Palladium Equity Partners Makes Investment in DailyMe, Inc.

    NEW YORK, Oct. 24 /PRNewswire/ -- Palladium Equity Partners, LLC, a New
 York-based private equity firm, announced today that it has made an
 investment in DailyMe, Inc., a media company that provides personalized
 news and information on-demand, delivered across multiple media platforms.
     Gary D. Nusbaum, Managing Director of Palladium, said, "DailyMe is a
 leading media company that is bringing an innovative, quality service to
 the market combining the best of online and print media. Eduardo Hauser,
 Founder and President of the Company, is an energetic and visionary
 entrepreneur with extensive media and technology experience. Eduardo has
 assembled an impressive team which is combining cutting edge technology
 with a relevant, consumer- oriented product. They have a unique and
 compelling business strategy that Palladium is delighted to support."
     DailyMe Founder and CEO, Eduardo A. Hauser said, "This investment by
 Palladium is an important next step in the development of DailyMe,
 providing sufficient resources to continue developing DailyMe's
 personalized news and community features through our Beta period and
 beyond. It also acknowledges the importance of personalized, online news
 delivery as a space to watch as the transformation of the traditional media
 continues. We are pleased to be partnering with Palladium and look forward
 to the insight and support Gary and the Palladium team will provide."
     On October 9, DailyMe made the service available to the general public.
 Different than other online news sources, DailyMe builds a personalized
 news digest for each reader based on his or her own personal preferences,
 using choices of news categories, keywords, individual news sources, and
 pre- configured profiles developed by both the editorial team and DailyMe
 users. Each user's edition of DailyMe is drawn from a combination of
 thousands of licensed, professional news sources as well as user-generated
 content. Further, each user can choose to have DailyMe delivered via the
 web, sent via email or automatically printed from their personal computer
 printer at a specified time of day.
     Palladium was joined in the investment by prior DailyMe investors Miles
 Gilburne, a leader in digital media, and Jose Luis Suarez, an international
 investor.
     To join, and for more information on DailyMe, please visit the DailyMe
 website (www.dailyme.com) and the DailyMe Blog
 (http://blogs.dailyme.com/eduardoh).
     About DailyMe, Inc.
     Based in Hollywood, Florida, DailyMe (www.dailyme.com) is a news
 provider, content platform and social community that allows users to
 personalize, aggregate, share and interact with the news, blogs, columns
 and stories of interest to them. Covering everything from world news to
 wedding planning, DailyMe draws its stories from thousands of sources,
 including licensed content, syndicated content and user-generated content.
 DailyMe users can choose the types of stories they want and also choose
 between online, email and print delivery. By combining the best practices
 of online newspapers,
     news portals and traditional print media, DailyMe is changing the way
 news and information is read and delivered.
     About Palladium Equity Partners
     Palladium Equity Partners, LLC (www.palladiumequity.com) is an
 investment firm targeting companies in media, business and financial
 services, consumer/retail, food/restaurants, healthcare and manufacturing.
 Palladium has a particular focus on companies that are well-positioned to
 capitalize on the fast-growing U.S. Hispanic market. The principals of
 Palladium have invested over $2.5 billion of equity in more than 50
 portfolio companies over the last two decades. Formed in 1997, Palladium
 currently has capital under management in excess of $750 million.
     Contacts:
 
     For Palladium Equity Partners            For DailyMe
     David Lilly / Laura Walters              Cindy Martin / Farrell Kramer
     Kekst and Company                        Farrell Kramer Communications
     212-521-4800                             847-864-9540 / 201-768-5337
 
 

SOURCE Palladium Equity Partners, LLC

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.