the Czech Republic, Koenig & Bauer is well-positioned in the global printing market, providing a diverse range of printing solutions to meet the needs of various industries.

PR Newswire Brazil, a subsidiary of UBM Plc, specializes in providing comprehensive communication solutions to Brazilian corporations and PR agencies. The company offers targeted distribution and monitoring services, including broadcast and video services, financial printing and filing services, and clipping and monitoring services. These services enable clients to effectively communicate and engage with global audiences, measure the impact of their communications, and make data-driven decisions.

The Belo Foundation was a non-profit organization based in Dallas, Texas, established in 1952 as part of A.H. Belo Corporation. Its mission focused on providing grants for college-level journalism education and the development of urban parks. Following the sale of A.H. Belo Corporation, the foundation transitioned into Parks for Downtown Dallas and is no longer in operation. A.H. Belo Corporation itself operates as a local news and information publishing company primarily in Texas, publishing The Dallas Morning News and other regional newspapers, while also offering commercial printing, distribution, and direct mail services. Additionally, it provides digital marketing solutions, including multi-channel marketing and analytics, as well as advertising services through various platforms.

Nerdswire is the holder of an online news portal. The company's online news portal tracks real-time news in areas such as politics, finance, technology, lifestyle, fashion, arts, travel, entertainment, sports, weather, and business news, giving investors and other users access to up-to-date information.

Groupe Delcourt is a publishing company based in Paris, France, established in 1986. It specializes in the publication of a diverse range of content, including books, novels, comics, graphic novels, and manga. The company is known for its focus on youth-oriented titles and classic series, catering to various audiences within the comic book and graphic literature markets. Through its extensive catalog, Groupe Delcourt has established itself as a significant player in the publishing industry, particularly in the realm of comics and graphic novels.

Morning Brew, Inc. is a media company based in New York, founded in 2015. It focuses on publishing business newsletters and producing podcasts, aimed primarily at young professionals seeking to enhance their business knowledge. With a subscriber base exceeding 4 million, Morning Brew has rapidly become a prominent player in the business media landscape. The company started with a single daily email newsletter that includes a stock market recap, essential business news, and lifestyle content. Over time, it has expanded its offerings to include a diverse portfolio of newsletters, podcasts, videos, educational courses, and events, all designed to inform and entertain its audience while fostering community engagement among subscribers. Morning Brew operates as a subsidiary of Insider Inc.

MxnnCreates is a creative technology company specializing in AI-driven innovation, web development, and design. Known for its bold approach to solving complex challenges, the company owns Sylzo, an AI platform focused on creative collaboration; Swirple, a privacy-first social media platform; and The New-York Weekly Journal, the historic publication from 1733 that pioneered press freedom. Led by founder Mann Patel, MxnnCreates emphasizes originality, ethical tech, and reshaping the boundaries of what’s possible in the digital space.

PEIQ is a Germany-based company that specializes in content management services, primarily catering to newspapers and television channels. It offers a comprehensive system that facilitates the efficient placement of advertisements across various media platforms, including journals and magazines. Founded in 2005 by Martin Huber and Matthias Möller, PEIQ promotes citizen journalism and supports easy publishing across multiple communication channels. Its client base includes notable media organizations such as FUNKE MEDIENGRUPPE, Madsack, Springer, Moser, and Styria. In addition to its core services, PEIQ has established the gogol academy, which aims to enhance individuals' skills through digital and printed presentations, user manuals, and case studies. The company also provides additional services such as community management support, workflow consulting, and editorial design consulting, thereby creating a robust framework for its users to engage effectively with their audiences.

The Financial Times is a prominent business news organization that delivers essential news, commentary, data, and analysis tailored for the global business community. With a combined paid print and digital circulation exceeding 600,000, it caters to a diverse audience of professionals and decision-makers. The publication boasts over 328,000 paying digital subscribers, while its print edition maintains a global circulation of approximately 273,000. In recent years, mobile platforms have become increasingly significant, accounting for a notable share of website traffic and digital subscriptions. Additionally, the Financial Times offers educational products that are utilized by 25 of the world's top 50 business schools, further solidifying its reputation as a leading source of information in the business and financial sectors.

Azteca, formerly known as TV Azteca, is a leading Mexican multimedia conglomerate owned by Grupo Salinas. It ranks as the second largest mass media company in Mexico, following Televisa. Azteca operates four primary television channels: Azteca Uno, which targets a female audience; Azteca 7, aimed at contemporary families; adn40, a 24-hour news channel; and a network dedicated to local signals. The company also produces a diverse range of content, including series, reality shows, news programs, sports broadcasts, and variety shows. In addition to its television operations, Azteca owns two professional soccer teams in Mexico's top division and manages Azteca Internet, further expanding its influence in the media landscape.

