Today's Deals: Overstock.com Scores Gear.com Stock

Affinity International Travel Systems + Star Travel.com, CarParts.com + CR Computing Solutions, Law.com + DocumentForum.com, Overstock.com + Gear.com








 CarParts.com acquires CR Computing Solutions

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      C+

 


    EL SEGUNDO, Calif., Oct. 12--CarParts.com announced its second acquisition of the year, privately held CR Computing Solutions, a provider of inventory and business management systems for warehouse distributors and jobbers in the automotive aftermarket parts industry, for an undisclosed number of CarParts shares. Based in San Juan Capistrano, CR Computing Solutions develops and markets a comprehensive suite of wireless technologies and web-enabled software applications that manage inventory, point of sale, accounting, ordering, shipping and other activities unique to warehouse and jobber operations. Together, CR and CarParts will further lower the cost of warehouse and jobber operations by allowing manufacturers, WDs, jobbers and installers to engage in fast, accurate and secure online transactions with customers and suppliers. Terms of the deal were not disclosed.

     

 

 Overstock.com acquires Gear.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        E-tailers

 

   *  Scorecard:      B+

 


    SALT LAKE CITY, Oct. 12--Overstock.com, the Internet leader for name brands at clearance prices, announced its acquisition of Gear.com, the No. 1 closeout sporting goods e-tailer, and its $2.5 million purchase of Miadora.com and Jewelry.com's inventories. Under the terms of the acquisition, in return for an undisclosed amount of stock, Overstock.com will obtain all of Gear.com's stock, and with that, its inventory valued at an estimated $14 million retail, which will be added to Overstock.com's sporting goods department. For more analysis, see Kelly Black's DealTracker.

     

 

 Law.com acquires DocumentForum.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      B

 


    SAN FRANCISCO, Oct. 12--Continuing its pledge to be the Web's most comprehensive destination for the legal community, law.com has added real-time document collaboration services to its growing host of technology tools through the acquisition of DocumentForum.com. Providing a Web-based collaborative solution for document development aimed at the legal community, DocumentForum's service allows users to meet online and create, edit or revise documents in real-time, which will immediately be offered through law.com's Web site.

     

 

 Affinity International Travel Systems (AFFT) to acquire Star Travel.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-tailers

 

   *  Scorecard:      C+

 


    ST. PETERSBURG, Fla., Oct. 12--Affinity International Travel Systems announced that it has signed a letter of intent to acquire Miami based StarTravel Group, d/b/a Star Travel.com, an Online Internet Travel Company that is focused on the rapidly growing and underserved U.S. Hispanic and Latin American market and also the exclusive travel provider for QuePasa.com. The acquisition is expected to not only open a new market for Affinity, but also allowing them to expand its services to the European countries of Spain and Portugal at least a year earlier than previously planned. Terms of the transaction were not disclosed.

     

 





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9 January 2009 | cameltoepants.com | edit