Banker for $125 mln DailyCandy deal talks about the selling landscape Jamie Montgomery is the founder and CEO of Montgomery & Co., which recently led the bidding process for DailyCandy, the newsletter company that sold for $125 million. The LA-based investment bank is also noted for being the bankers on the $700 million Club Penguin sale to Disney.  I caught up with Jamie at the AlwaysOn Stanford Summit this month to discuss exit strategies. Not surprisingly, Jamie said the IPO market is on hold for now. Mergers and acquisitions aren't happening like last year, he said, adding that Montgomery has about 5% to 7% of the media M&A market share. The problem is that there are fewer buyers at the table and "expectations of the sellers are high," he said. "There ... [ Read more ]