Davis Polk is advising J.P. Morgan Securities LLC as financial adviser to Bankrate, Inc. in connection with its acquisition at an enterprise value of approximately $1.4 billion by Red Ventures Holdco, LP. The acquisition, which is expected to close in 2017, is subject to approval by Bankrate shareholders, regulatory approval and other customary closing conditions.

Bankrate is a leading online publisher, aggregator and distributor of personal finance content. Red Ventures is a leading digital consumer choice platform that connects online customers with products and services across high-growth industries including home services, financial services and healthcare.

The Davis Polk corporate team includes partner Alan F. Denenberg and associate Max Brunner. All members of the Davis Polk team are based in the Northern California office.

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