Corsearch Inc. Has Acquired Yellow Brand Protection AB
7 Mile Advisors Acted As The Buy-Side Advisor To Corsearch Inc., an Audax portfolio company, In Their Acquisition Of Yellow Brand Protection AB
CHARLOTTE, NC – Corsearch, Inc. and its related entities (“Corsearch”), a trademark and domain solutions leader, is pleased to announce the acquisition of Yellow Brand Protection AB of Sweden (“Yellow”), a leading global provider of online anti-counterfeiting and brand protection services. The acquisition solidifies and further expands Corsearch’s full service brand protection offering for clients and brands globally.
“Corsearch has built a longstanding reputation as a leader in the trademark and brand solutions space, we could not be more pleased to see the furthering of their capabilities with this transaction” says Ben Lunka, Managing Director at 7 Mile Advisors.
Online IP infringement is a continued and increasingly expanding challenge for all brands, as e-commerce growth continues at record speed and digital marketing becomes a core business strategy. “Companies large and small are realizing the importance of protecting their brands, sales and consumers from online counterfeiting and IP infringement,” said Yellow’s CEO, Daniel Bennett.
Corsearch, founded in 1949, provides industry-leading brand establishment and protection services for trademark and brand professionals in over 60 countries on five continents.
Yellow, founded in 2010, provides brands with resources to prevent counterfeit product sales, revenue loss and reputational damage anywhere online, including in over one thousand online marketplaces and 35 social media platforms around the globe. The purchase of Yellow by Corsearch enables the companies to join forces and provide the industry with a full-suite and forward-looking offering of brand protection services to support the creation, establishment, growth and protection of valued IP leveraging machine learning and automated spiders to predict and analyze threat relevance and risk.
“We are thrilled to be combining these two well-established companies,” said Tobi Hartmann, CEO of Corsearch. “Corsearch and Yellow will be even stronger together, providing our clients with a robust offering of trademark, domain and online brand protection solutions.”
7 Mile Advisors, a Charlotte, NC-based investment bank, acted as the exclusive buy-side advisor to Corsearch, Inc., a portfolio company of Audax, a leading investor in middle-market companies. 7 Mile Advisors and Audax have a strong history of working together, with this transaction marking their fourth successfully closed acquisition together. Previously 7 Mile advised Audax portfolio company Data Intensity on their acquisitions of Red Stack Tech, Enrich, and a division of Inatech.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provide market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com
About Corsearch Inc.
Corsearch is a premier provider of clearance and protection solutions for trademark and brand professionals. Its high-quality, intuitive tools and unparalleled expertise enable professionals to effectively manage their trademark screening, search review, watching, and domain management processes. With highly trained researchers, an expansive global content set and customer-focused technology tools available through the Corsearch platform, Corsearch empowers its customers with powerful brand solutions in an increasingly complex business environment. For more information please contact Stephen Stolfi, Chief Commercial Officer, or visit corsearch.com.
About Yellow Brand Protection
Yellow Brand Protection is a leading global provider of online anti-counterfeiting and brand protection services. Operating from offices across Europe, USA and China, Yellow’s disruptive technology, “ZERO” seeks to identify and combat IP-infringing content found anywhere in the world, online. Yellow’s ground-breaking data clustering capability makes sense of vast data streams and prioritizes major threats to valuable brands around the world. Yellow currently provides services to four of the top ten “World’s Most Valuable Brands” according to Forbes. For additional information regarding Yellow Brand Protection, please visit www.yellowbrandprotection.com.
About Audax Group
Since its founding in 1999, Audax Private Equity has been focused on building leading middle market companies. Audax has invested $5 billion in 11 platform and 722 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. Audax Group is an alternative asset management firm specializing in investments in middle market companies. With offices in Boston, New York, and San Francisco, Audax Group has $13.0 billion in assets under management across its Private Equity, Mezzanine, and Senior Debt businesses. For more information, visit the Audax Group website www.audaxgroup.com.