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JEGI Advises
dmg world media on the Sale of its North American Consumer
Home Shows to Marketplace Events, a Portfolio Company of Stephens
Capital Partners
dmg world media (www.dmgworldmedia.com),
a division of Daily Mail & General Trust plc (DMGT), has
sold its portfolio of North American consumer home shows to
Marketplace Events LLC for $53 million.
Marketplace Events is a portfolio company of Stephens Capital
Partners LLC, an affiliate of Stephens Inc. (www.stephens.com),
a privately held investment bank in Little Rock, Arkansas.
This DMGT portfolio comprises 38 consumer home shows in 27
cities across the US and Canada. With this transaction, JEGI
continues to serve the event industry with high quality investment
banking services.
“We are very pleased with the outcome of this sale,
as we were able to find a great buyer at the right price,”
said Mike Cooke, Chief Executive Officer, dmg world media.
The 2008 schedule of shows will take place as planned. All
current employees in this group will go with the shows and
continue running the business for Stephens.
“The home shows were a significant reason for dmg world
media’s entry into the North American market in the
first place, and we have all enjoyed building the business
to where it is today,” said Michael Franks, Chief Operating
Officer, dmg world media. “The same fantastic management
and staff now have the opportunity to run it as a stand alone
business. I wish them every success in the future and would
like to recognize and thank them for their help and support
during the past 12 years.”
For more information on the dmg world media transaction,
click
here.
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JEGI Advises Financial Media
Holdings Group on its Sale of Compliance Week to Haymarket
Media
Firm continues its strong
focus on serving the financial information market with high-quality
investment banking services
The Jordan, Edmiston Group, Inc.
(www.jegi.com)
is pleased to announce that Boston-based Financial Media Holdings
Group, Inc. (www.fmhgroup.com)
has sold Compliance Week (www.complianceweek.com)
to Haymarket Media, Inc. (www.haymarket.com). |
Compliance Week is the leading provider of corporate
governance, risk and compliance information for financial and legal
executives at public companies. Founded in 2002 by Scott Cohen and
Frank Hertz, Compliance Week produces a paid weekly electronic newsletter,
a paid monthly BPA-audited print magazine, a major annual conference
and other live events, and a paid access web site that includes
news, analysis, research, searchable governance databases and other
valuable online resources.
“We are thrilled to have made this acquisition and to be working
with Scott and Frank, who have developed an extraordinary passion
for this complicated and rapidly developing market,” said
Haymarket Media Chairman & CEO William Pecover. “Along
with fellow shareholders Barry Greenfield (Vice President of Sales)
and Rob Raisch (Chief Technology Officer), they have built an impressive
team and range of products, designed from the outset to address
changing habits of media consumption.”
“We are tremendously excited to be working with the world-class
team at Haymarket,” said Compliance Week’s Scott Cohen.
“Haymarket’s international footprint, its broad array
of media titles, and its 50 years of publishing prowess make the
perfect global launching pad for Compliance Week. In addition, the
culture of ethics, integrity and sustainability embedded at Haymarket
perfectly echo the mission and vision of our publication.”
Mr. Cohen added, “The Jordan, Edmiston Group did an extraordinary
job advising Financial Media Holdings Group in the sale of Compliance
Week. Their experience, professionalism, and knowledge of our core
business were absolutely invaluable.”
For more information on the Compliance Week transaction, click
here.
JEGI - The Leader in Middle-Market M&A for Media, Information, Marketing
Services and Related Technologies

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