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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 The price is a premium of approximately 46.5

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TrueCar Bolsters Dealer Outreach With New VP

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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.

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How OneStop Internet Is Powering Ecommerce For Brands

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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. Everyone is now pretty much selling direct on apparel sites now.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott left the company, which eventually IPO’d and became Internet Brands. It is the most accurate data out there that you can use to carry into a dealership and negotiate on price. Site launched in October and CEO stated ad impressions are increasing ~200% month; now at 15 billion impressions/day.

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