KKR Acquires CarsDirect’s Parent Co.

June 3, 2014 — Internet Brands, the parent company to CarsDirect.com and AutoData Solutions, was acquired today by the private equity group KKR for $1.1 billion. JMI Equity and Hellman & Friedman have owned Internet Brands since 2010 when they paid $640 million to take the company private. CEO Bob Brisco, who has run the … Continue reading KKR Acquires CarsDirect’s Parent Co.