Internet Brands Acquires Avvo

socalTECH

Los Angeles-based Internet Brands said on Thursday that it has agreed to acquire Avvo , which operates an online legal marketplace where consumers can connect with lawyers. According to Internet Brands, Avvo will become part of its Legal vertical. internet brands avvo merger acquisition legal marketplace

Internet Brands Acquired By KKR

socalTECH

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Internet Brands said that CEO Bob Brisco and the company''s existing management team will continue to hold a minority stake in the company, and continue to run the business. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company.

Internet Brands Buys WebMD For $2.8 Billion

socalTECH

El Segundo-based Internet Brands , which is owned by private equity investor KKR, agreed this morning to acquire WebMD in a deal worth approximately $2.8 According to WebMD, Internet Brands will pay $66.50 Internet Brands is run by CEO Bob Brisco. KKR acquired Internet Brands in 2014. internet brands merger acquisition webmd health lifescience information content

Internet Brands Acquisition Completes

socalTECH

El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. Internet Brands said that the firm will cease trading on the NASDAQ Global Select Market at close of the market today. JMI Equity also invested in Internet Brands as part of the sale. internet brand hellman friedman merger acquisition ecommerce advertising

Internet Brands Acquires Demandforce

socalTECH

Los Angeles-based Internet Brands said Friday that it has acquired Demandforce , a developer of marketing software and services. Internet Brands acquired Demandforce from Intuit, which had acquired Demandforce back in 2012. Internet Brands says that Demandforce will become part of its Health portfolio. intu intuit lifescience healthcare health software marketing demandforce acquisition merger brands internet

Internet Brands' WebMD Launches New Financial Wellness Product

socalTECH

WebMD Health Services , which is a subsidiary of WebMD, itself a part of Los Angeles-based Internet Brands , said this morning that it hass launcheda new financial wellness product. Internet Brands acquired WebMD in July of 2017, in a deal worth $2.8 internet brands webmd financial wellness literacy health education healthcare services

Internet Brands Acquired For $640M

socalTECH

El Segundo-based Internet Brands , 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 Internet Brands, Hellman & Friedman will pay $13.35 Internet Brands board was advised by Jeffries & Company, and Skadden, Arps, Slate, Meagher & Flom LLP in the deal.internet Brands was advised by Munger, Tolles & Olson LLP.

Internet Brands Buys Tjoos.com

socalTECH

Los Angeles-based Internet Brands said Wednesday it has acquired Tjoos.com , an online coupon web site. Internet Brands said that Tjoos.com would join the firm's shopping vertical. Tjoos had over 1 million unique visitors in February 2010, according to Internet Brands. Tags: internet brand tjoos coupon merger acquisition Financial terms of the acquisition were not disclosed.

Internet Brands to Acquire Lawyer Search Website Avvo

L.A. Business Journal

Internet Brands 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

Internet Brands Acquisition Worth $1.1 Billion, Says Report

socalTECH

The acquisition this morning of El Segundo-based Internet Brands by KKR is worth a cool $1.1 KKR and Internet Brands announced the deal this morning without any financials. KKR is buying Internet Brands from current private equity owners Hellman & Friedman and JMI Equity, who paid around $640M for Internet Brands back in 2010. internet brands merger acquisition internetbrands private equity jmiequity hellman friedman

Internet Brands Buys Five Auto Websites

socalTECH

Los Angeles-based Internet Brands is continuing its domain acquisition streak, saying Tuesday that it has acquired five, new enthusiast websites. Internet Brands said it has acquired 5series.net , CobaltSS.net , gtr.co.uk , DieselTruckResource.com and DieselBombers.com. All of the websites provide automotive related information, and become part of Internet Brands Automotive Network.

Internet Brands Buys The Frugal Travel Guy

socalTECH

Los Angeles-based Internet Brands is building out its travel vertical today, saying that it has acquired The Frugal Travel Guy , an online travel blog. Internet Brands said the acquisition will help it bolster the lineup of travel sites its owns, including FlyerTalk, Wikitravel, and CruiseMates. The Frugal Travel Guy was foundedin 2007 by Rick Ingersoll, who Internet Brands said will continue to produce the site after the acquisition.

Internet Brands to Buy WebMD for $2.8 Billion

L.A. Business Journal

Internet Brands Inc. of El Segundo announced an agreement Monday to acquire online medical information company WebMD for $2.8 billion

Internet Brands Buys ExpertHub, Shopping Sites

socalTECH

Los Angeles-based Internet Brands 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 Internet Brands, ExpertHub will become part of the firm's Money and Business vertical. Tags: internet brands experthub merger acquisition vertical ecommerce content

Internet Brands Revenues Grow In Q2

socalTECH

Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. Internet Brands--which has been an aggressive acquirer of web sites--also revealed that it acquired six websites in Q2, for a total of $8.6M.

