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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.
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
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 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 said Thursday that it has acquired seven consumer websites, as part of an expansion of its health and home vertical markets. Financial details of the acquisitions were not disclosed. Financial details of the acquisitions were not disclosed. READ MORE>>.
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. 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 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.
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. 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 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. a year ago.
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. READ MORE>>
Los Angeles-based InternetBrands reported earlier this week in its quarterly results that it spent $1.6 Tags: internetbrands merger acquisition ecommerce. Looking to figure out how much your niche web site is worth? million for the 5 vertical websites it purchased during the quarter. 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 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 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.
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>>.
In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. CarsDirect is owned by InternetBrands, which recently went private in an acquisition by Hellman & Friedman. READ MORE>>.
San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company.
If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. Staying operationally efficient is really challenging. READ MORE>>.
To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. We've created over a billion dollars in public market capital created by our investments here.
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