Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

The Media IQ team was small but expert -- some dozen employees serving 25 customers (with minimal overlap with Procurian). Here's the specific on what Media IQ does from the announcement: "Media IQ quantifies and tracks the dimensions that drive media advantage. By leveraging a single scoring system, Media IQ helps marketers pinpoint where media value has been lost, provides wider marketplace context, and recommend course-correcting action. Ongoing benchmarks ensure that positive value trends can be reinforced while negative value trends can be quickly identified and resolved."  

sieht den Zukauf positiv, auch wenn sich der Effekt umsatzmäßig in Grenzen halten dürfte, denn mehr als 50 Leute dürfte der Zukauf nicht beschäftigt haben.

"Procurian's marketing spin on the news suggests a formidable practice in marketing category management for companies: "With this addition, Procurian now offers unmatched spend optimization solutions for marketers, with more than 70 specialists actively managing approximately $7 billion of spend each year, across 40 blue-chip clients ... The combination of Procurian and Media IQ delivers a truly end-to-end marketing spend solution on a global basis that includes sourcing, management and measurement."  

Positiv überrascht bin ich auch von der Zahl von 40 blue chips clients, denn ich war bisher immer von um die 35 ausgegangen, von denen ich auch nicht alle namentlich kenne, denn offensichtlich wollen nicht alle mit Outsourcing in der Öffentlichkeit präsentiert werden.  

ein ähnlicher Zukauf - meines Erachtens sind die Zukäufe von kleinen Unternehmen von höchster Qualität eine exzellente Langfriststrategie, auch wenn sich dies nicht sofort in den ganz großen Umsatzsprüngen bemerkbar macht.


ICG Commerce Acquires Neuwing Energy Ventures

Monday, June 27, 2011

Enabling ICG Commerce to deliver savings through energy and sustainability initiatives

PHILADELPHIA - Monday, June 27, 2011 - ICG Commerce, the leading provider of comprehensive procurement solutions, today announced the acquisition of Neuwing Energy Ventures, a provider of financially focused and environmentally responsible energy strategies. Neuwing brings deep expertise in energy and renewable energy projects to help companies actively manage their energy usage and take advantage of grants, rebates and incentives that provide hard dollar savings.

Neuwing's ability to manage the complex process of securing energy efficiency incentives and realizing credits for measurable energy reductions aligns well with ICG Commerce's core competency to drive realized savings in areas of spend that are fragmented, difficult to measure and largely undermanaged.

"Companies are making capital investments without recognizing the full benefits associated with energy efficiency," says Carl Guarino, CEO of ICG Commerce. "We can now help our clients identify energy efficiency incentives that impact the viability of large infrastructure projects and accelerate the payback period for strategic capital investments. Not only can customers achieve their financial goals, but they can also expand their sustainability efforts. "

Although the acquisition is not expected to have material impact on ICG Commerce's financial results in the short term, it allows the company to impact a broader scope of spend and to further develop its sustainability capabilities. In addition to energy incentives that result in cash payments and energy efficiency certificates that improve transparency, the acquisition also adds an active energy management capability focused on reducing energy spend through ongoing monitoring and evaluation of electricity, water, and gas consumption.

"We entered into this deal to accelerate the execution of our vision to help customers achieve their energy and sustainability goals profitably," says Chad Gottesman, former CEO of Neuwing Energy Ventures. "The combination of Neuwing's deep expertise coupled with ICG Commerce's existing infrastructure offers clients a comprehensive, global and scalable solution that drives measurable savings and environmental value. It takes ICG Commerce's sustainability capabilities to the next level and serves as a foundation to further expand our joint solution going forward."

ICG Commerce is committed to further deepening its capabilities in strategic areas of spend and sustainability. By adding this competency, the company has yet another way to drive savings that impact the bottom line or can be reinvested to fuel growth - two important goals for companies looking for innovative solutions in today's challenging economy.

The acquisition of Neuwing Energy Ventures was completed on June 21, 2011. The terms of the transaction will not be disclosed.

About ICG Commerce, Inc.

ICG Commerce, the leading procurement solution provider, is driving a fundamental change in the way today's businesses achieve financial agility and fund growth. ICG Commerce is the only procurement solution provider that has built a specialized infrastructure dedicated to helping companies optimize indirect spend and drive bottom line savings that strengthen their businesses. ICG Commerce is a privately held company and member of ICG's (Nasdaq: ICGE) network of partner companies.
Back to press release list  

http://research.everestgrp.com/Product/11751  

Kauf bzw. Nachkauf:

Remember 1st Quarter 2012 Highlights

• We acquired a 96% ownership stake in MSDSonline for approximately $48 million, building out our Government and Compliance sector

• Best bookings quarter in our history; Procurian, GovDelivery and InvestorForce transformed late-stage pipeline opportunities into important contracts

• Expect accelerating growth beginning in the second quarter, which is reflected in the recent increase in ICG’s 2012 guidance:

– Revenue guidance range was $150m to $160m - now $165m to $175m

– Ebitda guidance range was $16m to $18m - now $17m to $19m  

auf die für konsolidierten Kernbeteiligungen auf:

Procurian = 139 Millionen Umsatz

MSDSOnline = 16 Millionen Umsatz

Govdelivery = 16 Millionen Umsatz

Investorforce = 5 Millionen Umsatz  

http://finance.yahoo.com/news/...ond-quarter-financial-123000885.html  

in dieser Präsentation:

http://www.icg.com/default/assets/file/presentations/webcast2q12.pdf  

wichtigsten Beteiliung von ICGGroup, die nach meiner Einschätzung für mehr als die Hälfte des Wertes von ICG Group steht:

