Fusion Corporate Partners

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-320
 
Business:  topTenReviews
Web:  http://www.toptenreviews.com/
Location:  USA, Ogden, UT
Region:  North America
Business description:  TopTenREVIEWS make a recommendation for the best product in each of their categories (sodtware, electronics, we services, small business, science tech, mobile, movies, music, video games and gift ideas)
Category: Reviews, Retail
Contact 1:  Jerry Ropelato, Chief Executive Officer
Contact 2:  Stan Bassett, President
Contact 3:  Mark Westlake, Chief Revenue Officer 
 
Investors:  Previous backers Highway 12 Ventures and Village Ventures
  
Amount raised:  $1,500,000
  
Details:  TopTenReviews has raised $1.5 million in its second round of funding

Link:  Regulatory Filing

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
FDN Database Reference:  F231109-298
 
Acquirer:  The managers of the Promotions.com business, who prior to the closing were employees of the Company
ACQ Web:  http://www.promotions.com
Location:  USA, New York, NY
Region:  North America
Description:  Interactive services provider for marketers, agencies, and media companies
Category:  Marketing
 
Vendor:  TheStreet.com TSCM
Vendor Web:  http://www.thestreet.com
Location:  USA, New York, NY
Region:  North America 
Description:  American financial news, stock quotes and picks website
Category: Media, Finance
Contact 1:  Jim Cramer, chairman
Contact 2:  Daryl Otte, CEO
 
Aprox. Value:  $3.1M ($1M cash, $2.1M notes)
 
Details:  TheStreet.com has sold Promotions.com for an aggregate price of approximately $3.1 million. The purchaser is a company owned by the managers of the Promotions.com business, who prior to the closing were employees of the Company.  In connection with the Sale, the Company received a payment of $1.0 million in cash and notes in an aggregate principal amount of approximately $2.1 million.  The notes are payable in six equal monthly installments commencing April 1, 2010.  The Company was granted a security interest in the securities and assets of the Promotions.com business until the notes are fully paid, and one of the notes (with a principal amount of $0.3 million) is guaranteed by the principals of the Purchaser.  In the event that, prior to December 18, 2011, there is a change in control of the Purchaser or all or substantially all of the assets of the Promotions.com business are sold for a consideration  in excess of the Sale Price, the Company will be entitled to receive an additional payment from the Purchaser, equal to 50% of such excess if the event occurs on or before December 18, 2010 and 25% of such excess if the event occurs after December 18, 2010 and prior to December 18, 2011.
 
Link: Regulatory Filing

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

FUND RAISING 
Database Reference:  F231109-318
 
Business:  Reframe It
Web:  http://www.reframeit.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Reframe’s technology enables users to comment on any online content, and to share those comments, with or without permission of the website, across sites with friends and colleagues via Twitter, Facebook, other social media sites, and by email. Reframe It offers publishers a branded community that allows websites to enable web annotation integrated into the site. Comments can be private, public, or visible only to certain groups, and users can see those comments in context as they browse the Web.
Category: Technology, Social Network
Contact:  Bobby Fishkin, founder and CEO
 
Investors:  Investors include the Sacramento Angels, the Sierra Angels, the North Bay Angels, the Silicon Valley Angels, Esther Dyson, Mark Walsh, John Schairer, Allen Miner and Daniel Zumino (Sierra Angel and Sacramento Angels led the round).

Amount raised:  An SEC filing shows that the company has raised $2.2 million so far of a $3.36 million round.
 
Details:  Reframe It, Inc., a leading provider of web technology services for annotating and building community around online content, today announced that the company has successfully closed a multi-million dollar financing round. The amount is undisclosed in the press release. Mark Walsh, former CEO of VerticalNet, and former CTO of the Democratic National Committee has joined Esther Dyson, Henry Louis Gates, Jr., Howard Rheingold and others on Reframe It’s advisory board.

Links:  

• Press Release
• Regulatory Filing
   

   
   
   

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

ACQUISITION 
FDN Database Reference:  F231109-294
 
Acquirer:  Seguin Partners
ACQ Web:  http://www.seguinpartners.com
Location:  USA, Woburn, MA
Region:  North America
Description:  Seguin Partners is a private equity investment firm which focuses on growing companies in certain segments of the business services market including business-to-business information, publishing, media, healthcare, security, and other outsourced business services.
Category:  Private Equity
Contact 1:  Alan Glass, Operating Partner (will become chairman of the board of the new CFO Publishing Holdings, Inc)
Contact 2:  Martin Madden, Managing Partner
 
Vendor:  The Economist Group
Vendor Web:  http://www.economistgroup.com
Location:  USA, New York, NY
Region:  North America
Description:  The publications and services delivered under The Economist brand are The Economist magazine, The Economist online, Economist Intelligence Unit, Economist Conferences, The World In and Intelligent Life. The Group’s other brands include: CQ-Roll Call Group and European Voice (aimed at decision-makers on Capitol Hill and Brussels respectively) and EuroFinance, a cash and treasury management event business.
Category: Media
Contact 1:  Paul Rossi, Managing Director and EVP of The Economist Group in the Americas
 
Acquisition  The CFO Group
Acquisition Website:  http://www.cfo.com
Location:  USA, Boston, MA
Region:  North America
Description:  CFO is focused on the information needs of C-level and senior finance executives. In addition to CFO magazine, the business includes a fast-growing portfolio of online products and services as well as conferences and custom research and publishing.
Category: Media
Contact 1:  Frank Quigley, will become president and CEO.
Contact 2:  Julia Homer will remain executive vice president and chief content officer
 
Aprox. Value:  Undisclosed
Details:  Private equity firm Seguin Partners has acquired CFO Publishing, in partnership with CFO’s management, from the Economist Group. According to the terms of the deal, a new company formed by Seguin will acquire CFO’s assets. The Economist Group will retain a substantial minority stake in the new company.
 
Link: Press Release

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

ACQUISITION 
FDN Database Reference:  F231109-293
 
Acquirer:  CitySquares
ACQ Web:  http://www.citysquares.com
Location:  USA, Boston, MA
Region:  North America
Description:  Hyper-local search firm for small businesses. A basic business profile on City-Squares is free; firms can pay $15 per month for a “deluxe” listing or $50 per month for a premium listing. The site currently has about 2,000 small-business advertisers and about 14.5 million businesses listed on the site.
Category:  Search, Retail, Directory
Contact 1:  Ben Saren, co-founder and CEO
Contact 2:  Rod Van Sciver, angel investor with eCoast Angel Network and CitySquares board member
  
 
Vendor:  Yokel.com
Vendor Web:  http://www.yokel.com
Location:  USA, Boston, MA
Region:  North America
Description:  Online retail directory that helps visitors find which local businesses sell a particular product or brand.
Category: Retail, Directory
Contact 1:  Scott Randall, co-founder and CEO
Contact 2:  Don Zereski, co-founder
  
Aprox. Value:  Undisclosed
 
Details:  Quotation from the CitySquares Blog. “We are excited to see what the future has in store for both CitySquares and Yokel. We see many potential opportunities to combine the power of product and hyper-local search to help local merchants across the nation build a stronger and bigger customer base.”
 
Links: 

• CitySquares Blog              
• Boston Business Journal