Digital Media M&A


Monomoy Capital Partners has acquired the Missy Group — Monomoy Capital Partners has acquired the Missy Group from the Redcats Group Inc., a unit of French holding company PPR SA. No financial terms were disclosed. Missy Group will be renamed Women’s Apparel Group LLC, and is a catalog and online retailer of “value-priced” clothing and accessories under the Chadwick’s, metrostyle and Closeout Catalog Outlet brands.

Monster Acquires Job Search Site Trovix For $72.5 Million; Military Site Armees.com — Monster, the incumbent job site, has announced a couple of deals this afternoon, as it looks to fight off upstart competitors, like LinkedIn, Craigslist, Indeed.com and TheLadders… first it has acquired Mountain View-based Trovix, a site that applies semantic search technology to job search. The acquisition price was $72.5 million in cash. Monster says it will integrate its technology, which can help scan resumes and job openings for better matching. Trovix was founded in 2002, and was backed by 3i, Granite Ventures and US Venture Partners. The company has announced over $18 million in funding over two rounds.

YouTube Buys Video Tools Firm Omnisio — YouTube, part of Google, has done a rare acquisition: it has bought online video tools firm Omnisio, for an undisclosed sum. The small Atherton, CA-based startup has mashups, video annotation, video presentations and other tools to allow video sharing users to better express themselves…the thought is that these will be integrated within YouTube as well. For these mashups, the service could ingest video in from YouTube, Google Video and Blip.tv, though it may be that it discontinues Blip if it is integrated into YouTube. TC says the deal is all cash and is in the $15 million range.

WPP Group Acquires Majority Stake In Actis — WPP announces that its wholly-owned operating company, Wunderman, the New York-based global relationship marketing network, has acquired a majority stake in Alite Ltd, trading as Actis, one of Russia’s leading digital agencies. Founded in 1997, Moscow-based Actis employs more than 120 people. Offering full-spectrum digital services, Actis provides strategy, design, development and content management for clients in Russia and the Commonwealth of Independent States (CIS). The agency has completed more than 700 commercial internet projects for clients including Canon, Microsoft, MTV and VimpelCom. Actis’ unaudited revenues for the year ended 31 December 2007 were RUB 124m (EUR 3.4m), with gross assets at the same date of RUB 51m (EUR 1.4m). This investment continues WPP’s strategy of developing its networks in fast growing markets and sectors and strengthening its capabilities in digital media.

Yellow Pages To Buy Volt Directory Services — Yellow Pages Group said Wednesday, July 30, that it has agreed to buy the directory systems, services and North American publishing operations of Volt Information Sciences Inc. for about $178 million in cash. New York-based Volt, a staffing company, said the deal includes its directory systems and services assets, which provides telephone directory database management. Also included is DataNational, a publisher of community directories under the Community Phonebook brand.

AOL Buys Online Profile Manager SocialThing — AOL has bought Socialthing, a company the offers to help manage users online identities, according to Techcrunch. The Boulder, CO.-based company raised $300K of a planned $500K back in October and has been in beta since last year as well. Terms of the deal weren’t revealed. In March, AOL expanded its web mail service to include tighter integration with its AIM messaging tools. The purchase of Socalthing is likely tied to efforts to make services like AIM more portable.

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