Covert & Co. hosted an exclusive VIP dinner at Michelin Star Ame Restaurant during the Ad:tech Conference, along with co-host Manatt, Phelps & Phillips. This dinner was invite-only and strictly limited to CEOs of top ad tech companies, partners at VC firms, and senior executives of…
Covert & Co. hosted an exclusive VIP reception at the 2013 Game Developers Conference, along with co-hosts Google Ventures and Pillsbury Winthrop Shaw Pittman. This was the highest quality private event at GDC, attended by 200 leaders in the game/media sector. Attendees were invite-only and…
Michael Metzger, Principal at Covert & Co., will be hosting a fireside chat with Barry Cottle, Chief Revenue Officer at Zynga at the Digital Media Wire Los Angeles Games Conference on April 19, 2013. The discussion will cover the outlook for real money and mobile…
The German American Business Association (GABA) is hosting its Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe. The event will…
Leading Companies Combine to Establish Worldwide Platform for Publishing and Development of PC and Mobile Games, Supporting over 50 Million Users and Dedicated Teams in Five Major Countries SANTA CLARA, Calif.–(BUSINESS WIRE)–Aeria Games & Entertainment, Inc., a leading global publisher of free-to-play online games, announced…
Startup Venture Summit: The Brass Ring–Investor and Entrepreneur with Successful Exits that Sold Their Ventures Hear firsthand experiences of successful entrepreneurs and investors that sold their companies. Learn about how they developed a revenue strategy, worked with a management team, attracted a purchaser, negotiated deal…
CALABASAS, Calif. (July 23, 2012) – DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, today announced the closing of its previously announced acquisition of SRS Labs, Inc. (Nasdaq: SRSL), a leader in audio processing and enhancement technologies. The closing follows the satisfaction of all…
Full video of Bloomberg TV’s Emily Chang hosting Covert & Co’s M&A Panel in Menlo Park.
Covert & Co. is pleased to announce that Michael Metzger, Principal at Covert & Co. will be speaking at Digital Hollywood at the Ritz Carlton in Marina Del Rey, California on Tuesday October 16, 2012 at 12:30PM. He is participating as part of an esteemed…
Michael Metzger, Principal at Covert & Co. will be hosting a fireside chat with Brian Cho, Partner at Andreessen Horowitz at the New York Games Conference on September 3, 2012. The discussion will cover the investment climate in the gaming sector, the outlook for online…
Covert & Co. is pleased to host an exclusive VIP reception co-sponsored by Google Ventures and Perkins Coie on Tuesday, July 24, 2012 in Seattle. This invite-only reception will be attended by 100+ CEO’s of the hottest game companies, partners at venture capital firms and senior…
Kevin Covert, President of Covert & Co., speaks with CBS Radio host Frank Motteck regarding M&A and tech / digital media trends in Southern California. Frank Mottek is the voice of business news in Los Angeles. An award-winning broadcast journalist with more than 25 years…
Combination Accelerates Growth in Rapidly Growing Mobile and Other Network-Connected Markets Brings Together Leaders in Codec Solutions and Audio Processing Transaction Expected to be Accretive to DTS by 2013 SANTA ANA, Calif. & CALABASAS, Calif.–(BUSINESS WIRE)–DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, and…
The German American Business Association (GABA) is hosting its Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe. The event will…
Oct. 25 (Bloomberg) — Bloomberg TV’s Emily Chang discusses Google’s and Microsoft’s M&A strategy after moderating a panel at the Rosewood Hotel hosted by Covert & Co. (Source: Bloomberg) http://www.bloomberg.com/video/78910822/
LOS ANGELES, July 1, 2011 – Covert & Co. is pleased to announce that Michael Metzger has been chosen as one of 40 distinguished individuals under the age of 40 to be recognized with the M&A Advisor’s 40 Under 40 Award. The M&A Advisor, renowned…
Tomio Geron | May 18, 2011 LinkedIn is preparing to price its IPO Wednesday and begin trading on the NYSE Thursday, in what could be a very big day for the company as well as investors and other shareholders. Will the offering also open up…
