Energy efficiency company Octus is acquiring Élan Energy Corp. and Sunarias Corporation

February 23, 2011 — Fusion DigiNet

Energy efficiency company Octus is acquiring Élan Energy Corp. and Sunarias Corporation from Alternative Energy Partners (AEGY). The acquisition is exchange for common shares of Octus. AEGY previously acquired Élan Energy Corp. and its operating subsidiary, R.L.P. Mechanical Contractors, Inc., in a transaction with a stated value of $5 million, and acquired Sunarias in a transaction with a stated value of $2 million.

Octus is a building energy efficiency company that provides services to reduce the utility costs of commercial and institutional buildings through energy-efficient lighting, HVAC and water management systems and products. Clients include ARCO, Bank of America, Blockbuster, Chevron, Delta Airlines, Frito Lay, Hewlett-Packard, Home Depot, Ikea, Nabisco, Pepsi, Petco, Safeway, Sears, Siemens, and University of California.

In addition, Octus has agreed with Lin Han Equity Corporation to transfer majority ownership of Octus to Lin Han, in exchange for common stock in privately-held Healthcare of Today, Inc., and working capital to fund Octus’s growth strategy.

“The addition of Élan Energy, a proven, profitable and vibrant HVAC and refrigeration efficiency contractor, immediately boosts Octus’s financial strength, customer offerings and market reach,” said Octus CEO Chris Soderquist. “Market demand for combined energy and water-saving solutions, coupled with utility company rebates and project financing, has increased steadily in the last few months and these transactions will enable Octus to aggressively pursue existing and new business opportunities.”

As part of the transaction, the existing business operations of Octus will be transferred to a new, wholly-owned subsidiary operating company, and Octus will become a public holding company for its operating subsidiaries, providing administrative and related services to the entire corporate group.

Both transactions are expected to close by March 15, 2011.

USA, Davis, CA

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Investments in green companies and technologies globally now total more than $2 trillion

February 22, 2011 — Fusion DigiNet

A new report from Ethical Markets Media which tracks private investments since 2007 in green companies and technologies globally, says investments now total more than $2 trillion.

The Green Transition Scoreboard® (GTS) represents time-based, global research of non-government investments and commitments for all facets of green markets. This update of the GTS totals  $2,005,048,785,088 from 2007 to the end of 2010. This is significant because many studies indicate that investing $1 trillion annually until 2020 will accelerate the Green Transition worldwide.  The updated 2010 finding puts global investors and countries on track to reach the $10 trillion in investments goal by 2020.

Hazel Henderson, D.Sc.Hon., FRSA, former US government technology advisor and president of Ethical Markets Media said, “this new total is remarkable in spite of economic uncertainty.  It indicates that the global transition away from the 300-year fossil-fueled Industrial Era is accelerating toward the cleaner, greener, information-rich economies of the 21st century.”

Timothy Nash, M.Sc., Senior Advisor to Ethical Markets Media, adds, “This over $2 trillion total does not include nuclear, ‘clean’ coal or CCS, nor biofuels from food or agricultural sources, which we consider unsustainable.”

Rosalinda Sanquiche, Ethical Markets Media’s Executive Director and editor of the Green Transition Scoreboard® report, points out, “this startling amount does not include thousands of deals under $100 million, which we hope to include in future reports.  We have added and will continue to track our exclusive Corporate R&D sub-report and invite companies to alert us to any investments we may have missed.”

The full report is available at www.greentransitionscoreboard.com.

USA: St. Augustine, FL

Posted in B2B Services, Energy & Environmental Services, Research Reports, ~Asia, ~Europe, ~Latin America and Caribbean, ~Middle East & Africa, ~North America, ~Oceana. Leave a Comment »

News Corporation to acquire Shine Group

February 21, 2011 — Fusion DigiNet

News Corporation is to acquire 100 percent of Shine Group, the international television production group, for an enterprise value of £415 million. Shine Group will report to Chase Carey, News Corporation Deputy Chairman, President and Chief Operating Officer.

“This is a unique and exciting opportunity for us. Shine is a leader in the global television production business with a proven track record of developing hit shows and new formats worldwide,” said Carey. “We have every confidence that Shine will be an important part of the expansion strategy for our worldwide TV operations.”

Elisabeth Murdoch, Chairman and CEO Shine Group said: “In a rapidly consolidating global TV industry, this alliance uniquely provides the conditions in which Shine Group can continue to lead and prosper. News Corporation is the partner that enables us to maintain our aspiration to be best in class across all our sectors, and prepares and equips us for future growth. Shine shares News Corporation’s long-standing belief in creative excellence and ambitious expansion. I could not be happier or more proud that from such modest beginnings Shine will join such an extraordinary group of companies.”

Rupert Murdoch, Chairman and Chief Executive Officer of News Corporation commented: “Shine has an outstanding creative team that has built a significant independent production company in major markets in very few years, and I look forward to them becoming an important part of our varied and large content creation activities. I expect Liz Murdoch to join the board of News Corporation on completion of this transaction.”

