Private Equity Services > PE Transactions > 2005 | JEGI

AdSpace Networks raised $20 million in a Series D round of financing led by Valence Capital Management with full participation from existing investors, including AIG Global Sports and Entertainment Fund, Doll Capital Management (DCM) and GIC Special Investments. Founded in 1998, AdSpace is the leading full-motion, all-digital advertising network for malls. AdSpace will use the capital to expand its digital mall advertising network into malls across the country. This transaction perfectly illustrates the significant ongoing shift from static to full-motion digital media in the out-of-home market.

The Jordan, Edmiston Group represented AdSpace Networks in this transaction. For more information, click here.

Credit Union Times, the most widely read publication covering the thriving credit union industry, has been sold to Wicks Business Information, LLC, a business-to-business information company supported by The Wicks Group of Companies, a New York-based private equity firm focused on the media industry.

The Jordan, Edmiston Group represented Credit Union Times in this transaction. For more information, click here.

George E. Fern Company, a leading national service contractor for the event industry, has been sold to Wachovia Capital Partners. Wachovia Capital Partners is the principal investing group of Wachovia Corporation, the nation's fifth largest bank holding company.

The Jordan, Edmiston Group represented George E. Fern in this transaction. For more information, click here.

Highline Media, a leading information provider to the financial and insurance industry, has acquired Wealth Manager Magazine from Bloomberg L.P. Terms of the transaction were not disclosed.

The Jordan, Edmiston Group initiated this transaction and represented Highline Media in the acquisition. For more information, click here.

Naylor Publications, Inc. of Gainesville, FL has been acquired by Clarity Partners and ZelnickMedia Corporation. Naylor is the leading provider of business-to-business media and advertising solutions and services to trade and professional associations in the US and Canada.

The Jordan, Edmiston Group represented Naylor in this transaction. For more information, click here.

Halyard Capital in concert with Valence Capital Management has acquired WMI: Women's Marketing, Inc. Halyard Capital is a private equity fund with $450 million of capital under management focused on investing in media, communications and business services companies. Valence Capital Management is a private equity firm based in New York and Menlo Park. WMI: Women's Marketing, Inc. is a leading media marketing services company focused on advertising sales in the consumer magazine and out-of-home sectors. The Company serves as a strategic sales partner to magazine publishers and out-of-home operators, providing access to advertisers that are outside of their existing advertising client base. The Jordan, Edmiston Group, Inc. represented Halyard Capital in this transaction.

VNU Business Media has announced the sale of Restaurant Business, FoodService Director, Beverage World and Retail Merchandiser magazines and related assets to Ideal Media LLC, a division of Schofield Media Ltd. of Chicago, IL. The Jordan, Edmiston Group represented VNU Business Media in this transaction.

Bandalong Entertainment, an instant-messaging entertainment company, has secured Series A funding from Baker Capital, a private equity firm that invests primarily in communications equipment, services and applications providers. The Jordan, Edmiston Group, Inc. represented Bandalong Entertainment in this transaction.

Pfingsten Publishing, L.L.C. has acquired International Investment Conferences, Inc. (IIC) and Resource Investor, L.L.C. This transaction combines IIC's leading group of institutional and retail conferences and trade shows for the global mining industry with Pfingsten's Financial Services Group of magazines, conferences, Web sites and educational products. As a single business entity, the company will benefit from exceptional operating synergies, while offering a comprehensive product mix to advertisers, readers, exhibitors and attendees. The Jordan, Edmiston Group represented IIC in this transaction.