TAMPA, Florida., July 7, 2022 /PRNewswire/ — Quote.com, a portfolio company of Osceola Capital, has announced the acquisition of Ring2Media, a leading direct marketing agency specializing in Medicare enrollment. The acquisition will be consolidated under
TAMPA, Florida., July 7, 2022 /PRNewswire/ — Quote.com, a portfolio company of Osceola Capital, has announced the acquisition of Ring2Media, a leading direct marketing agency specializing in Medicare enrollment.
The acquisition will be consolidated under the Quote.com brand and will accelerate the company’s penetration into the highly strategic Medicare segment. The acquisition of Ring2Media further diversifies Quote.com’s core digital product offering by adding expertise in TV/OTT marketing, expanding the company’s reach and addressable audience.
Joel OhmanCEO of Quote.com, said, “The addition of Ring2Media’s full-service linear advertising platform will instantly diversify our customer base and allow Quote.com to continue to scale in multiple end markets. We look forward to working with Mark and his team on capitalizing on the many strategic opportunities this acquisition presents.”
Mark FidelCEO of Ring2Media added, “We are delighted to be partnering with Joel and the Quote.com team. Quote.com’s high-intent traffic platform combined with from Osceola deep M&A and operating expertise will accelerate our growth and unlock unique value for all customers and stakeholders.”
Ben Moe, Managing Partner of Osceola Capital, said, “We are excited to continue to grow the Quote.com platform and expand our market reach into adjacent advertising channels and categories. The addition of Ring2Media brings significant and complementary scale to the Quote.com platform, and we are actively targeting additional acquisitions that will continue to strengthen our product offering.”
Will McDermott & Emery served as counsel to Quote.com. MTS Health Partners and Bass Berry & Sims served as Ring2Media’s financial advisor and legal advisor, respectively. Capital Southwest Corporation and Plexus Capital financed the acquisition.
Quote.com (formerly 360 Quote) connects high-intent insurance buyers with the best and most trusted brands in the world. It is a diverse, technology-driven digital media and performance marketing platform, with the proprietary Quote.com technology platform powering dozens of consumer-centric owned-and-operated brands, and hundreds more through partnerships and integrations. They work with insurance companies, agencies, agents and their intermediaries to drive large-scale customer acquisition for health, auto, home and life insurance via organic search, paid search , social networks, television, etc.
About Osceola Capital
Based at Tampa, FloridaOsceola Capital is a lower middle market private equity fund. Osceola partners with high-quality, growing companies in business services, healthcare services, technology services and industrial services. Osceola seeks to bring value-added expertise in mergers and acquisitions, operations, strategy and financing to small businesses and together help the company achieve its full potential. Targeted investments include checkpoints in entrepreneurial and family businesses with incomes between $5 million and $75 million or EBITDA between $2 million and $10 million. For more information, visit www.osceola.com.
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SOURCEOsceola Capital Management, LLC