* Media and publishing executive Eric Thorkilsen andTZP Growth Partners l LP, a New York-based private equity fund and part of theTZP Group, struck a dealto acquire ThisOld House Ventures LLC and all of its associated media properties fromTime Inc. As a fullyintegrated, multimedia business, This Old House Ventures will manage all of itsown core business functions, including original television production, digitalcontent and operations, advertising sales, magazine editorial, brand licensingand marketing from its new headquarters in Stamford, Conn., beginning summer2016, the company said April 1.
* OUTFRONTMedia Inc. has completedthe sale of allof its equity interests in certain of its subsidiaries, which hold all of theassets of its outdoor advertising business in Latin America, to certainsubsidiaries of JCDecaux SA. In connection with the transaction, the companyreceived $82.0 million in cash plus working capital, which is subject topost-closing adjustments, according to an April 1 Form 8-K filing. Under thedeal, OUTFRONT Media sold its assets in Argentina, Brazil, Chile, Mexico andUruguay, leaving OUTFRONT's international business to consist exclusively ofits operations in Canada.
* Zall Development Group Ltd. unit Zall Cross-borderE-commerce Investment Co. Ltd. closed the acquisition of a strategic equity stake in As a result of the transaction, Zhi Yan and Gang Yu have joined LightInTheBoxas directors of the company, effective March 30, succeeding Richard Lim and YeYuan, who have resigned from the board, according to a March 30 news release.Yan will replace Lim as a member of the corporate governance and nominatingcommittee of the board, while the company appointed Yu to the compensationcommittee of the board.
* EBayInc. acquiredCargigi Inc., aprovider of online advertising and marketing services for the auto industry.The online auctioneer said March 29 that it will use Cargigi's technology tohelp onboard auto dealers' inventory onto eBay.com. Cargigi will replace eBay'sauto-focused Dealer Center, and allow eBay to build out its structured datacapabilities for the vehicles industry. Cargigi founder Tony Hoang and his teamof over 30 employees will join the eBay Motors unit.
* MatchGroup Inc.'s TinderInc. acquiredSan Francisco-based contact management startup Humin. Under the terms of thedeal, the LosAngeles-based dating app purchased Humin's technology and intellectualproperty, according to a March 29 news release. In addition, Humin leadershipand many members of the team will work for Tinder on an ongoing basis. Huminco-founders Ankur Jain and David Wyler will become Tinder's vice presidents ofproduct and partnerships, respectively. Match Group is a unit of .
* VICEMedia Inc. bought a controlling stake in British production company Pulse Films, Variety reported March 29. The deal isexpected to help Pulse bolster its scripted output across movies and TV. PulseFilms was founded by Thomas Benski and Marisa Clifford in 2005.
* FrontierCommunications Corp. completedits $10.54 billion acquisitionof Verizon Communications Inc.'slocal landline assets, operations and businesses in California, Florida andTexas. The acquired businesses include about 3.3 million voice connections, 2.1million broadband connections and 1.2 million FiOS video subscribers, as wellas the related incumbent local exchange carrier businesses, according to anApril 1 news release. New customers will begin receiving monthly bills startingin mid-April. The transaction does not include the services, offerings orassets of other Verizon businesses, such as Verizon Wireless and Verizon Enterprise Solutions. About9,400 Verizon employees, who served customers in California, Florida and Texas,will also join Frontier as part of the transaction.
* UnitedOnline Inc. entered into an agreement with Ströer Content GroupGmbH to sell itssubsidiaries, including the company's StayFriends social networking units inEurope. United will sellall of the wholly owned stock in its subsidiaries in exchange for €16 million,including a €6.5 million cash on StayFriends balance sheet. The company's boardbegan considering selling its assets and the company as a whole after itrejected an offer in November 2015. The StayFriends unit includes internationalwebsites in Germany, Sweden, Austria, Switzerland and France. The transactionis expected to close by April 30 and is subject to the German Antitrust Act.
* CenturyLinkInc. acquirednetAura LLC, a security services firm that specializes in engineering,developing and consulting on managed security technologies. The strengthens andenhances CenturyLink's managed security services available to business andgovernment customers, the company said March 30.
* Cloud service provider signed a definitive agreement to acquireTechnology for Business Corp., a California-based provider of contact centerservices. Under the deal,Fusion will acquire the intellectual property and assets of Technology forBusiness, with Charles Cuggino, TFB's CEO, and Will Jones, TFB's vice presidentof sales, joining Fusion to lead its contact center business. TFB's softwaredevelopment team will also join Fusion. Fusion expects the transaction to closewithin 30 days, the company said March 28.