Beringer Capital Acquires Majority Stake in Benzinga
October 25, 2021
Beringer Capital, a North American private equity firm, acquired a majority stake in Detroit-based financial media and analytics platform Benzinga, valuing the company at approximately $300 million. Benzinga founder Jason Raznick will retain a significant ownership stake and continue to lead the business as Beringer supports growth via expanded content verticals, product improvements and deeper B2B partnerships.
- Buyers
- Beringer Capital
- Targets
- Benzinga
- Industry
- Media & Entertainment
- Location
- Michigan, United States
- Transaction Type
- Buyout
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