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El Segundo-based InternetBrands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. The acquisition, which had originally been announced in September, was worth $640M. JMI Equity also invested in InternetBrands as part of the sale. READ MORE>>.
El Segundo-based InternetBrands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired InternetBrands back in 2010, paying $640M for the company. READ MORE>>.
El Segundo-based InternetBrands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. According to InternetBrands, Hellman & Friedman will pay $13.35 The price is a premium of approximately 46.5
Los Angeles-based InternetBrands revealed it spent $24.2M in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. InternetBrands said it had net income of $4.3M Tags: internetbrands merger acquisition consumer content publishing earnings. READ MORE>>.
Los Angeles-based InternetBrands has been sued by the former owners of one of the firm's properties, Model Mayhem , according to legal documents recently leaked to the press. Waitt, founders of Model Mayhem, InternetBrands failed to make deferred payments which were a part of the deal to acquire Model Mayhem.
The acquisition this morning of El Segundo-based InternetBrands by KKR is worth a cool $1.1 KKR and InternetBrands announced the deal this morning without any financials. internetbrands merger acquisition internetbrands private equity jmiequity hellman friedman' READ MORE>>.
Los Angeles-based InternetBrands is continuing its strategy of buying up vertical web properties, saying today that it has acquired ExpertHub , which operates a network of websites which connect consumers with attorneys. According to InternetBrands, ExpertHub will become part of the firm's Money and Business vertical.
Los Angeles-based InternetBrands reported its results Thursday, saying that the firm saw record revenues in Q2. According to InternetBrands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M READ MORE>>.
Los Angeles-based InternetBrands is continuing its domain acquisition streak, saying Tuesday that it has acquired five, new enthusiast websites. InternetBrands said it has acquired 5series.net , CobaltSS.net , gtr.co.uk , DieselTruckResource.com and DieselBombers.com. READ MORE>>.
Los Angeles-based InternetBrands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.
Los Angeles-based InternetBrands said Thursday that it has acquired seven consumer websites, as part of an expansion of its health and home vertical markets. InternetBrands said it has acquired DentalFind.com , InfertilitySpecialist.com , SkinCareGuide.com , DavesGarden.com , Gardens.com , Craftster.org , and Splitcoaststampers.com.
Los Angeles-based InternetBrands said Wednesday it has acquired Tjoos.com , an online coupon web site. Financial terms of the acquisition were not disclosed. InternetBrands said that Tjoos.com would join the firm's shopping vertical. Tags: internetbrand tjoos coupon merger acquisition.
Los Angeles-based InternetBrands said this morning that it has acquired automotive publisher High Gear Media. InternetBrands was acquired itself earlier this year, by private equity firm KKR. InternetBrands was acquired itself earlier this year, by private equity firm KKR. READ MORE>>.
Los Angeles-based InternetBrands is building out its travel vertical today, saying that it has acquired The Frugal Travel Guy , an online travel blog. Financial terms of the acquisition were not disclosed. Ingersoll apparently founded the site after retiring as a mortgage banker and starting to travel the world with his wife.
Los Angeles-based InternetBrands said Monday that it has acquired two web sites aimed at women, Weddingbee.com , and JustMommies.com from Pasadena-based eHarmony. Financial terms of the acquisition were not disclosed. InternetBrands said the buy would bolster its list of women-focused websites. READ MORE>>.
Los Angeles-based InternetBrands said on Thursday that it has agreed to acquire Avvo , which operates an online legal marketplace where consumers can connect with lawyers. According to InternetBrands, Avvo will become part of its Legal vertical. Financial terms of the deal were not announced.
El Segundo-based InternetBrands , which is owned by private equity investor KKR, agreed this morning to acquire WebMD in a deal worth approximately $2.8 According to WebMD, InternetBrands will pay $66.50 InternetBrands is run by CEO Bob Brisco. KKR acquired InternetBrands in 2014.
Los Angeles-based InternetBrands announced its fourth quarter and fiscal 2008 results, reporting that--despite the recession--the firm saw an increase in its fourth quarter revenues of 8%, or $27.0M for 29 website related acquisitions during 2008. Tags: brands merger acquisitioninternet. versus $24.9M
Los Angeles-based InternetBrands disclosed Tuesday as part of its earnings report that the firm has purchased two web sites, BensBargains.net, and GrooveJob.com. Financial terms of those buys were not disclosed, however InternetBrands said it spend $10.7M on the buy of four companies during Q3. on those web site buys.
Los Angeles-based InternetBrands reported earlier this week in its quarterly results that it spent $1.6 Tags: internetbrands merger acquisition ecommerce. million for the 5 vertical websites it purchased during the quarter. The five sites were up from three reported by the firm last quarter, when it spent $2.7m
Los Angeles-based InternetBrands is expanding its network of vertically focused web sites, saying Wednesday that the firm has acquired two new websites in the money and finance area, and has officially targeted "Money and Business" as one of the firm's key vertical markets. Financial terms of those buys were not disclosed.
Los Angeles-based InternetBrands reported its quarterly results Wednesday afternoon, reporting that it saw 50 million monthly unique visitors to the firm's websites in June, up 35 percent from 37 million uniques in June of last year. for the quarter, mainly due to acquisitions and organic growth on its websites. READ MORE>>.
Los Angeles-based InternetBrands said Friday that it has acquired Demandforce , a developer of marketing software and services. InternetBrands acquired Demandforce from Intuit, which had acquired Demandforce back in 2012. InternetBrands says that Demandforce will become part of its Health portfolio.
Los Angeles-based InternetBrands is continuing to buy up small, vertically focused web sites to add to its various consumer focused content networks, saying Wednesday that it has acquired three websites. Financial terms of the acquisitions were not disclosed. READ MORE>>.
The company was actually acquired in October , however, no financials on that acquisition were announced at the time. Southern California has had a string of large, multi-million dollar exits in recent months, including Beats Electronics ($3 billion), TrueCar (IPO), Rubicon Project (IPO), InternetBrands ($1.1 READ MORE>>.
We spoke to CEO Brian Nickerson --an Internet veteran with time at Yahoo and InternetBrands--about the company and its goals. I then went to another local company, InternetBrands, which was originally an Idealab company, and had the opportunity to build their shopping division. What is Chippmunk?
CarsDirect is owned by InternetBrands, which recently went private in an acquisition by Hellman & Friedman. The site follows competitor Edmunds.com, which also recently went through a major overhaul of its site design in September. READ MORE>>.
Frankly, that''s the biggest challenge, when you have a wealth of data, and analytics on how to operate your business, information on merchandising, product selling, marketing, customer acquisition activities. john tomich onestop internetbrand ecommerce marketing shipping strategy interview' READ MORE>>.
the parent firm of the Los Angeles Times before its acquisition by the Tribune Company. Among the firms sold by Rustic Canyon were Southern California portfolio firms Cooking.com, InternetBrands, and US Renewables Group. Financial details of the sale were not disclosed.
Scott left the company, which eventually IPO’d and became InternetBrands. Rumored to have turned down acquisition offers from Yahoo and Facebook. They realized through the process that regulations would make this a very costly business and one that they couldn’t build as he had envisioned. Foursquare. -A
IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. Some IdeaLab successes / brand names aside from Overture & CitySearch? Cars Direct / InternetBrands. Shopping.com. The Wedding Channel. Commission Junction. Insider Pages.
We've been quite active, and have had a bunch of acquisitions lately -- including InternetBrands and MySpace -- a total of over 2 billion in acquisition in Southern California. I think we've done some of the really exciting companies in LA, including most recently Clicker, Machinima, BUZZmedia, and SVnetwork.
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