Beringer Capital, the Canadian private equity firm, has bought a majority share of the equity in financial media platform Benzinga giving a value of $300m.
Benzinga was founded in 2010 by Jason Raznick who has built the platform into an information resource for individual investors. Its key is Benzinga Pro, a source of real-time stock market information. The platform offers data, information and events created by a staff of 100 and claims a monthly readership of 25m.
