New York
– Gorkana, the provider of a public relations database covering 130,000
journalists, has been acquired by private equity firm Exponent, the Telegraph
reported.
The purchase price was speculated to be just under $38 million.
Gorkana
was founded in 2003 and its equity is divided between co-founders Alex
Northcott and Michael Webster, along with Webster’s father David — former
chairman of Safeway.
Exponent will combine Gorkana’s offering with its own
Durrants news clipping service.
Related Links:
http://snipurl.com/vbz9n
(Telegraph)