IGN Entertainment merges with UGO Entertainment SAN FRANCISCO and NEW YORK, May 5, 2011 – News Corporation’s IGN Entertainment today announced the acquisition of Hearst Corporation’s UGO Entertainment, an agreement that will create a clear leader in video games media. IGN Entertainment will now operate…
Kevin Covert and team are hosting a private, invite-only reception to celebrate the launch of his new firm, Covert & Co. This event will bring together the most influential people in digital media and technology. Attending the event will be CEOs from the hottest tech…
April 6 (Bloomberg) — Kevin Covert, founder and president of Covert & Co., talks about Dish Network Corp.’s proposed acquisition of Blockbuster Inc. Covert also discusses the Wall Street Journal’s report that Google Inc.’s YouTube may be planning to spend as much as $100 million…
The latest technology boomlet has inspired the creation of yet another tech investment bank. Kevin Covert, a co-founder of boutique i-bank Montgomery & Co., is launching the 10-person Covert & Co. in Los Angeles. “We want to provide premium advice to the little guys,” Covert…
LOS ANGELES–(BUSINESS WIRE)–M&A industry veteran, Kevin Covert announced today the launch of investment bank, Covert & Co. Based in Los Angeles, Covert & Co. provides premium M&A and financing services to Internet, media and technology companies in the U.S. and international markets. “I couldn’t have…
Investment banker Kevin Covert is increasing staff at his company, Covert & Co, up to prepare for an M&A bonanza in Silicon Valley. He says that the conditions are great for M&A especially in new media. Mr Covert lives in southern California but he is…
In conjunction with the Consulate General of Germany in Los Angeles and Deutsche Bank, the German American Business Association (GABA) will hold their Annual Business and Financial Outlook Event on Thursday, January 27, 2011 from 06:15 -10:00 PM at Deutsche Bank’s West Coast headquarters at…
Kevin Covert says he built the media and software groups at Montgomery & Co. from scratch. Maybe he did too good a job. Last year, Covert quietly left the 12-year-old Santa Monica-based investment bank to launch his own eponymous platform, Covert & Co., and its…
The Innovate! Pitch Slam in Los Angeles will be held on November 16th, where hand-picked startups selected as Innovate!2010 semi-finalists will deliver their best five-minute pitch in front of the audience and a panel of expert judges. The Semi-finalists include: Earbits, GreenSherpa, Gumiyo.com, Hanginout, me…
Acquisition of On-Demand Video Services Capabilities Significantly Broadens VBrick’s Software-as-a-Service Offering WALLINGFORD, CONN. , February 22, 2011 – Enterprise IP video leader VBrick Systems today announced it has acquired the assets of Fliqz Media Corporation, a leading provider of video solutions that enable websites, blogs…
Pasadena, CA – (November 10, 2010) – LeisureLink, Inc., the leading distribution and revenue management platform for specialty lodging suppliers, today announced the successful closing of a $9.0 million venture financing round. All current investors participated in the round, including Clearstone Venture Partners, Mission Ventures,…
How to Avoid Mistakes of the Past so the Industry Can Grow, Mature and Advance Many organizations were casualties of the recent economic crisis – those in digital signage included. Join this session for an overview and analysis of what happened and the lessons learned.…
Kevin Covert has hung out his own shingle. After many years and many M&A deals, Kevin knows his way around the digital media scene in Los Angeles. There’s been a lot of talk about early-stage companies finding suitors earlier in their life cycle and selling…
Building out a digital signage network takes a lot of capital — there’s no doubt about that. And for many companies, the challenge of raising enough money to get a network started is matched in difficulty only by the subsequent tasks of raising follow-on money…
Sept 1, 2009—McAfee, Inc. (NYSE: MFE) ) announced that it completed the acquisition of privately owned MX Logic, Inc. for approximately $140 million in cash, with an earn-out of up to an additional $30 million in cash if certain performance targets are met. “With this…
