SST - Mergers and acquisitions

Transaction Provides System1 with $240 Million in Cash to Invest in Core Advertising Business, Improve Liquidity & Leverage System1, Inc. (NYSE:SST) ("System1" or the "Company"), an omnichannel customer acquisition marketing platform, today announced the sale of Total Security Limited ("Total Security") to a group led by Just Develop It Limited (the "Transaction"). The Transaction allows System1 to focus on its core advertising business and positions the Company for accelerated growth powered by its industry-leading Responsive Acquisition Marketing Platform (RAMP). The Transaction also enhances the Company's financial profile and leverage position, while providing greater financial flex

System1, Inc. (NYSE:SST) ("System1" or the "Company"), an omnichannel customer acquisition marketing platform, announced today that it is in receipt of a non-binding indication of interest from Just Develop It Limited ("Just Develop It") regarding the possible acquisition of Total Security Limited ("Total Security"). The offer consists of $240 million in cash, the assumption of certain potential earnout payments in respect of Total Security and the delivery of approximately 29 million System1 shares held by Just Develop It and related persons. A special committee of the System1 board of directors has been formed that will evaluate among other things, this non-binding indication of interes

System1 (NYSE:SST), a leading customer acquisition marketing company, announced the launch of its RAMP Partner Console, a new portal designed to provide network partners with a powerful set of self-serve tools and reporting capabilities. The RAMP Partner Console offers partners an intuitive platform to create and manage campaigns, access financial reporting, and monitor compliance. With detailed analytics and reporting, including data visualizations, partners can optimize their campaigns and maximize their ROI. "We are empowering our partners to take control of their campaigns and grow their businesses with the launch of our RAMP Partner Console," said Michael Blend, System1 CEO. "Worki

~ Cannae's Investment of Approximately $126 million for 50.1% Ownership of the Foley Led Partnership Provides Support for the Ongoing Development and Optimization of A.F.C. Bournemouth as well as Additional Capital to Acquire Other Football Assets ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that Black Knight Football and Entertainment, LP ("BKFE" or the "Partnership"), a partnership led by William P. Foley, II ("Foley"), completed the acquisition of A.F.C. Bournemouth ("Bournemouth" or the "Club"), an English Premier League club. Under the terms of the agreement, Cannae will be a limited partner with approximately 50.1% ownership of the Partnership. All

Revenue Grew 48% Year-Over-Year to $219 Million1 Pro Forma Revenue Grew 29% Year-Over-Year to $231 Million Gross Profit Grew 55% Year-Over-Year to $57 Million2 Pro Forma Gross Profit Grew 58% Year-Over-Year to $61 Million Company Has Completed Three Acquisitions Year-To-Date, Including Answers.com On May 4th Company Reaffirms Full-Year 2022 Guidance of Revenue and Pro Forma Revenue of $1.0 Billion and Pro Forma Adjusted EBITDA of $174 Million System1, Inc. (NYSE:SST) ("System1" or the "Company"), an omnichannel customer acquisition marketing platform, announced its preliminary results for the first quarter 2022. "We are pleased to report excellent progress during the first qua

Full-Year Revenue Up 47% Year-Over-Year to $833 Million, with Fourth Quarter 2021 Revenue Up 48% Company Increases Guidance for 2022 System1, Inc. (NYSE:SST) ("System1"), an omnichannel customer acquisition marketing platform, announced its results for the fourth quarter and full-year 2021, which represents the combined results of S1 Holdco, LLC ("S1 Holdco") and Protected.net Group Limited ("Protected.net") on a pro forma basis. Michael Blend, Co-Founder & Chief Executive Officer of System1, commented, "We are excited to report our fourth quarter and full year 2021 results, which demonstrate the increasing value of our RAMP technology platform, while we continue to focus on growing our

System1's RAMP customer acquisition platform to play a pivotal role in growing CouponFollow's coupon code search engine System1 (NYSE:SST), a leading omnichannel customer acquisition platform, today announced that it has acquired NextGen Shopping, Inc.'s CouponFollow, one of the largest coupon destinations for online shoppers, for up to $115 million, with the total consideration consisting of a combination of cash and stock, inclusive of earnout payments earned and payable over three years upon the achievement of certain financial objectives. The acquisition of the growing and profitable digital coupon company accelerates System1's e-commerce efforts and provides a suite of shopping-relat