M&A Deal Summary

Beringer Capital Acquires Benzinga

On October 25, 2021, private equity firm Beringer Capital acquired internet software and services company Benzinga

Acquisition Highlights
  • This is Beringer Capital’s 1st transaction in the Internet Software and Services sector.
  • This is Beringer Capital’s 8th transaction in the United States.
  • This is Beringer Capital’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2021-10-25
Target Benzinga
Sector Internet Software and Services
Buyer(s) Beringer Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Canaccord Genuity (Financial)

Target

Benzinga

Detroit, Michigan, United States
Benzinga is a tech-enabled financial media platform that delivers dynamic news, investment analytics, and market information. Benzinga was founded in 2010 and is based in Detroit, Michigan.

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Buyer(S) 1

Buyer

Beringer Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1990
Size Small
Type Sector Agnostic
DESCRIPTION

Beringer Capital is a private equity and M&A advisory firm. Beringer's direct investment group looks to partner with founders of growing companies to maximize the value of their business. Areas of investment interest include marketing services, digital media, and specialty media. In addition to direct investing, Beringer also provides M&A and corporate development services. Beringer Capital was formed in 1990 and is headquartered in Toronto.

DEAL STATS #
Overall 9 of 12
Sector (Internet Software and Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 4 of 5
State (Michigan) 2 of 2
Country (United States) 8 of 9
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 Inman

Tallahassee, Florida, United States

Inman is a digital and in-person platform that reaches more than 2 million real estate, professionals through journalism, cutting-edge technology coverage, in-depth educational opportunities, and forward-thinking events. Inman was founded in 1996 and is based in Tallahassee, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-08 Dig Insights

Toronto, Ontario, Canada

Dig Insights helps companies to manage the full innovation lifecycle by identifying opportunities for a new, tech-enabled approach to understanding consumers. Realizing this vision included creating Upsiide, a restech platform, building new data visualization and financial forecasting tools, and finding new ways to leverage AI. Dig Insights was formed in 2010 and is based in Toronto, Ontario.

Buy -
Mergr

Product

Company

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