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Active.com Sold for $1 BillionPublished by
Active.com to be Bought by Private Equity FirmPublished by Runner's World on October 2, 2013 The Active Network will be purchased by Vista Equity Partners and become a privately held company two years after it went public, Reuters and other news outlets are reporting. The deal is reported to be worth between $904 million and $1.05 billion. Among runners, Active is best known as the online registration provider for small and large road races. Active is also involved in non-race activities such as campsite registrations and hunting and fishing license renewals. As Reuters notes, the company makes most of its money by fees paid by registrants, but Active has not made a profit in its 15 years of doing business. Read the full article at: www.runnersworld.com
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