The Economist Group is a prominent publisher known for its in-depth analysis of international business and world affairs, primarily through its flagship publication, The Economist. Established in 1843 and based in London, The Economist delivers weekly reporting and commentary on a range of topics including business, finance, science, technology, culture, and society. With a global circulation exceeding one million, it is widely read by political and business leaders, making it a significant source of insight and opinion. In addition to its core publication, The Economist Group has developed the Ideas People Media platform, which aggregates a targeted audience of intellectually curious individuals. This platform includes the Ideas People Channel, a network of over 50 websites, and the Ideas People Advocacy Network, focusing on political content. Furthermore, The Economist Group offers digital advertising solutions through Ideas People TV and Ideas People Mobile, targeting engaged consumers across various devices.

GDP Venture is a venture builder based in West Jakarta, Indonesia, founded in 2010. The firm focuses on fostering early and growing-stage companies within the consumer internet sector, specifically targeting areas such as retail technology, e-commerce, e-payments, point-of-sale systems, and logistics. In addition to these investments, GDP Venture also engages in developing digital communities and solutions related to media and commerce. Through its strategic investments and support, the firm aims to enhance innovation and growth within Indonesia's rapidly evolving digital landscape.

Union Square Ventures (USV), established in 2003 and headquartered in New York, is a venture capital firm that invests in early-stage, growth, and late-stage internet companies. It focuses on the applications layer of the web, internet services, and mobile sector, seeking companies that create large networks and have defensible network effects. USV invests in various industries, including media, marketing, financial services, fintech, climate tech, and healthcare, with a preference for IT-enabled services. It typically invests $1 million initially, with the potential to invest up to $20 million in a single company, and aims for ownership levels of 15% to 20%. USV actively engages with entrepreneurs and often acts as a lead investor. It primarily invests in companies based in New York, San Francisco, London, Berlin, and other locations in between.

Apollo Global Capital is a holding company that operates primarily in the mining sector, engaging in the extraction of magnetite iron ore and competing in the global iron ore market. The company also manages various business activities, including the sale of database research engine-related products and the execution of pre- and post-production tasks for websites. These products are marketed through finished product advertisements. In addition to its focus on mining, Apollo Global Capital is involved in alternative investment management, with interests spanning private equity, credit-oriented capital markets, and real estate investments.

GE Capital, established in 1932, is a global financial services provider headquartered in Norwalk, Connecticut. As a subsidiary of General Electric, it offers a wide array of financial services and products tailored to businesses of all sizes across various industries. These services include commercial loans and leases, equipment financing, debt financing, structured equity, fleet management, and financial programs. GE Capital operates in over 35 countries, serving sectors such as healthcare, manufacturing, energy, aviation, infrastructure, and more. It combines deep industry expertise with global reach to deliver innovative, reliable, and competitively priced financing solutions.

Adobe Inc. is a diversified software company headquartered in San Jose, California, that offers a comprehensive suite of digital media and marketing solutions. Its primary business segments include Digital Media, which provides tools like Creative Cloud for content creation and collaboration, and Digital Experience, which delivers solutions for managing and optimizing customer interactions across various channels. Adobe's products serve a wide range of users, including creative professionals, marketers, and enterprises, enabling them to create, publish, and measure digital content effectively. The company’s offerings encompass popular software such as Photoshop, Illustrator, and Acrobat, as well as comprehensive marketing solutions. Additionally, Adobe’s Publishing segment addresses specific publishing needs, contributing a small portion to its revenue. As a global leader in digital marketing and media, Adobe caters to both enterprise clients and individual users through direct sales, app stores, and a network of partners. Founded in 1982, Adobe has established itself as a key player in the digital landscape, continuously evolving its services to meet the needs of its diverse customer base.

Groupe IRD is a private equity investment firm founded in 1956 and located in Lille, France. The company focuses on financing the development of small and medium-sized enterprises (PME/PMI) primarily in the Nord Pas de Calais region and the North of Paris. Groupe IRD integrates three core areas of expertise: private equity investments, corporate real estate, and financial advisory services, which include fundraising, business transfers, and strategic guidance. The firm aims to support the growth and sustainability of local businesses through tailored investment solutions and comprehensive financial strategies.

BIA Digital Partners, established in 1999, is a Virginia-based private equity firm specializing in providing flexible, cost-effective junior capital to growing middle market companies in the United States. The firm focuses on the media and entertainment, telecommunications, information services, and business services sectors. BIA Digital Partners typically invests between $4 million and $30 million in companies with enterprise values ranging from $20 million to $100 million, and EBITDA between $2 million and $20 million. The firm prefers a majority stake and structures investments as subordinated debentures with warrants, occasionally including equity securities.