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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 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 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.
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 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 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 Wednesday it has acquired Tjoos.com , an online coupon web site. InternetBrands said that Tjoos.com would join the firm's shopping vertical. Tjoos had over 1 million unique visitors in February 2010, according to InternetBrands. READ MORE>>.
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 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.
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 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 building out its travel vertical today, saying that it has acquired The Frugal Travel Guy , an online travel blog. InternetBrands said the acquisition will help it bolster the lineup of travel sites its owns, including FlyerTalk, Wikitravel, and CruiseMates. READ MORE>>.
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>>.
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 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 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 versus $24.9M a year ago. The firm also reported it had acquired GrooveJob.com, which it had previously announced back in October.
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
Irvine-based Autobytel , Los Angeles-based LeadPoint , and El Segundo-based InternetBrands have settled a multi-party, patent lawsuit that was filed by Autobytel against the other firms. Tags: autobytel leadpoint internetbrands patent lawsuit. Financial terms of the settlement were not disclosed. READ MORE>>.
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. Tags: internetbrands traffic revenues content. for the similar period last year.
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.
InternetBrands has reached an agreement to acquire Avvo Inc., an online directory of law firms and legal services, for an undisclosed amount, according to a press release.
WebMD Health Services , which is a subsidiary of WebMD, itself a part of Los Angeles-based InternetBrands , said this morning that it hass launcheda new financial wellness product. InternetBrands acquired WebMD in July of 2017, in a deal worth $2.8 READ MORE>>.
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.
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.
InternetBrands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people.
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?
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 billion), Convertro ($101M), Inktank ($175M), Oculus VR ($2 billion), and Maker Studios ($950M), just to mention a few. READ MORE>>.
The firm said it has hired Ken Potter, most recently VP and General Manager at Automotive for InternetBrands, to the new position. Potter was responsible for InternetBrands' CarsDirect.com site, and served at the firm for 11 years. Potter also has served as General Manager of two car dealerships, including CarMax.
Holt was most recently at eHarmony, and also has served at such firms as InternetBrands, The Los Angeles Times, and Lot 11 Studios. The firm said that Holt will be responsible for day-to-day operations at the company, as well as future product enhancements.
SheKnows was ranked number 49 on the list; other local companies ranked among the top 50 include InternetBrands (50), Demand Media (16), BUZZMEDIA (38), Disney Online (30), Break Media (31), and MySpace (44). READ MORE>>.
First Round's local portfolio firms include GumGum, Dayak, Kidzui, Techforward, and OpenX, and Howard Morgan sits on the boards of InternetBrands, Energy Innovations, Evolution Robotics Retail, and Snap.com. First Round Capital said the new fund is only available to its portfolio firms.
Domeyer was previously CTO at InternetBrands, and also has served at firms such as Pacific Gas & Electric Energy Services and the Times Mirror Company. According to Oversee.net, Morrow is leaving to "pursue other interests". Domeyer and Morrow had both been named to the co-CEO positions in January.
Nativo said it has been selected by The Street, USA Today Sports Media Group, Source Interlink Media, Kiplinger Washington Editors, InternetBrands, Entrepreneur Media, Investor Place Media, Reader''s Digest, Sandusky Newspapers , as well as others, where it is providing native advertising to those publishers.
Walker is an investor and has been involved in such companies as Westpoint Integrated Technologies; Holt previously has been at InternetBrands, eHarmony, OnGreen.com, and Neodata. According to the company, it has appointed Glenn Walker as Chief Strategy Officer at Ranker, and Stan Holt as Chief Revenue Officer.
March Capital Partners' founders have previously invested in such companies as PayPal, The Rubicon Project, InternetBrands and CrowdStrike. The firm said it invests globally, and invests in everything from mobile, enterprise, infrastructure, to gaming and other industries. READ MORE>>.
Hansen was previously CFO at InternetBrands , where he oversaw that firm's IPO, in addition to experience at Danone Waters and other firms. Lamb was previously at American Discovery, and also was co-founder and COO of local startup Done Right! He also headed up corporate development at Overture Services.
CarsDirect is owned by InternetBrands, which recently went private in an acquisition by Hellman & Friedman. The site includes better navigation features, more research and in-depth specifications and reviews, articles, breaking automotive news, and more. READ MORE>>.
Domeyer had been CTO at InternetBrands, and also served at PG&E and the Times Mirror Company. Both have been heading up Oversee.net's operations since shortly before Jeff Kupietzky left the company last year, to relocate to Israel for family reasons. READ MORE>>.
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.
The toolbar is apparently running on sites such as AskMen.com and a number of InternetBrands properties. Tags: paparrazi photography photo celebrity internet advertising toolbar image gumgum. GumGum is one of this year's class of Launchpad LA members, and is backed by GRP Partners, First Round Capital, and others. READ MORE>>.
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