We are very pleased to announce the consummation of the following two transactions. Despite the tight credit markets and challenging economic environment, JEGI continues to work very hard to maximize value for its clients. JEGI’s unmatched success in bringing high-growth, quality assets to market reflects the strength and depth of the firm’s tenacious team of senior investment bankers.

Strategic buyers with strong balance sheets continue to pursue mid-size innovative companies that bring new teams, products, technologies and customers. Our two most recent transactions below are good examples of the continued vitality of strategic, business-building M&A.

We look forward to hearing from you to discuss your business’s M&A needs or the marketplace in general.


 

JEGI Client aCerno Has Been Sold to Akamai

JEGI (www.jegi.com) is pleased to announce that online behavioral targeting company aCerno (www.acerno.com) has been sold to Akamai Technologies (NASDAQ: AKAM) (www.akamai.com) for approximately $95 million in cash.

The acquisition of aCerno, a unique online co-operative of shopping and purchase data for enabling more relevant online advertising, greatly enhances Akamai’s Advertising Decision Solutions, a new product line announced recently. These new Akamai solutions enable online advertising businesses to boost the performance of their online marketing investments by driving smarter advertising decisions based on relevant audience segments.

“Akamai’s new Advertising Decision Solutions are a critical advancement in our product portfolio,” said Paul Sagan, President and CEO, Akamai. “Our investment in developing the Advertising Decision Solutions line over the past two years and acquiring aCerno today, represent a strategic next step for Akamai.”

Mike Afergan, Akamai’s CTO and Senior Vice President of Advertising Decision Solutions, added, “We plan to leverage and grow aCerno’s unique industry co-operative to enhance our new solution line. Our combined capabilities with aCerno should benefit the eco-system of ad networks, online publishers and Internet advertisers.”

“This is a big win for the online advertising industry,” said Tom Sperry, President and CEO, aCerno. “Greater precision in the advertising world reduces inefficiency, so advertisers earn a higher return on their investment. Together, Akamai and aCerno will create a unique solution for advertisers to expand their reach of customers across multiple publishers and networks, while leveraging predictive and descriptive modeling for improving conversion rates.”

“Tom Sperry and Dave Hinton, Chief Operating Officer of aCerno, have assembled a first-class team, designed a set of breakthrough services, and built trusted relationships with a valuable set of clients,” Mr. Sagan added. “We look forward to welcoming the entire aCerno team to Akamai and to working together to build even more value for our customers.”

For more information on the aCerno transaction, click here
or contact JEGI at 212-754-0710.


 

JEGI Advises Staffing Industry Analysts in Sale to Crain Communications


JEGI (www.jegi.com) is pleased to announce that Staffing Industry Analysts, Inc. (www.staffingindustry.com), the premier research, data and analysis firm covering the temporary workforce, has been sold to Crain Communications Inc. (www.crain.com), the 90+ year-old business-to-business media company.

“Crain Communications is broadening its portfolio of media assets with its acquisition of Staffing Industry Analysts. For almost 20 years, Staffing Industry Analysts has been serving staffing companies, and more recently large corporations that buy contingent labor, with research, data and events. The company’s

leading role in the marketplace, as the acknowledged expert and voice of independence, makes Staffing Industry Analysts an exciting addition to Crain,” said Rance Crain, President, Crain Communications.

On top of these products and services, Staffing Industry Analysts has also started to build out and manage peer-to-peer executive networks for buyers and providers of contingent labor services and software solutions.

“I can’t imagine becoming part of a better organization than Crain Communications, a company that has been responsible for information and data in so many industries for such a long time,” said Ron Mester, President & CEO, Staffing Industry Analysts. “We have watched the growth and change in the use of contingent labor over the last many years, and we believe the usage of contingent labor will continue to grow in the future. We are elated to be associated with the strong brand of Crain.”

Staffing Industry Analysts will become a wholly owned property of Crain Communications and will maintain its presence in Los Altos, CA. It will retain its employees and management, with the exception of current chairman, Peter Yessne. Ron Mester will continue to lead the organization.

For more information on the Staffing Industry Analysts transaction, click here
or contact JEGI at 212-754-0710.


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Marketing Services and Related Technologies