Add a listing
0
Add a listing

Internet Brands discloses $12 bln valuation with Warburg Pincus investment

43480 internet brands discloses 12 bln valuation with warburg pincus investment

Internet Brands Inc. said Tuesday it drew an enterprise value of $12 billion as part of a recapitalization in which Warburg Pincus invested an undisclosed sum in the El Segundo, Calif.-based online media and software services company. KKR & Co. Inc. KKR, +0.97% will remain the majority investor in Internet Brands, with existing investor Temasek retaining a minority position. “While Internet Brands has grown 8X since KKR’s initial investment in 2014, we know the greatest opportunities for us are still ahead,” Internet Brands CEO Bob Brisco said. As part of the deal, Mark Colodny, co-head of U.S. private equity for Warburg has joined the Internet Brands board.

Source: Marketwatch

Related Posts

Recent Posts
Leading Key
Asian Shares Asian Stocks bafin Blog brent brokerswatch CBI Ireland cftc cointelegraph Commodities Crude Oil energy european fca fcnb FINRA Forex fsma fxpro Gold gold-price Inflation Interview Market Analysis markets Marketwatch News News stories oil oott OPEC Press Release Press Releases Roboforex Russia Speech Statements stock markets Stocks Technical analysis tickmill Trading Warning Notice wti xgloabalmarkets
About
brokerswatch white red logo

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch Forex Brokers Directory has made it very simple.  Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Twitter Facebook-f Instagram Linkedin Reddit

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of  part or all of your initial investment is possible;  therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer:  All data and information on this Website are provided “as is” and to be used only for information purposes.  Information is not  intended for trading or trading recommendations.  The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.