Community forums publisher CrowdGather has bought forum host provider Lefora, its fourth acquisition in less than a year. The acquisition is for San Francisco, CA-based Lefora’s technical assets. The details of the transaction weren’t disclosed, but Crowdgather did say the deal involved an all-stock purchase.
Just a little over two years old, Lefora claims to have a user base of over 100,000 forum communities.
Woodland Hills, CA.-based Crowdgather began its acquisition strategy about two years ago, when it bought Zealot.com, a forum site for hobbyists.
Things were fairly quiet until this past spring, when it acquired FreeForums.org, for $1 million in cash and stock. Just last month, Crowdgather purchased interactive ad shop Adisn for $5.5 million in stock. Release