SAN DIEGO – (BUSINESS WIRE) – August 11, 2009 – DriveCam Inc., a global Driver Risk Management (DRM) company, announced today it has secured $19 million in Series D capital financing. Led by new investor Triangle Peak Partners, the financing includes full participation by existing…
Colchester, VT and New York, NY – August 10, 2009 – On Wednesday, August 5, 2009, Stripes Group completed a $13 million equity investment in MyWebGrocer Inc., a rapidly growing and profitable Colchester, VT-based software-as-a-service company providing leading regional and national grocery store chains and…
Philadelphia; June 25, 2009 – LLR Partners recently completed the $55 million acquisition of I-many, a leading provider of contract management software and services. With hundreds of global customers across multiple industries, I-many’s solution provides greater levels of insight into contract performance to improve profitability…
LOS ANGELES and MENLO PARK Calif., – February 25, 2009 – MarketShare Partners (MSP), the industry’s leading marketing analytics firm, today announced that private equity firm Elevation Partners has made a minority equity investment in the Company. The terms of the investment were not disclosed.…
SAN FRANCISCO, CA – Feb. 10, 2009 - Haggin Marketing, a leading multichannel direct marketing services agency, today announced that it has acquired digital marketing agency SolutionSet. Based in Palo Alto, SolutionSet was recognized last year by Inc. Magazine as the number one fastest growing company…
Atlanta, GA — January 5, 2009: Eclipsys Corporation® NASDAQ:ECLP), The Outcomes Company® today announced the completion of its acquisition of Premise Corporation, a privately held industry leader in patient flow solutions. Premise, based in Farmington, CT, is a leading provider of integrated and clinically focused…
RALEIGH, NC and SALISBURY, UK–(Marketwire – December 17, 2008) – Patersons HR and Payroll Solutions, a leading global HR and payroll software and services business delivering expert solutions to clients in more than 160 countries, today announced details of its Series A financing. The round…
November 28, 2008 – Kickapps, a provider of on-demand social media applications, closed a Series C financing round from investors, North Atlantic Capital, Prism VentureWorks, SoftBank Capital, and Spark Capital. For more information about the KickApps visit: www.kickapps.com/
Boca Raton, FL, November 14, 2008 – Campus Management Corp. announced today that it has finalized an agreement with nGenera Corporation and has acquired assets of its subsidiary, Talisma Corporation. The assets include nGenera’s Talisma CRM software, the Talisma Higher Education business division based in…
August 6, 2008 (FinancialWire): Comcast Corp. (NASDAQ: CMCSA) has acquired DailyCandy, a women’s fashion and lifestyle e-mail newsletter for an undisclosed amount. Comcast said DailyCandy, which started in 2000, runs a successful premium ad-supported e-mail business and has kept a loyal base of fashion-conscious women…
WARREN, NJ, August 22, 2008 — Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of pay-as-you-go wireless services, today announced that it has completed its acquisition of Helio, a joint venture between SK Telecom and EarthLink, Inc. (Nasdaq: ELNK) that complements Virgin Mobile…
MOUNTAIN VIEW, CA, April 30, 2008 (BUSINESS WIRE) – Meebo today announced a $25 million investment from a group of investors led by JAFCO Ventures, with participation from Time Warner Investments, KTB Ventures, and existing investors Sequoia Capital and Draper Fisher Jurvetson (DFJ). Founded in…
(Vocus/PRWEB ) April 15, 2008– Visible World, creator of the leading advanced video advertising technology platform, announced today that it has secured $25 million of C round funding. This latest round of funding is led by new investors Adams Street Partners and AllianceBernstein. Existing investors…
DUNDEE, Scotland & BOULDER, CO (BUSINESS WIRE)– Realtime Worlds, a leading independent video game developer, today announced that it has raised $50 million USD in Series B funding. Maverick Capital, the renowned investment firm founded by Lee Ainslie, led the new investment round with existing…
LOS ANGELES & MENLO PARK, CA (BUSINESS WIRE)– Mobile Messenger, a leading global provider of technology and services for mobile content management and distribution, and Silver Lake Sumeru, the middle-market technology focused investment fund within Silver Lake, announced today that Silver Lake Sumeru has acquired…
