The Daily Deal
   HOME

TheInfoList



OR:

''The Deal LLC'' is a media company that offers The Deal Pipeline, a transaction information service, and formerly published
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
and
business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
magazine A magazine is a periodical publication, generally published on a regular schedule (often weekly or monthly), containing a variety of content. They are generally financed by advertising, purchase price, prepaid subscriptions, or by a combinatio ...
The Deal. The company generates original and daily articles, commentary and data that cover the world of finance and business through the lens of deal making, focusing on core areas including
Mergers & Acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
,
private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...
,
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
financings, bankruptcies and other topics of interest to the
investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
,
private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...
,
legal Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vario ...
,
hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...
and
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
industries. As of 2009 ''The Deal'' had more than 120 employees, including 70 full-time journalists based in the New York headquarters with bureaus across the U.S., London. The roots of the media company began when The Daily Deal was launched in September 1999 by
American Lawyer Media ALM (formerly American Lawyer Media) is a media company headquartered in the Socony–Mobil Building in New York City, and is a provider of specialized business news and information, focused primarily on the legal, insurance, and commercial real ...
with strong support from dealmaker
Bruce Wasserstein Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker, businessman, and writer. He was a graduate of the McBurney School, University of Michigan, Harvard Business School, and Harvard Law School, and spe ...
. In March 2000, ALM sold the assets of the Deal to U.S. Equity Partners, a
private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...
sponsored by
Wasserstein & Co Wasserstein is a surname and can refer to: * Bernard Wasserstein, British historian * Bruce Wasserstein, a former investment banker and former CEO of Lazard * Wendy Wasserstein, American Playwright * Wasserstein Perella & Co., an investment bank b ...
. In December 2000, Rustic Canyon Ventures, a
venture capital firm Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ...
based in Southern California, led a $30 million
venture round A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
of financing. In 2012, ''The Deal'' was acquired by
TheStreet.com ''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus a stock recommendation portfolio co-managed by B ...
, who closed the magazine. After being acquired by The Street, all publications of The Deal became digital and are still available today. In 2018, TheStreet announced the sale of
BoardEx BoardEx is a global data company specializing in relationship mapping and intelligence. Founded in 1999, and with offices in New York, London and Chennai, BoardEx is a wholly owned subsidiary of Euromoney PLC, a member of the FTSE 250 share inde ...
and ''The Deal'' to
Euromoney Institutional Investor Euromoney Institutional Investor PLC is one of Europe's largest business and financial information companies which has interests in business and financial publishing and event organization. It was listed on the London Stock Exchange and was a c ...
.


Publications

The Deal LLC provides commentary, analysis and information services to Wall Street advisers, investors, financial intermediaries and corporate executives via web-based services: *''The Deal Pipeline'', a transaction information service *''TheDeal.com'', the corporate website of The Deal LLC *''Corporate Control Alert'', a journal of legal and financial trends in dealmaking


References


External links


The Deal website


''
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...
'', November 22, 1999
"The Deal.com Drops Pay Model for Engagement"
''Circulation Management'', June 18, 2008
The Deal Newsweekly Site Opens Up Access to The Deal's Editorial Content
, press release, June 16, 2008
"Wasserstein Cuts His Daily Deal"
''The New York Observer'', September 12, 1999. Business magazines published in the United States Weekly magazines published in the United States Defunct magazines published in the United States Magazines established in 1999 Magazines disestablished in 2012 Magazines published in New York City Private equity media and publications 1999 establishments in New York City {{Business-mag-stub