I would say it's more likely they sourced it to a local development company, then just had them re-purpose the codebase for the new site.
No need to feel duped as it appears the guys you didn't like got replaced with the guys you do.
Happens...
I suppose the guys that you don't like could have found the devs for the people you do like and had them resell them the same software... but I think that would have likely ended with a cease and desist to the bad guys... in which case the site would not look like it currently does.
Oh, and I found and article confirming the acquisition...
bgz wrote: