Petri IT Knowledgebase Completes Strategic Sale to Blue Whale Web
BIRMINGHAM, Ala. (May 6, 2014) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that Petri IT Knowledgebase (“Petri”) has been acquired by Blue Whale Web LLC. Founded nearly 15 years ago, Petri has grown to become one of the most trusted online resources for IT professionals across the globe. The site features an active forum community of 80,000+ members as well as thousands of free IT-related articles, tips, whitepapers, and step-by-step how-to guides from respected technology writers and subject matter experts. Blue Whale Web brings a dedicated management team that will continue to foster the site’s close connection with its readership, leverage the extensive library of content Petri has amassed over the past decade, and identify additional methods for delivering top-notch information to professionals.
“We have followed Petri closely for many years and are excited to have the opportunity to build upon the impressive foundation already in place,” stated George Coll, Managing Partner of Blue Whale Web. “In the ever-changing IT environment, we believe Petri serves an important role in both educating and facilitating discussion amongst professionals. We see a unique opportunity to expand Petri’s reach by leveraging additional mediums to deliver its value-added content while maintaining a keen awareness on the most popular areas of technology. Petri has an incredibly talented staff and team of writers, and we look forward to assisting this group in taking the company to the next level.”
Zane Tarence, Managing Director of Founders’ Technology Practice, stated, “Petri is truly unparalleled in the IT space with such an extensive database of high-quality and informative content. For the last decade, Petri has remained one of the most valued resources in this space and has compiled an impressive database of IT managers, system administrators, and technical consultants. George and his team bring a unique perspective to the business and will provide the resources necessary for Petri to expedite its growth strategy. We anticipate a bright future for the business and look forward to watching Petri evolve over the next decade.”
About Petri IT Knowledgebase
As one of the world’s leading IT-related content and community sites, the Petri IT Knowledgebase offers thousands of articles focused on helping IT professionals and system administrators do their jobs faster and more effectively. In addition to having an extensive library of how-to and tutorial content focused on Microsoft Windows, Windows Server, Exchange Server, System Center, Cisco, VMware, and dozens of other IT platforms and technologies, the Petri IT Knowledgebase forums are also a popular online destination for system administrators to network and exchange information with their peers. Visit: www.petri.co.il
About Founders Investment Banking, LLC
Founders Investment Banking is a merger, acquisition & corporate finance advisory firm serving middle-market companies. Founders’ industry focus is on software, internet, digital media, healthcare, and oil & gas companies located worldwide as well as companies based in the Deep South and across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to assist Founders Investment Banking with securities related transactions, certain Principals are registered investment banking agents of M&A Securities Group, Inc., member FINRA/SiPC. M&A Securities Group and Founders are not affiliated entities. For more information, visit www.foundersib.com.
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