Tuesday, March 20, 2007

CBS Buys Maxpreps

CBS has purchased Cameron Park-based MaxPreps, a provider of high school sports information and news coverage, the firm said today. Financial terms of the deal were not disclosed. CBS said the acquisition of MaxPreps expands its portfolio of sports programming, and will help make its local television stations and web sites the "go-to" place for local sports content. MaxPreps is venture funded by BEV Capital, DFJ Frontier, and Dolphin Equity.