Thursday, November 3, 2011

Vantage Media Backers Disclosed For BrokersWeb Deal

El Segundo-based Vantage Media, the provider of performance marketing and online advertising services, was backed by BIA Digital Partners II LP, a private equity investment firm, as part of its acquisition of BrokersWeb, BIA announced Thursday. Vantage Media had announced the deal in September, without any financing details. BIA said that Patriot Capital II, L.P., also participated in the financing. Size of the financing round was not disclosed.