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Announced

J2 Global to acquire RetailMeNot from Vericast for $420m.

Financials

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Transaction Value£333m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Acquisition

Pending

Disposal

Single Bidder

Domestic

collection of coupon web sites

digital savings destination

Online and Social Platforms

United States

Private

Synopsis

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J2 Global, an Internet information and services company, agreed to acquire RetailMeNot, a coupon company, from Vericast, a marketing solutions company, for $420m. "We are excited at the prospect of adding RetailMeNot, and their talented employees, to our portfolio of brands dedicated to helping consumers save money and find deals, while delivering performance marketing solutions to retailers and brands," Vivek Shah, J2 Global CEO.

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