Update: AKQA buys search marketing company Searchrev (likely > than $10M)
[This story originally ran August 22)
(AKQA., a San Francisco interactive marketing company, has acquired search marketing company Searchrev, of Palo Alto, Calif., for less than $10 million, according to the Wall Street Journal. General Atlantic bought AKQA earlier this year for between $200 million and $250 million from Francisco Partners. (Via PE Wire).
Update: Thanks to readers, we’ve been informed the PE Wire reference was wrong. The WSJ said the company’s annual revenue is just under $10… Continue Reading
General Atlantic to buy stake in AKQA, an interactive marketing co., for about $200M?
General Atlantic, a private equity firm, has agreed to acquire a majority stake in AKQA, a San Francisco interactive marketing company, from Francisco Partners.
News reports have quoted an asking price of between $200 and $250 million, though details were not released.
More here at the WSJ (sub required).