And Another Website Gone – Benzinga Media, Valued at $300 Million, Gets Bought by Toronto-Based Beringer Capital

As quick as we can update our cannabis tech and website deals page here, another site or platform gets snapped up in a buying frenzy.  This time, Toronto-based Beringer Capital swooped in and took a majority stake in the financial and trading site, Benzinga Financial, headquartered in Detroit, Michigan. Beringer Capital has offices in Toronto and New York has a history of partnering with digital media companies and helping them to adapt and thrive amid a rapidly changing business landscape. Earlier this year, the firm announced its acquisition of Inman News, a foremost source of news and insights for the real estate industry.