Monday, January 16, 2012

Stripes Group Closes $25 Million Minority Growth Investment in eMarketer

Stripes Group has completed a $25 million minority investment in eMarketer (emarketer.com), a business information provider covering digital marketing, media and commerce.

Stripes’ equity stake was acquired by purchasing a portion of the equity held by early eMarketer investors, including the company’s major shareholder, Beehive Ventures, LLC, and the company’s founders. This recapitalization is designed to provide liquidity for long-time shareholders and support the rapid growth of eMarketer.

http://library.constantcontact.com/download/get/file/1103262434462-16/Stripes+Group_eMarketer+Press+Release_Jan2012.pdf