New York—Click Holding Corp. has been completed its acquisition of DoubleClick. Click Holding is a subsidiary of private equity investment funds affiliated with Hellman & Friedman and JMI Equity.
DoubleClick stockholders approved the merger at the company's annual meeting on July 12. The deal was valued at about $1.1 billion.
DoubleClick’s TechSolutions and Data segments will now be operated separately. David Rosenblatt will continue to oversee Ad Management, Email and Performics as CEO of DoubleClick Digital Advertising and Email Solutions, while Brian Rainey will continue to lead the Data segment as the CEO of Abacus.