Month: April 2016

TSNN
UBM added more than a few dozen shows to its fashion portfolio in the US with the acquisition of Business Journals Inc. for $69 million. BJI serves the men’s and women’s apparel and accessories markets.

SIIA 
SaaS has been one of the most successful business model innovations of the past few decades. For software companies, an alternate services-led approach can also make sense for many customers and business cases. Call it “SaaS as a Service”. Or maybe “Software as a Service as a Freakin’ Awesome Service”– SassafraS.

PRNewswire
CEB (NYSE: CEB), a best practice insight and technology company, announced that it will acquire Evanta, C-Suite executive development and collaboration solutions for peer-to-peer engagement, networking and leadership training, from Leeds Equity Partners for a total cash consideration of $275 million. 

PE HUB
New York investment bank JEGI announced it has hired Doug Stowe as executive vice president of its Professional Services Group. Stowe previously served as an executive director in the investment banking group at Oppenheimer & Co for eight years.

StreetInsider.com
CEB announced that it will acquire Evanta Ventures and an affiliated business, which are owned primarily by Leeds Equity Partners, for total cash consideration of $275 million, subject to customary post-closing adjustments.

AdExchanger
Marketing services and tech M&A activity in the first quarter of 2016 resulted in 187 transactions that generated $8.1 billion of deal value, according to JEGI’s Q1 2016 M&A overview report.