Posted under Venture Capital
from http://www.pehub.com 768 days ago

Cox Target Media had acquired Savings.com and sister-site, Savoo.co.uk. Financial terms weren’t announced. Savings.com, of Los Angeles, provides personalized deals. In 2008, Savings.com raised $4 million in series B funding led by U.S. Venture Partners.Eric Mandl and Jason Sobol of Evercore Partners advised Savings.com.

PRESS RELEASE

Cox Target Media has completed its acquisition of Savings.com, including its sister site, London-based Savoo.co.uk, as a wholly owned subsidiary. Savings.com joins Valpak as a Cox Target Media company.
Savings.com is a leading online source for savings, personalized deals and the most knowledgeable money-savings experts online through its DealPro community. Valpak offers localized print and digital savings fueled by a network of franchisees in communities across North America. Through this acquisition, Cox Target Media substantially expands its business across traditional, digital, social and mobile platforms to solve unmet marketing industry ...

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