
MR.ROBERT AFSHER
Robert Afshar Founded LeadClick Media, Inc., in 1998 and has been its Chief Executive Officer and President since 1998.
Robert has served as President and CEO of LeadClick since its inception. In November 2005, he sold a 75% stake of the company to First American and First Advantage Corporation for $150,000,000.
“Our relationship with First American and First Advantage prior to this acquisition revealed the potential opportunities for LeadClick to pursue new markets and distribution channels,” said Robert Afshar.
Mr. Afshar procured a $200 million valuation for LeadClick Media and sold a 75% stake of the company to First Advantage Corporation (symbol: FADV) for $150 million. Mr. Afshar sold the remaining 25% stake in LeadClick in 2009 to First American Corp (symbol: FAF).
A leading online lead-generation and marketing company, for $150 million. First American contributed $45 million in cash and First Advantage contributed the balance in a combination of cash, stock and notes.
“First American and First Advantage’s market penetration offers new avenues for LeadClick to distribute its leads to our established vertical markets,”
“With the backing of these industry leaders, LeadClick not only gains access to thousands of established clients, but also gains the leverage and credibility to pursue Fortune(R) 500 business. Although our growth has been strong since our inception, we are now better positioned than ever for significant growth,” added Mr. Afshar.