O3 Industries

O3 Industries ("O3"), together with Frankfurt-based private equity fund Novum Capital ("Novum"), has acquired Gumtree UK and Motors.co.uk in a carve-out from the global online classifieds specialist Adevinta ASA ("Adevinta").

O3 Industries, a New York based private equity firm, has announced the acquisition of Peer39, a division of Sizmek, Inc.  Moving forward, Peer39 will be operated as a stand-alone entity with industry veterans Mario Diez and Alex White at the helm.