Gilbert\Rock Holdings Acquires LowerMyBills and ClassesUSA

[Scottathew]

http://www.prnewswire.com/news-relea...300386734.html

DETROIT, Jan. 6, 2017 /PRNewswire/ -- Detroit-based Rock Holdings, Inc., parent to several leading FinTech companies, including Quicken Loans – the world's largest online lender, today announced it has signed an agreement to acquire Los Angeles-based LowerMyBills and ClassesUSA from their parent, Core Digital Media. These companies are two of the nation's leading online marketing service providers.

"We are passionate about online technology, and its importance in the finance and education spaces," said Graham Skidmore, Vice President of Rock Holdings. "LowerMyBills and ClassesUSA play a meaningful role in helping consumers find the best online solutions for their goals. Through these acquisitions, and the planned capital investments, we are confident these businesses will continue to grow and meet the evolving needs of their customers."

The current leadership of LowerMyBills and ClassesUSA will remain with the companies and run the day-to-day operations from their Los Angeles headquarters which will also remain open.
...

Interesting news. They won't be moving them to Detroit, or at least not yet.

[Hypestyles]

So what do these companies actually do?

[Scottathew]

So what do these companies actually do?

I believe LowerMyBills is a marketing company that steers people to certain financial companies based off of online advertising, and ClassesUSA does a similar service for online universities.

[casscorridor]

So what do these companies actually do?

Scams, like all of Gilbert's other "businesses"

[Lowell]

Any buzz about those companies being moved here? I hear Mr. Gilbert has a few vacancies.