- Internet Brands is an online media and software services company
- Its consumer websites serve more than 250 million monthly visitors
- Warburg Pincus LLC has more than $85 billion in assets under management
KKR, Temasek and an investor group led by Warburg Pincus has recapitalized Internet Brands at a valuation of more than $12 billion. Moving forward, KKR will remain the majority investor of Internet Brands.
“While Internet Brands has grown 8X since KKR’s initial investment in 2014, we know the greatest opportunities for us are still ahead,” said Bob Brisco, CEO of Internet Brands, in a statement. “We have established clear leadership in many of our vertical markets, including Consumer Health, Consumer Legal, and Healthcare Professionals – and we have never been more excited about our strategic roadmap.”
Headquartered in El Segundo, California Internet Brands is an online media and software services company. Its consumer websites serve more than 250 million monthly visitors.
Warburg Pincus LLC has more than $85 billion in assets under management. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 real estate funds, which have invested more than $106 billion in over 1,000 companies in more than 40 countries. The firm is headquartered in New York.
KKR is a leading global investment firm that was founded in 1976 and is headquartered in New York.
Temasek is an investment company that has a net portfolio value of S$403 billion (US$297b) as at 31 March 2022. The firm is headquartered in Singapore.