FOR IMMEDIATE RELEASE
Logic Masons LLC Acquires Stacheforge.com For Undisclosed Sum
MADISON, Wi, April 25, 2011 - Logic Masons LLC of Madison, WI announced today that it has agreed to acquire Stacheforge.com, the world's leading online mustache gallery, for an undisclosed sum of cash and stock options. Following the acquisition, Logic Masons will assume complete editorial control over Stacheforge.
The acquisition combines one of the largest and fastest growing online mustache destinations with Logic Mason's expertise in developing web properties for maximum exposure and monetization. The new leadership will focus on growing the Stacheforge brand, bringing Stacheforge to new markets, and being generally stachetastic.
"Stacheforge.com has grown into the number-one website for men with sweet, sweet lipcovers" said Logic Masons in a statement early Monday afternoon. "Stacheforge will complement our mission to feature mustaches that are worthy of public attention."
The value of the acquisition was not released, but some analysts estimate that it could be as high as $5-$6 million in combined stock and cash. Stacheforge.com joins a growing family of web properties controlled by Logic Masons.
Former editor-in-chief Nicholas Keene will stay on at Stacheforge, continuing to be the public face of the website. Comments and questions can be submitted to Nicholas, but please remember that on Stacheforge, there are no beards allowed.
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