Add-on Acquisition • Marketing

Bankrate Acquires LeadKarma

On November 19, 2013, Bankrate acquired marketing company LeadKarma

Acquisition Context
  • This is Bankrate’s 2nd transaction in the Marketing sector.
  • This is Bankrate’s 7th transaction in the United States.
  • This is Bankrate’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date November 19, 2013
Target LeadKarma
Sector Marketing
Buyer(s) Bankrate
Deal Type Add-on Acquisition
Advisor(s) Petsky Prunier (Financial)

Target Company

LeadKarma

Cambridge, Massachusetts, United States
LeadKarma is a digital marketing company that utilizes advanced data science to connect our clients with qualified consumers. We are currently focused on the auto and health insurance verticals
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Buyer Overview 1

Buyer

Bankrate

New York, New York, United States

Category Company
Founded 1976
Sector Information Services
Employees552
Revenue 371M USD (2015)
DESCRIPTION

Bankrate is an online publisher, aggregator, and distributor of personal finance content. The Company's vision is to help consumers Maximize Your Money when they borrow, save or invest. With this in mind, RATE aggregates large scale audiences of in-market consumers by providing them with proprietary, fully researched, comprehensive, independent and objective personal finance and related editorial content across multiple vertical categories including credit cards, mortgages, deposits, senior care and other categories, such as personal and auto loans retirement, and taxes. RATE's flagship sites CreditCards.com, Bankrate.com, and Caring.com are leading destinations in each of their respective verticals and connect their vast audiences with financial service and senior care providers and other contextually relevant advertisers. RATE also owns and operates a number of specialist sites, apps and social platforms, including NextAdvisor.com, The Points Guy, Interest.com, Quizzle.com and Walla.by. Bankrate also develops and provides content, tools, web services and co-branded websites to over 100 online partners, including Yahoo!, CNBC and MarketWatch. In addition, Bankrate licenses editorial content to leading news organizations such as The Wall Street Journal and The New York Times. Bankrate was founded in 1976 and is based in New York.


Deal Context for Buyer #
Overall 7 of 11
Sector: Marketing 2 of 2
Type: Add-on Acquisition 7 of 10
State: Massachusetts 1 of 1
Country: United States 7 of 11
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-26 InsuranceAgents.com

Columbus, Ohio, United States

InsuranceAgents.com is a web portal to help consumers research and locate insurance brokers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-07 Caring

San Mateo, California, United States

Caring, Inc. operates Caring.com, is a senior care resource for family caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. Caring.com provides helpful caregiving content, online support groups, and a comprehensive Senior Care Directory for the United States, with nearly 55,000 consumer ratings and reviews.

Buy $54M