TPG-backed IMC completed the acquisition of a majority stake in StackCommerce.

TPG-backed IMC, a media investment platform, completed the acquisition of a majority stake in StackCommerce, an e-commerce and content platform for publishers and brands. Financial terms were not disclosed. “The opportunity to enable digital publishers and other influencers to monetize through commerce is becoming increasingly important as an alternative to traditional ad sales. Our investment in StackCommerce is a natural fit for the IMC platform as we continue to grow publishers’ revenue streams and their abilities to bring customers the best products,” Jon Miller, IMC CEO.