USA, New York, NY & UK, London

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Nordstrom to acquire HauteLook

February 17, 2011 — Fusion DigiNet

Fashion retailer Nordstrom is to acquire HauteLook. HauteLook offers limited time sale events on the world’s top fashion and lifestyle brands.. The Company said the acquisition will enable Nordstrom to participate in the fast-growing private sale marketplace and provide a platform to increase innovation and speed in the way it serves customers in all channels.

Nordstrom will acquire HauteLook for $180 million in Nordstrom stock with a portion subject to ongoing vesting requirements. In addition, the transaction includes a three-year earn-out of up to $90 million in Nordstrom stock subject to company performance and vesting requirements for the existing management team. The overall transaction structure provides significant incentive and retention mechanisms for HauteLook senior management. HauteLook will operate as an independent, wholly-owned subsidiary, be managed by its current leadership and the HauteLook brand and website will remain separate from Nordstrom.

The transaction is expected to be dilutive to Nordstrom in 2011 due to non-cash expenses related to the acquisition. The transaction is expected to close in the first quarter of 2011.

Guggenheim Securities, LLC is acting as financial advisor to Nordstrom and Gibson, Dunn & Crutcher LLP and Lane Powell PC are acting as its counsel. JP Morgan Securities Inc. is acting as financial advisor to HauteLook and Gunderson Dettmer is acting as its counsel.

USA, Seattle, WA

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Dynastar Ventures to acquire My Affordable Energy

February 17, 2011 — Fusion DigiNet

Dynastar Ventures (www.dynastarventures.com), a direct selling company focused on the sale of electricity and natural gas services to commercial and residential customers, is acquiring My Affordable Energy, a Texas-based direct selling company focused on selling energy services.

“The acquisition of My Affordable Energy’s business is the launch pad for Dynastar’s entry into the energy services business through our proven direct sales and operational infrastructure,” stated Josh Henderson, Chairman and CEO of Dynastar.  “The deregulation of energy services over the past few years is very similar to what entrepreneurial telecommunications providers experienced in the 1990’s.  The decision to break up AT&T on a national basis is comparable to incumbent energy providers being deregulated to sell electricity and natural gas on a wholesale basis to our Regional Energy Providers.

Historically, the notion of “choice” from whom you purchase energy services was non-existent.  As a result prices were fixed and regulated. Deregulation has opened a new door to selling competitively priced energy services that many people were not aware existed.  Dynastar is positioning itself as the premier leader with a direct sales model to acquire energy services customers initially in Texas, Pennsylvania and New York and soon in many more states.”

USA, Louisville, KY & USA, Houston, TX

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Local.com to acquire the assets of Rovion

February 17, 2011 — Fusion DigiNet

Local.com Corporation is to acquire the assets of Rovion, a wholly-owned subsidiary of DigitalPost Interactive.

Rovion is a rich media advertising company which sells, creates, delivers and tracks rich media advertising including animated and video-based ads for local and national advertisers, including CBS Radio, Cisco and LendingTree.

Under the terms of the agreement, Local.com will acquire the assets of Rovion for $1.5 million in cash with an earnout of up to $7 million in cash and/or stock if certain performance criteria are met in the three-year period following the closing. The transaction is expected to close within approximately 90 days.

USA, Irvine, CA

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Resource Nation acquires Business.com

February 17, 2011 — Fusion DigiNet

Resource Nation has acquired the brand and associated assets of Business.com the online destination for business buyers looking for business-to-business solutions.  JMI Equity, a growth equity firm that specialises in investments in internet companies, provided funding in support of the transaction and the Company’s ongoing growth.  Resource Nation Chief Executive Officer Ryan Peddycord will continue to lead the Company with a combination of Business.com and Resource Nation management teams.  Terms of the transactions were not disclosed.

“We are excited about this transaction and believe the combination of Resource Nation and Business.com will allow us to offer opportunities for our customers to reach a larger number of B2B purchasers at multiple stages in the purchasing process,” said Mr. Peddycord.  “We are committed to providing the most comprehensive service and product offering available in our space.  With the acquisition of Business.com, Resource Nation’s audience will have the ability to utilize the site as a one-stop destination for all the information and resources they need when making a purchase.”

As part of the transaction, JMI Equity General Partner Peter Arrowsmith and Vice President David Greenberg have joined Resource Nation’s Board of Directors.  “JMI Equity is a sophisticated investor with strong expertise in our industry and helping companies similar to ours grow,” continued Mr. Peddycord.  “We are deeply impressed with their understanding of our business and its growth drivers.  With JMI Equity as our partner, I am confident we have the strategic and financial support to execute our strategy for the benefit of our employees, customers and service partners.”

Resource Nation will retain a number of current and former Business.com sales and account managers as well as other key employees.  The company will remain headquartered in San Diego, with offices in Santa Monica and Boston.

