On December 29, 2021, Searchlight III UTD and ForgeLight‘s acquisition of a majority stake of Univision Holdings formally closed. Weeks later, Wade Davis took the CEO reins from Vince Sandusky, and shook up the C-Suite.
This put the wheels in motion on a mega-merger insiders had been discussing for years. On January 31, 2022, a “transformative” transaction between Mexico’s Televisa and Univision Communications was completed.
So, how did the combined TelevisaUnivision, with Davis in command, perform in Q2, let alone the first half of 2022?