kgbdeals Sharpens Local Expertise, Acquires New York City's TheDealist

NEW YORK, Oct. 19, 2011 /PRNewswire/ -- kgbdeals, one of the largest international daily deal destinations, today announced that it has acquired TheDealist, New York City's top independent daily deal website.  The acquisition further expands kgbdeals' presence in New York City, which was its first market to launch in 2010.  Currently in over 100 cities worldwide, kgbdeals offers local and national daily deals in the US, UK, France and Italy, including dining and hospitality, health and beauty, fitness, travel, education, and consumer products and services for the home and family.  Additionally, kgbdeals recently launched shopping and travel channels to provide its users with a broader range of offerings in these two highly sought-after categories.

"As one of the fastest-growing daily deal destinations, kgbdeals is constantly identifying strategic opportunities to expand our local expertise," said Patrick Albus, CEO, kgbdeals USA.  "We welcome TheDealist's members and merchant partners to the kgbdeals family, and look forward to providing them with an expanded range of products and services.  We are also excited to add innovative co-founders, Eli Brill and Isabella Chung, to our leadership team."

"As one of the early players in the group-buying space, we have always been impressed by the breadth and depth of kgbdeals' offering, especially how they continuously shape the industry for both consumers and merchants," said Brill.  "We are proud to bring kgbdeals' global experience and market leadership to TheDealist's members, so they can continue to discover the best deals and experiences in New York City, and now, across the country," added Chung.

With additional announcements expected in the coming months, kgbdeals plans to continue acquiring high-quality, local deals providers.

About kgbdeals:

kgbdeals is a daily deal site available in over 100 cities in the United States, United Kingdom, France and Italy.  As consumers experiment and broaden their lifestyle with the best deals, kgbdeals saves them 50-90% on their favorite products and services, while providing local businesses a cost-effective way to expand their customer base.  Recently, kgbdeals launched two channels – kgbdeals Shopping and kgbdeals Destinations – which focuses on products and travel, respectively.  To receive kgbdeals' daily, free emails for the best local and national deals, sign up at kgbdeals.com.  The parent company of kgbdeals is kgb, a privately held, New York-based company and the world's largest independent provider of directory assistance and enhanced information services.  During its 19-year history, kgb has built some of the most successful brands in the telecommunications, customer care and enhanced information services sectors.  Last year, kgb served more than a hundred million consumers globally.  Like us on Facebook and follow us on Twitter @kgbdeals_usa.

SOURCE kgbdeals

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