Gemspring Capital acquired Bobit Business Media.

Gemspring Capital acquired Bobit Business Media, a leading B2B media company. Financial terms were not disclosed. Aron Grossman, Principal at Gemspring, added: “Bobit has established a leading position in the fleet, transportation, beauty, and law enforcement B2B media markets driven by differentiated content, products and customer relationships. We look forward to partnering with Richard and the entire Bobit team to build upon this foundation in the next stage of the Company’s growth.”