Founders Investment Banking Advises thg WebMedia LLC on Strategic Sale of NetbookReviews.com to IReviews, Inc.
Founders Investment Banking, LLC (“Founders”) is pleased to announce that NetbookReviews.com (“Netbook Reviews”) has been acquired by IReviews, Inc. (“IReviews”). Formerly headquartered in Seattle, Washington, NetbookReviews.com has become one of the leading review and information websites within the growing mobile computing consumer niche of netbook computers. The site provides in-depth product reviews on the latest netbook models and offers visitors a unique netbook comparison table, a downloadable buyer’s guide, and an active forum community.
Founders acted as financial advisor to thg WebMedia LLC. “Zane and the Founders team were a pleasure to work with and served as a valuable partner,” commented Chris Guthrie, founder and owner of thg WebMedia LLC. “Their experience in the Web publishing space was very helpful, and I am pleased with the way they guided me through each phase of this process. The outcome is an exciting one, and I look forward to working closely with the IReviews team in the coming months. I also hope to have the opportunity to call upon and leverage Founders’ expertise again in the future.”
Zane Tarence, Managing Director of Founders Investment Banking’s Internet & Digital Media Practice, stated, “Chris has done a remarkable job of building a category-leading website in this rapidly-growing niche. Our team has been blessed to work with him throughout this process and to help facilitate the ultimate sale. I believe there is tremendous upside for the site in having IReviews on board, and we look forward to watching the continued growth and success of the business.”
“Chris has laid a great foundation with Netbook Reviews, and we are very excited to have the opportunity to take this site to the next level,” remarked Dr. Louis Genevie, founder and owner of IReviews, Inc. “We believe that the online publishing space remains rife with opportunity, and we are thrilled to bring Netbook Reviews in as part of our platform.