We missed this last month: Internet Brands, the LA-based internet holding company, has bought out one of the oldest home improvement and home repair website. Founded in 1995, the site has news, info and forums on the subject.
Several affiliated websites were not included in the acquisition, including consumer law and insurance information website FreeAdvice.com and a related e-commerce site, HardwareandTools.com, which will continue to be operated by the founders of DoItYourself.com.
Internet Brands was founded in 1998 as CarsDirect and added the new parent company name in June 2005. It now owns Autos.com, Loan.com, GreenHybrid.com, CruiseMates.com and others. More details in release.