As we move further into the new year, it’s a great time to reflect on the early wins of 2017 and the great successes of 2016 in order to replicate them — and do even better — in the coming year. In the past few months, numerous YEC members formed strategic new partnerships or were acquired by other firms. Below, we highlight seven members and their big news.
Brush Creek Partners established partnership with TechAssure
On January 9, Brush Creek Partners and TechAssure announced their partnership. Led by YEC member Travis Holt, Brush Creek Partners is a full-service insurance brokerage that provides innovative risk management and insurance solutions for technology companies, professional services firms and other clients. TechAssure is an international nonprofit association of insurance and risk management experts. This new partnership will allow Brush Creek Partners to bring more cutting-edge technology risk management services to clients in all industries, and to better serve the private equity and venture capital communities.
ComnPlus acquired by Contagious Online Media Network Pvt.
On November 10, ComnPlus, Inc. was acquired by Contagious Online Media Network Pvt. Ltd. Founded by YEC member Karan Chaudhry, ComnPlus builds a scalable personalization and recommendation engine using advanced machine learning techniques, helping clients optimize click-through-rates, retention, engagement, sharing and conversion. The acquiring company was a ComnPlus client. ComnPlus’s work increased their platform conversions by 30% (150,000 additional user registrations/month), which led to a million dollars in savings. Also, it increased MAUs by 50% which improved revenues by $500k-$1M in a short duration. It became evident to them that ComnPlus is critical to their business, so they decided to acquire the company to make it a part of their team.
Advantage Media Group and Forbes partnered to launch ForbesBooks
On November 28, Advantage Media Group and Forbes announced the launch of ForbesBooks, the first book-publishing imprint for the global media company. Advantage Media Group, led by YEC member Adam Witty, is an international media company with leading businesses in book publishing, magazine publishing, and television and video. ForbesBooks will provide business leaders with a multi-platform publishing solution with an innovative speed-to-market model. “We are excited to partner with Forbes to create a forward-thinking business book imprint that will move quicker, provide a high-touch author experience and, perhaps most importantly, expand the reach of the content beyond the book through the opportunity to publish across Forbes’ many platforms,” said Witty in Forbes’ press release.
Moving Analytics formed partnership with Atlanta VA Medical Center
On September 28, Moving Analytics announced its new partnership with Atlanta VA Medical Center. Led by YEC member Harsh Vathsangam, Moving Analytics is a digital health company that helps hospitals implement home-based cardiopulmonary rehabilitation programs. Cardiac rehab is a program that helps improve cardiovascular fitness after a heart attack or heart surgery. If a person does cardiac rehab, they double their chance of living another five years and cut their risk of a second heart attack by a third. Over 10,000 veterans in the U.S. are eligible for cardiac rehab, but less than 10% of them receive this beneficial service because they live too far away from VA hospitals. This collaboration aims to solve this problem by testing a home-based rehab program service that can be done by veterans from the comfort of their homes.
BuzzShift acquired by Ivie & Associates
In November, retail marketing and advertising services company Ivie & Associates acquired BuzzShift. BuzzShift, led by YEC members Eddy Badrina and Cameron Gawley, is a digital strategy agency for mid-sized and large brands. “Becoming a part of the Ivie family creates new opportunities for growth and expansion of our BuzzShift team,” said Gawley. “BuzzShift had fantastic organic growth in 2015, and we’re excited about the scale that Ivie brings to help us continue to grow our client base.”
“For us, the most important keys to growth are culture and the quality of the team,” said Badrina. “Ivie’s culture and quality are a perfect fit for BuzzShift, and we are happy to join forces and to help augment Ivie’s integrated approach to serving clients.” Badrina and Gawley will continue to oversee BuzzShift’s current client base and will support Ivie’s ongoing expansion into SEM, social media advertising, digital content creation and conversion optimization.
Dyn acquired by Oracle
On November 21, computer technology corporation Oracle announced that it had acquired Dyn. Led by YEC member Jeremy Hitchcock, Dyn helps companies monitor, control and optimize online infrastructure for optimal end-user experience. Dyn’s global DNS extends Oracle’s cloud computing platform, and provides customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS). “Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Thomas Kurian, President, Product Development at Oracle, in the company’s press release. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”
Ranku acquired by John Wiley & Sons
On September 15, Ranku was acquired by John Wiley & Sons (NYSE: JW.A). Led by YEC member Kim Taylor, Ranku offers recruitment technology and predictive analytics to help colleges scale online degree enrollment. Ranku, joining the Wiley Education Services business, will continue to operate from its headquarters in Seattle under its current leadership. This acquisition will serve to provide enhanced technology solutions for universities with the goal of increasing interest and enrollment in online degree programs. “There are so many affordable online degree programs within state systems and community colleges but without the right strategies and tools, many are going undiscovered,” say Taylor in the company’s press release. “With Wiley’s support, Ranku can ensure that potential applicants are discovering the programs that are right for them and enable both the student and institution to be successful.”
These are just a handful of YEC members’ recent exciting achievements. Read about what other members are working on here. Have news of your own to share with the community? Submit your accomplishments to our team.