The Deal (Magazine)
Encyclopedia
The Deal LLC is a media company that offers The Deal Pipeline, a transaction information service, and publishes finance
and business
magazine
The Deal. The company generates original and daily articles, commentary and data that cover the world of finance and business through the lenz of deal making, focusing on core areas including Mergers & Acquisitions, private equity
, venture capital
financings, bankruptcies and other topics of interest to the investment banking
, private equity
, legal, hedge fund
and venture capital
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
with strong support from dealmaker Bruce Wasserstein
. In March 2000, ALM sold the assets of the The Deal to U.S. Equity Partners, a private equity fund
sponsored by Wasserstein & Co. In December 2000, Rustic Canyon Ventures, a venture capital firm based in Southern California, led a $30 million venture round
of financing.. Today the company's ownership is held by private equity funds sponsored by Wasserstein & Co.
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
and business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
magazine
Magazine
Magazines, periodicals, glossies or serials are publications, generally published on a regular schedule, containing a variety of articles. They are generally financed by advertising, by a purchase price, by pre-paid magazine subscriptions, or all three...
The Deal. The company generates original and daily articles, commentary and data that cover the world of finance and business through the lenz of deal making, focusing on core areas including Mergers & Acquisitions, private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
, venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
financings, bankruptcies and other topics of interest to the investment banking
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
, private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
, legal, hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
and venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
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
American Lawyer Media
ALM, formerly known as American Lawyer Media, is an integrated media company located in New York City, and is a leading provider of specialized business news and information, focused primarily on the legal and commercial real estate sectors...
with strong support from dealmaker Bruce Wasserstein
Bruce Wasserstein
Bruce Jay Wasserstein was an American investment banker and businessman. He was a graduate of the McBurney School, University of Michigan, Harvard Business School, and Harvard Law School, and spent a year at Cambridge University...
. In March 2000, ALM sold the assets of the The Deal to U.S. Equity Partners, a private equity fund
Private equity fund
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....
sponsored by Wasserstein & Co. In December 2000, Rustic Canyon Ventures, a venture capital firm based in Southern California, led a $30 million venture round
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 primary stimuli for the development of new companies...
of financing.. Today the company's ownership is held by private equity funds sponsored by Wasserstein & Co.
Publications
The Deal LLC provides commentary, analysis and information services to Wall Street advisers, investors, financial intermediaries and corporate executives via web-based services and print products:- The Deal Pipeline, a transaction information service
- The Deal, a business and financial magazine
- TheDeal.com, the corporate website of The Deal LLC
- Corporate Control Alert, a journal of legal and financial trends in dealmaking
External links
- The Deal website
- "What's the Deal With the Daily Deal?" FortuneFortune (magazine)Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...
, 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.