BankRate is acquiring Bankaholic for $12.4 million, with another potential payout of $2.5 million over the next year. Bankrate provides financial information, and is further diversifying its financial product services by acquiring Bankaholic, that provides information on money markets accounts, saving accounts, and deposits.

Bankrate acquires Savingforcollege.com, a privately owned business run by college finance industry specialist, Joseph Hurley, for $2.25 million plus $2 million in possible earnouts.  Savingforcollege.com offers various tools, such as online calculators and professional directories, and information about 529 college savings plans to help families save money for college.