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Announced

Completed

Rockbridge completed the acquisition of ProSites.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

United States

websites designer

Private Equity

Online and Social Platforms

Acquisition

Completed

Majority

Friendly

Synopsis

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Rockbridge, a Detroit-based private equity firm, completed the acquisition of ProSites, a provider of comprehensive online marketing solutions, from The Riverside. Financial terms were not disclosed. "ProSites is our latest investment in the digital marketing space. Dave Rutan and his team have built a market-leading company with a broad portfolio of products that serve local community professionals. We look forward to working with Dave and the company to accelerate the company's growth, increase the range of services it provides and targets new verticals that can benefit from ProSites' services," Kevin Prokop, Rockbridge Managing Partner.

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