Internet Brands Buys Seven Consumer Web Sites

socalTECH

Los Angeles-based Internet Brands said Thursday that it has acquired seven consumer websites, as part of an expansion of its health and home vertical markets. Internet Brands said it has acquired DentalFind.com , InfertilitySpecialist.com , SkinCareGuide.com , DavesGarden.com , Gardens.com , Craftster.org , and Splitcoaststampers.com. Tags: internet brands merger acquisition consumer ecommerce advertising content

Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

Los Angeles-based Internet Brands revealed it spent $24.2M In addition to those details, Internet Brands 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 Internet Brands said it had net income of $4.3M Tags: internet brands merger acquisition consumer content publishing earnings

Internet Brands Buys Two Women's Sites From eHarmony

socalTECH

Los Angeles-based Internet Brands said Monday that it has acquired two web sites aimed at women, Weddingbee.com , and JustMommies.com from Pasadena-based eHarmony. Internet Brands said the buy would bolster its list of women-focused websites. Internet Brands and eHarmony said that eHarmony had been operating the two sites for "several years" before the sale. internet brands eharmony merger acquisition content women advertising mommy blog

Silicon Beach Report July 24: Internet Brands to Buy WebMD for $2.8 Billion

L.A. Business Journal

Internet Brands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people

Internet Brands Sued By Founders of Model Mayhem

socalTECH

Los Angeles-based Internet Brands 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, Internet Brands failed to make deferred payments which were a part of the deal to acquire Model Mayhem. Internet Brands has not released any statement about the lawsuit so far. Internet Brands acquired Model Mayhem in August of 2008.

Autobytel, Leadpoint, Internet Brands Settle Patent Suit

socalTECH

Irvine-based Autobytel , Los Angeles-based LeadPoint , and El Segundo-based Internet Brands have settled a multi-party, patent lawsuit that was filed by Autobytel against the other firms. According to the companies, LeadPoint, Autobytel, Internet Brands, and Insweb have all entered into a settlement agreement over a patent lawsuit filed by Autobytel, and a retaliatory lawsuit by the others against Autobytel.

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , 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. Internet Brands had gone public just three years ago. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007.

Internet Brands: 5 Websites For $1.6M

socalTECH

Los Angeles-based Internet Brands reported earlier this week in its quarterly results that it spent $1.6 The three sites that Internet Brands named were FinWeb.com, SmallBusinessNotes.com, and Outblush.com; FinWeb.com had around 50,000 unique visitors last month, according to Compete.com; SmallBusinessNotes around 65,000 unique visitors; and Outblush.com also around 50,000 uniques. Tags: internet brands merger acquisition ecommerce

Internet Brands Traffic Up, Revenues Flat

socalTECH

Los Angeles-based Internet Brands 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: internet brands traffic revenues content

Internet Brands Buys Three Web Sites

socalTECH

Los Angeles-based Internet Brands 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. Tags: domain site acquisition merger brands internet The firm said it has acquired BusinessMart.com and BusinessFinance.com for its Money and Business vertical, and KidsCamps.com for its Travel and Leisure vertical.

Internet Brands Buys Two Websites, Targets Money and Finance

socalTECH

Los Angeles-based Internet Brands 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. Internet Brands said it has acquired Finweb.com , a site focused on personal finance, and SmallBusinessNotes.com , which provides advice to small business owners.

Internet Brands Sees Quarterly Boost, Buys Three Websites

socalTECH

Los Angeles-based Internet Brands 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 In its earnings release, Internet Brands said it has acquired CVtips.com , an online job search site; Steves-digicams.com , a web site focused on news and reviews of digital cameras; and SellMyCar.com , a web site listing used and new automobiles.

Internet Brands Buys Two Web Sites, Looks To Future Acquisitions

socalTECH

Los Angeles-based Internet Brands 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 Internet Brands said it spend $10.7M Separately, Internet Brands said it has secured a $35M revolving line of credit from Silicon Valley Bank, which it plans to use for acquisitions starting in mid-2009.

How OneStop Internet Is Powering Ecommerce For Brands

socalTECH

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.

Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

L.A. Business Journal

region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018 Venture capital investment to L.A.

Trackstreet Names VP Sales

socalTECH

Santa Barbara-based TrackStreet , a provider of internet brand 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. TrackStreet develops technology for monitoring brand reputation, Minimum Advertised Price (MAP) agreements, customer reviews, and similar information.

Sales 116

JMI Equity Names New General Partners

socalTECH

Vakil has been at JMI since 2012, and was most recently serving as a Principal; he helped invest in Applied Systems, Arena, Avecto, Code42, Internet Brands (acquired by KKR), Intradiem, and Seismic. San Diego- and Baltimore-based private equity investor JMI Equity announced this morning that it has promoted Suken Vakil and Randy Guttman to General Partner. Vakil is based in San Diego, and Guttman is based in Baltimore.

Equity 100

TrueCar Bolsters Dealer Outreach With New VP

socalTECH

The firm said it has hired Ken Potter, most recently VP and General Manager at Automotive for Internet Brands, to the new position. Potter was responsible for Internet Brands' CarsDirect.com site, and served at the firm for 11 years. Santa Monica-based TrueCar said Friday that it has hired a new Vice President, Dealer Development, to bolster its efforts to retain and grow its network of dealer partners.

Ranker Adds Executives

socalTECH

Walker is an investor and has been involved in such companies as Westpoint Integrated Technologies; Holt previously has been at Internet Brands, eHarmony, OnGreen.com, and Neodata. Los Angeles-based Ranker , which operates an online website for users to share their opinions and lists on countless topics, has hired on a number of new executives. According to the company, it has appointed Glenn Walker as Chief Strategy Officer at Ranker, and Stan Holt as Chief Revenue Officer.

Another Nearly $100M Exit In LA: Media Temple

socalTECH

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), Internet Brands ($1.1 Add another, big exit to the list of the growing list of companies in Southern California: Media Temple , the premium hosting provider founded by Demian Sellfors. The company was actually acquired in October , however, no financials on that acquisition were announced at the time.