•Q2 revenues grew 23% to $37.4 million compared with $30.5 million in Q2 2011

•Q2 EBITDA of $7.8 million compared to $5.0 million in Q2 2011

•Signed 2 new multi-year, multi-million dollar contracts and expanded or extended relationships with 6 existing clients

•Established delivery operations in Buenos Aires to support client needs in Latin America

•Completed Media IQ acquisition
–Significantly enhances Procurian’s marketing spend optimization capabilities by bringing deep expertise and market intelligence in the area of media to help marketers drive more value.
–Integration of Procurian and Media IQ creates leading platform with more than 75 specialists actively working with approximately $7 billion of spend each year, across 40 blue-chip clients  

erhöhe ich meine Umsatzschätzung für Procurian von ursprünglich 140 Millionen für 2012 auf 150 Millionen - und das ist noch eine sehr konserative Schätzung.  

http://finance.yahoo.com/news/...results-third-quarter-200500728.html  

http://www.procurian.com/about-us/press-releases/...nt-transformation  

http://www.a1retailmagazine.com/latest-news/...-where-to-buy-service/  

"CI Where-to-Buy can now drive sales to retailers by providing a clear path to purchase in a variety of online venues, including Facebook, Twitter, display ads, e-mail and on websites. The accompanying analytics from CI provide measurable ROI for every marketing investment."  

kommt, sieht man auch daran, dass sie 16 neue Jobs offerieren.  

Current Openings:

.NET Developer
Business Analyst
Campaign Manager/Shopping Channels/Marketplaces
Client Services Manager for Non-Managed Accounts
Contract Administrator
eCommerce Business Analyst
IT Admin
Java Software Engineer
Marketing Specialist
On-Line Business Analyst
Product Manager, eCommerce
Senior Accountant
Senior Financial Analyst
Sr. Analyst, Business Sales Operations- Analytics & Coordination
Strategic Marketing Consultant
Strategic Sales Consultant/SSC  

http://www.freeborders.com/sap-the-clouds-are-rolling-in/  

http://www.globalservicesmedia.com/...nd-business-process-outsourcing  

http://finance.yahoo.com/news/...ps-public-sector-keep-130000909.html  

http://finance.yahoo.com/news/...ntelligence-co-hosted-130000446.html  

mtbekommen - zumindest kann ich ich mich nicht daran erinnern, dass ich zu dem nachstehenden Sachverhalt schon etwas gepostet hatte:

"CoreLogic Signs Five-Year, Multi-Million Dollar Contract Selecting Procurian to Optimize Spending

By flankenking.35 seconds ago.Permalink
.

Source: Procurian, Inc
Date: April 26, 2012 13:00 ET
Across the Organization
Information, Analytics and Business Services Leader Taps Procurian's Specialized Procurement Infrastructure to Improve Effectiveness and Efficiency
PHILADELPHIA, April 26, 2012 (GLOBE NEWSWIRE) -- Leading comprehensive procurement solution provider Procurian, formerly ICG Commerce, today announced that it has been selected to deliver a comprehensive procurement solution to CoreLogic, a leading provider of information, analytics and business services. Procurian will help CoreLogic continuously optimize spending in areas including consulting, benefits, temporary labor, postage and marketing. The five-year contract to manage annual spending will support CoreLogic's Project 30 cost reduction objectives."  

Einschätzung höher als die momentane Marktkapitalisierung von ICG Group in Höhe von 327 Millionen. Die anderen Assets gäbe es dann umsonst.  

der Marktkapitalisierung entsprechen müsste Procurian einen Wert von 404 Millionen haben - und der sollte bei einem Vergleich mit den Marktkapitalisierung vergleichbarer Unternehmen und den folgenden Fundamentals auf jeden Fall gegeben sein.

•Q2 revenues grew 23% to $37.4 million compared with $30.5 million in Q2 2011
•Q2 EBITDA of $7.8 million compared to $5.0 million in Q2 2011
•Signed 2 new multi-year, multi-million dollar contracts and expanded or extended relationships with 6 existing clients
•Established delivery operations in Buenos Aires to support client needs in Latin America
•Completed Media IQ acquisition
–Significantly enhances Procurian’s marketing spend optimization capabilities by bringing deep expertise and market intelligence in the area of media to help marketers drive more value.
–Integration of Procurian and Media IQ creates leading platform with more than 75 specialists actively working with approximately $7 billion of spend each year, across 40 blue-chip clients  

und zwar bei folgenden Unternehmensdaten:

Ariba, Inc. (ARBA), the world’s business commerce network, today announced results for the third quarter of fiscal year 2012 ended June 30, 2012.

Quarterly Financial and Operational Highlights from Continuing Operations:

Subscription revenue of $95.3 million, up 25% year-over-year or 28% in constant currency.
Network revenue of $47.3 million, up 27% year-over-year or 34% in constant currency.
Total revenue of $137.0 million, up 12% year-over-year or 15% in constant currency.
Loss of $0.01 per share from continuing operations; non-GAAP EPS of $0.25 from continuing operations, up 25% year-over-year.  

mit seinen 12% gegenüber den 23% von Local.com. Trotzdem will ich jetzt nicht behaupten, dass man die Umsätze von Procurian, die 27,5% der Umsätze von Ariba ausmachen, einfach so auf die Marktkapitalisierung anwenden kann, denn dann würde sich für Procurian ein Wert von 1,18 Milliarden ergeben - aber mit einem Umsatzmultiple von 4, was bei einem Umsatz von ca. 150 Millionen in 2012 auf einen Wert von 600 Millionen hinausläuft, ist eine Untergrenze für die Bewertung schon gegeben.