Symphony Technology Completes Shopzilla Buy
Private equity firm Symphony Technology Group has wrapped up its $165 million acquisition of Shopzilla. The deal included $150 million in cash, and $15 million in deferred payments. Wells Fargo Capital Finance and Tennenbaum Capital Partners provided debt financing for the deal. Shopzilla’s online shopping brands include Bizrate, Beso and TaDa. Symphony bought Shopzilla from Scripps Networks Interactive. The deal was first announced in April.


