M&A Deal Summary

TheStreet Acquires SmartPortfolio.com

On December 21, 2000, TheStreet acquired information services company SmartPortfolio.com

Acquisition Highlights
  • This is TheStreet’s 1st transaction in the Information Services sector.
  • This is TheStreet’s 1st transaction in the United States.
  • This is TheStreet’s 1st transaction in Florida.

M&A Deal Summary

Date 2000-12-21
Target SmartPortfolio.com
Sector Information Services
Buyer(s) TheStreet
Deal Type Add-on Acquisition

Target

SmartPortfolio.com

Lakeland, Florida, United States
SmartPortfolio.com Inc. is a financial newsletter business with 250,000 readers.

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Buyer(S) 1

Buyer

TheStreet

New York, New York, United States

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 1 of 8
Sector (Information Services) 1 of 6
Type (Add-on Acquisition) 1 of 8
State (Florida) 1 of 1
Country (United States) 1 of 7
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-25 Stockpickr.co

New York, New York, United States

Stockpickr.com boasts a Web 2.0 offering in a forum where people who want to learn how the rich get richer meet to compare and exchange investment strategies and techniques. With insight into over 800 professional portfolios (including the portfolios of Warren Buffett and George Soros) and thousands of individual investor portfolios, visitors to the site can learn how to invest following professionals' strategies.

Buy -