Bisnow, North America’s leading producer of commercial real estate news and events announced that New York-based investment firm, The Wicks Group, acquired the company. JEGI represented Bisnow in this transaction.
Bisnow, a digital media outlet for commercial real estate news that also produces industry events across North America, was represented by JEGI, a New York investment bank servicing the media, information, and marketing sectors in the sale to Wicks Group.
UBM added more than a few dozen shows to its fashion portfolio in the US with the acquisition of Business Journals Inc. for $69 million. BJI serves the men’s and women’s apparel and accessories markets.
SaaS has been one of the most successful business model innovations of the past few decades. For software companies, an alternate services-led approach can also make sense for many customers and business cases. Call it “SaaS as a Service”. Or maybe “Software as a Service as a Freakin’ Awesome Service”– SassafraS.
CEB (NYSE: CEB), a best practice insight and technology company, announced that it will acquire Evanta, C-Suite executive development and collaboration solutions for peer-to-peer engagement, networking and leadership training, from Leeds Equity Partners for a total cash consideration of $275 million.
New York investment bank JEGI announced it has hired Doug Stowe as executive vice president of its Professional Services Group. Stowe previously served as an executive director in the investment banking group at Oppenheimer & Co for eight years.
Marketing services and tech M&A activity in the first quarter of 2016 resulted in 187 transactions that generated $8.1 billion of deal value, according to JEGI’s Q1 2016 M&A overview report.
JEGI is pleased to announce that Doug Stowe, a senior investment banking executive, has joined the firm as Executive Vice President, Professional Services Group. In this role, Mr. Stowe will manage JEGI’s professional services team.
The company will operate under the Stagnito Business Information and Edgell Communications names in the short term, with a new corporate brand to be announced in the future.
“The sale of Experient provided a close-up view of why JEGI thrives. The firm’s focus on detail, attention from top management, tireless negotiations, and ability to keep the process on schedule all met the highest standards of a blue chip firm. Thank you, JEGI!”Amy Margolis, Principal, The Riverside Company
“We couldn’t be happier with our decision to partner with JEGI. We researched five firms before choosing JEGI, because of their experience, network, and optimal positioning. Their prospective buyers included many that had never been on our radar. We are very pleased with the outcome.”Bob Moss, CEO & Founder, Competitrack
“Working with JEGI is like bringing an NBA ringer to your street game. From start to finish they gave us everything: smarts, passion, judgement, experience, and relentless effort. We met with a number of bankers, and we couldn’t have been happier with our choice.”Mitchell Reichgut, Chief Executive Officer, Jun Group
“The JEGI team is one of the most effective in the industry. Their expertise and effort in this transaction reduced our management team’s workload by 30%. Their effectiveness drove an exceptional outcome, and they did it with grace and style. JEGI has a lifelong friend.”Monte Wood, President, Opus
“I have now completed my fourth successful transaction with JEGI. They know their markets inside and out and are strategic, creative, tenacious and results oriented. Most importantly, they have always added significant value and delivered outstanding results. JEGI goes above and beyond to deliver the desired results for their customers.”Bob Dethlefs, Chief Executive Officer, Evanta