M&A Deal Summary

TheStreet Acquires Bankers Financial Products

On November 2, 2007, TheStreet acquired information services company Bankers Financial Products for 25M USD

Acquisition Highlights
  • This is TheStreet’s 4th transaction in the Information Services sector.
  • This is TheStreet’s largest (disclosed) transaction.
  • This is TheStreet’s 5th transaction in the United States.
  • This is TheStreet’s 2nd transaction in Wisconsin.

M&A Deal Summary
Date 2007-11-02
Target Bankers Financial Products
Sector Information Services
Buyer(s) TheStreet
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Bankers Financial Products

Fort Atkinson, Wisconsin, United States
website
Bankers Financial Products Corp. is the manager of BankingMyWay (www.BankingMyWay.com) and RateWatch (www.Rate-Watch.com). RateWatch is a provider of pricing solutions for banks and credit unions. Bankers Financial Products Corp. was founded in 1989 and is based in Fort Atkinson, Wisconsin.

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Buyer(S) 1

Buyer

TheStreet

New York, New York, United States

website

Category Company
Founded 1996
Sector Information Services
Employees651
Revenue 53M USD (2018)
DESCRIPTION

TheStreet, Inc. is a digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, Chat on TheStreet, and MainStreet. TheStreet, Inc. was formed in 1996 and is headquartered in New York City.

DEAL STATS #
Overall 5 of 8
Sector (Information Services) 4 of 6
Type (Add-on Acquisition) 5 of 8
State (Wisconsin) 2 of 2
Country (United States) 5 of 7
Year (2007) 4 of 4
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-02 RateWatch

Fort Atkinson, Wisconsin, United States

RateWatch is a data collection company gathering thousands of data points from nearly 100,000 financial institution locations across the United States every week. RateWatch data points are geographically packaged into reports and sold to financial institutions for competitive pricing analysis. RateWatch was founded in 1989 and is based in Fort Atkinson, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-19 Kikucall

United States

Kikucall is an interactive marketing and mobile agency.

Buy -
Mergr

Product

Company

Legal