USA, San Diego, CA

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Outdoor Channel Holdings Acquires MyOutdoorTV.com

February 17, 2011 — Fusion DigiNet

Outdoor Channel Holdings has acquired MyOutdoorTV.com, an online provider of hunting, fishing and shooting content. The site, which has a dedicated library of more than 300 television shows and 8,400 online videos on the outdoor lifestyle, will join Outdoor Channel’s digital network of web sites, including OutdoorChannel.com, Downrange.tv, Cascity.com, Lake-link.com and OutdoorChannelOutfitters.com, to create one of the top online networks for outdoor enthusiasts. Terms of the transaction were not disclosed.

Launched in 2006, MyOutdoorTV.com offers a variety of long form programming in the hunting, shooting, fishing and conservation categories produced by legendary outdoor personalities, such as Bill Dance. It also features short form content, including more than 400 “how to” and gear reviews along with educational and wildlife refuge videos through its partnership with the U.S. Fish and Wildlife Service and over 35 state agencies. MyOutdoorTV has included Ford, Sprint, Cabela’s, Evinrude, U.S. Army, and Arctic Cat among its advertisers. In 2009, its top performing year, MyOutdoorTV garnered a total of 1.4 million unique visits and 7.7 million page views.

“MyOutdoorTV is a well-recognized player in the digital outdoor space, and as a leading multiplatform provider of content for outdoor enthusiasts, adding MyOutdoorTV to Outdoor Channel’s portfolio aggressively expands our digital footprint while also strengthening our online content library,” said Tom Hornish, Chief Operating Officer, Outdoor Channel. “This acquisition combines two powerful outdoor content sites and continues our strategy of maximizing the ongoing appeal of the Outdoor Channel brand, celebrity power and our high quality cross platform programming for our viewers, producers and advertisers.”

OutdoorChannel.com serves as the anchor property in Outdoor Channel’s digital network – a digital network that, according to comScore, attracted a total of 13 million unique visits, 73 million page views and 21 million visitors in 2010. In December 2010, Outdoor Channel’s digital network ranked among the top 8 percent of all properties and web sites in comScore’s sports category.

Chris Moise, former Founder and CEO and Dave Barton, Director of Programming at MyOutdoorTV have been working with the Outdoor Channel’s digital team to aid with content acquisition and online partnerships.  They will now be heavily focused on continuing the growth of MyOutdoorTV.

USA, Temecula, CA

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Great Hill Partners backs All Web Leads to acquire InsuranceLeads.com

February 17, 2011 — Fusion DigiNet

All Web Leads, an online sales lead generation company supplying the US insurance industry, has acquired InsuranceLeads.com, a provider of online leads to insurance agents, brokers and carriers. To finance the acquisition All Web Leads has teamed with Great Hill Partners, a Boston-based private equity firm with over $2.5 billion under management, who have made a majority investment in the combined entity. All Web Leads’ current executive team will lead the combined company, which will continue to be based in Austin, Texas. Morgan Keegan served as an advisor to All Web Leads, Inc for the transaction. Financial terms of the transaction were not disclosed.

“We are very excited to welcome the InsuranceLeads.com team to the All Web Leads family,” said Bill Daniel, CEO of All Web Leads, Inc. “This acquisition will create tremendous additional value for the insurance agents, brokers and carriers that purchase Internet leads by more closely matching their business needs and those of online consumers.”

“All Web Leads has built an impressive, data-driven online marketing business focused on the insurance sector,” said Michael Kumin of Great Hill Partners. “We are pleased to partner with Bill and the team at

USA, Austin, TX

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Generation Zero Group acquires physician online job board PhysicianWork.com

February 17, 2011 — Fusion DigiNet

Generation Zero Group’s newly formed wholly-owned subsidiary MedicalWork has merged with StaffMD.  As a result of the merger, the Company acquired StaffMD’s business known as PhysicianWork.com, which is a leading online job-posting website for physicians.  PhysicianWork.com has been in business in excess of ten years, and its online job network also includes DoctorWork.com and LocumTenensWork.com.

In addition to the job posting business, the Company acquired StaffMD’s portfolio of domain names.  This portfolio includes the URL PhysicianJobs.com which is currently directed to PhysicianWork.com.  Jeffrey Sisk, the founder of PhysicianWork.com will remain in charge of MedicalWork, LLC, and the PhysicianWork.com business after the merger.

The Company intends to aggressively manage PhysicianWork.com as the online recruiting market continues to expand.  PhysicianWork will remain focused solely on the physician community.  The Company intends to monetize the portfolio of URL’s that were acquired in the transaction which include PhysicianJobs.com.  This process may include licensing the URL’s or developing the URL’s internally or in some type of joint venture.

Commenting on the announcements, Generation Zero Group, Inc. Chief Executive Officer Matthew Krieg added, “Jeff Sisk has done a great job of building PhysicianWork.com into a leader in its field.  PhysicianWork’s annual revenues have ranged between $700,000 and $1.7 million over the last five years and it is a high margin business.  We are focused on keeping the revenues at or above the high end of this range and utilizing the portfolio of URLs we acquired to develop new revenue sources.  If we are able to meet our goals with this acquisition and the Find.com acquisition from last summer, we hope to look to move the Company to a listing on a higher exchange as soon as we can meet the particular exchange’s criteria.”

USA, Atlanta, GA

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