LONDON & NEW YORK, NY (BUSINESS WIRE) – WPP (NASDAQ:WPPGY) announced today that it has acquired Schematic, one of the largest independent interactive agencies in the US. Based in Los Angeles, with offices in New York, Boston, Atlanta and San Jose, Costa Rica, Schematic will…
NEW YORK, NY – September 6, 2007 (PRNewswire-FirstCall) – CBS Corporation announced today that it has entered into a definitive agreement to acquire SignStorey, Inc., a leader in the distribution of video programming and advertising content to retail stores. The purchase price is $71.5 million…
KELOWNA, BRITISH COLUMBIA, CANADA and BURBANK, CA – August 1, 2007 – As a part of its strategy for long-term growth through applying new technologies to the creation and global distribution of high-quality family entertainment, The Walt Disney Company (NYSE: DIS) has acquired Club Penguin,…
Hearst Corporation to Acquire UGO Networks Deal Signifies Hearst’s First Major Step Into Digital Entertainment NEW YORK, NY (BUSINESS WIRE) – Hearst Corporation announced today that it will acquire UGO Networks, Inc., a leading online entertainment company. The announcement was made by Victor F. Ganzi,…
LOS ANGELES, CA — March 19, 2007 – LegalZoom.com, Inc., the nation’s leading online legal document preparation service, today announced that it has secured financing from Polaris Venture Partners, a national venture capital firm with over $3 billion under management. Since 2000, LegalZoom.com has been…
WALLDORF, Germany – February 20, 2007 – Addressing C-level executive requirements for comprehensive analytic applications for performance management, SAP AG (NYSE: SAP) today announced the acquisition of Pilot Software, a privately-held company specializing in strategy management software. With this “tuck-in” acquisition, SAP is adding a…
Silicon Valley, CA– Aug 15, 2006 – Google announced today that they have brought biometric and photo recognition company Neven Vision into the Google fold. Neven Vision has patents on technology ranging from photo analysis to face recognition in video files to several patents for…
CULVER CITY, CA – August 23, 2006 (PRNewswire) – Sony Pictures Entertainment (SPE) has acquired Grouper, the fast-growing user-generated video site on the Internet, it was announced today by Michael Lynton, SPE Chairman and Chief Executive Officer. Grouper.com, which is the second largest independent video…
IRVINE, CA (BUSINESS WIRE) – June 12, 2006 – SpecificMEDIA, an online media network and audience targeting company, today announced the close of its first round of venture financing. The Series A round was led by Enterprise Partners Venture Capital and includes Shepherd Ventures. The…
NEW YORK – Oct. 13 2005 (PRNewswire)- MTV Networks, a unit of Viacom Inc. (NYSE: VIA and VIA.B), has acquired IFILM Corp., one of the leading video destinations on the Web, for $49 million. The announcement was made today by Judy McGrath, Chairman and CEO…
LOS ANGELES, CA (BUSINESS WIRE)- July 18, 2005 – News Corporation announced today that it signed a definitive agreement to acquire Intermix Media, Inc. for approximately $580 million in cash, or the equivalent of $12 per common share. In a separate transaction, Intermix announced today…
SAN JOSE and SANTA MONICA, CA – December 16, 2004 – eBay, the World’s Online Marketplace (Nasdaq: EBAY; www.ebay.com), today announced that it has agreed to acquire privately held Rent.com, a leading Internet listing website in the apartment and rental housing industry. The acquisition will…
SUNNYVALE & SAN DIEGO, CA – September 14, 2004 – Yahoo! Inc. (Nasdaq:YHOO – News), a leading global Internet company, and Musicmatch, Inc., a leading provider of personalized music software and services, today announced they have signed a definitive agreement under which Yahoo! will acquire…
MINNEAPOLIS, April 19, 2004– Digital River, Inc. (NASDAQ: DRIV), a global leader in e-commerce outsourcing , today announced that it signed a definitive agreement to acquire privately-held element 5 AG. Under the terms of the agreement, Digital River paid $120 million in cash . Digital…
Copyright © 2013 Covert & Co., securities offered through Gould Capital, LLC
