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El Segundo-based InternetBrands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. InternetBrands said that the firm will cease trading on the NASDAQ Global Select Market at close of the market today. JMI Equity also invested in InternetBrands as part of the sale.
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 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 internetadvertising revenues. in revenues, up from $2.5M
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 revealed it spent $24.2M In addition to those details, InternetBrands said it is now seeing a monthly average of 50 million total monthly unique visitors to its collection of web sites, with a total of 56.5 InternetBrands said it had net income of $4.3M million in January.
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 Monday that it has acquired two web sites aimed at women, Weddingbee.com , and JustMommies.com from Pasadena-based eHarmony. InternetBrands said the buy would bolster its list of women-focused websites. Financial terms of the acquisition were not disclosed. READ MORE>>.
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. The bright spot in the firm's result were advertising revenue, which the firm said were up $1.2M
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 native advertising technology developer Nativo , which is headed by Justin Choi, has landed a new set of premium publishers as customers, the company said today. nativo advertising sponsored content native publishing publisher' Financial details of the wins were not announced. READ MORE>>.
Domeyer was previously CTO at InternetBrands, and also has served at firms such as Pacific Gas & Electric Energy Services and the Times Mirror Company. Domeyer and Morrow had both been named to the co-CEO positions in January.
GumGum allows publishers to use celebrity and other photos, without the usual, high cost of licensing those images from photography agencies, and allows those publishers to share advertising revenues with the owners of those photos. The toolbar is apparently running on sites such as AskMen.com and a number of InternetBrands properties.
Hansen was previously CFO at InternetBrands , where he oversaw that firm's IPO, in addition to experience at Danone Waters and other firms. Michaelson has served at advertising firms such as Grey, Ogilvy, and Dentsu, in addition to experience at Bank of America. He also headed up corporate development at Overture Services.
Santa Barbara-based TrackStreet , a provider of internetbrand protection and analytics software, said today that it has named Ryan Erickson as Vice President of Sales. Erickson was most recently Vice President of Sales for Teva North America, a division of Deckers Brands, and also has served at Timberland, Rockport and Reebok.
Scott left the company, which eventually IPO’d and became InternetBrands. A demand side advertising platform which allows advertisers to bid on individual ad impressions in real time, based on the site and who would see it. Total raised: $125mm See: TechCrunch.
I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. Some IdeaLab successes / brand names aside from Overture & CitySearch? Cars Direct / InternetBrands. Shopping.com. The Wedding Channel. Insider Pages.
Is there a way you can make direct mail perform more like digital advertising channels? We've both build marketing technology platforms in emerging digital channels, and also built direct-to-consumer brands who rely heavily on performance marketing and data-driven marketing. We were working on a portfolio of consumer Internetbrands.
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