Journalist Jobs Site Gorkana Sold to Private Equity Firm

By: E&P Staff

Gorkana, the online media jobs site whose e-mail newsletter is the most welcome item in many an unemployed journalist?s in-box, was sold to a private equity firm in a deal valued at about $38 million, The Telegraph in London reported.

The British-based business was bought by Exponent.

Alex Northcott and Michael Webster launched Gorkana in 2003 with $152,000 in money put up by family and a re-mortgage of Webster?s house, according to the Telegraph. They will remain at the business.

Though best known for its jobs newsletter, Gorkana?s principal asset is a database of journalist that allows public relations workers to target individuals and media outlets.

Gorkana is named after a Gurkha sergeant who saved Northcott’s life.


Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
https://www.editorandpublisher.com/news/journalist-jobs-site-gorkana-sold-to-private-equity-firm/
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *