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The Jordan, Edmiston
Group, Inc. Completes Two M&A Transactions
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The Jordan, Edmiston Group, Inc. (JEGI) is pleased to announce the completion of two M&A transactions in the past week and a new M&A assignment:
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JEGI advised Times
Publishing Company in the sale of Congressional Quarterly,
the premier provider of congressional news, insight and
analysis, to Roll Call Group, a wholly owned subsidiary
of The Economist Group
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JEGI advised Strategic
Insight, a research, data and analytics firm serving the
investment management industry, in its sale to Asset International,
an Austin Ventures portfolio company
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JEGI has been retained
by Times Publishing Company to advise it on the sale of
Governing, the highly-respected multi-platform media company
that reaches top state and city government officials
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Times
Publishing Company has sold Congressional
Quarterly (www.cq.com),
the premier provider of congressional news, insight and analysis,
to Roll Call Group (www.rollcallgroup.com),
a wholly owned subsidiary of The
Economist Group (www.economistgroup.com).
Under the terms of the agreement, Roll Call has purchased
the assets of CQ to form a new company to be called CQ-Roll
Call Group.
Since 1945, CQ has been the “publication of record,”
providing factual, unbiased coverage of congressional activity.
In recent years, CQ has been at the forefront of developing
Internet services that provide real-time intelligence on the
workings of Congress. Roll Call, founded in 1955 and acquired
by the Economist Group in 1992, has been at the center of
the Capitol Hill community, providing a look into the people,
politics, and personalities that drive the legislative process.
“The new CQ-Roll Call Group will have the largest and
most experienced newsroom covering Washington and will be
the leader in providing insight and analysis about the workings
of Congress,” said Laurie Battaglia, Managing Director
and Executive Vice President of Roll Call Group.
The Jordan, Edmiston Group represented Congressional Quarterly
in this transaction and acted as its exclusive financial advisor.
For more information, click here. |
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Strategic
Insight (www.sionline.com),
a research, data and analytics firm serving the investment management
industry, has been sold to Asset
International, Inc. (www.assetinternational.com),
an Austin Ventures portfolio company. Strategic Insight will
join Asset International’s other prominent industry brands,
including PLANSPONSOR, PLANADVISER, Global Custodian, ai5000,
and The Trade.
New York-based Strategic Insight provides competitive research
and business intelligence to more than 200 financial services
organizations worldwide, across the mutual fund, retirement
income and wealth management industries. Its clients oversee
nearly 90% of the US mutual fund industry’s $11 trillion
of assets and include 60 of the world’s largest fund managers
outside the US.
Asset International CEO Jim Casella said, "We see many
opportunities for Strategic Insight to expand its highly-respected
services, both independently and in collaboration with other
Asset International business units."
The Jordan, Edmiston Group represented Strategic Insight in
this transaction and acted as its exclusive financial advisor.
For more information, click here.
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About JEGI
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY is the leading
provider of independent investment banking services for media, information,
marketing services and related technologies. Since being founded
in 1987, JEGI has completed nearly 500 high-profile M&A transactions
for global and emerging companies; entrepreneurial owners; and private
equity and venture capital funds. For more information, visit www.jegi.com.
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