Private Equity Services > PE Transactions > 2006 | JEGI

Pfingsten Partners LLC, a private equity firm based in Deerfield, IL, has sold Pfingsten Publishing LLC to Wind Point Partners, a private equity firm with offices in Chicago and Southfield, MI. Headquartered in Ohio, Pfingsten Publishing is a business-to-business media company that serves nine market segments through three business groups. The company's Art and Framing Group serves the decorative art and fine art markets; the Financial Services Group serves the life and health insurance, property & casualty insurance and mortgage origination markets; and the Industrial Group serves the commercial construction, material handling, and maintenance repair and operations (MRO) markets.

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

Action Media, a Great Hill Partners portfolio company and the leading provider of events and online media properties serving the automotive tuner and sports compact performance market, has been sold to The Action Pursuit Group, an operating company of Apprise Enthusiast Media. Action Pursuit already has established a leadership position in this segment through publications, such as Drag Racer, Drifting, Diesel World, Drive! and StreetTrucks.

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

Yoga Journal, the countryâ€™s premier multi-platform media company dedicated to yoga and publisher of the most widely read yoga magazine in the world, has been sold to Active Interest Media, a dynamic media company that serves a base of loyal constituents through print, event and online products, which connect consumers with their passions. The company was formed in October 2003 by CEO Skip Zimbalist and the private equity investment firm Wind Point Partners.

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

Commonwealth Business Media, the premier provider of business intelligence for the international trade and transportation industry, has been sold to United Business Media, a leading global business information company, for a cash consideration of $152 million. The acquisition provides UBM with a strong position in a new vertical market, as Commonwealth has an established portfolio of highly regarded integrated media products and proprietary business information databases.

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

Reed Elsevier, a world-leading publisher and information provider for the science and medical, legal, education and b2b sectors, has sold a portfolio of B2B magazines and online properties for the manufacturing and scientific industries to Advantage Business Media, a new company formed by Richard Reiff, former President of the Publishing Division of Cygnus Business Media, and George Fox, formerly with both Reed and Cygnus, as well as their equity investment partner, New York City-based Catalyst Investors.

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

Reed Elsevier, a world-leading publisher and information provider for the science and medical, legal, education and b2b sectors, has sold its US based industrial and manufacturing events portfolio and Powder/Bulk Solids magazine to Canon Communications, an Apprise Media company. The events sold included: Assembly Technology Expo; National Manufacturing Week; International Powder & Bulk Solids; Quality Expo; NEPCON East/Assembly East; Quality Expo Detroit; AM Expo; and Powder & Bulk Solids Southeast.

The Jordan, Edmiston Group represented Reed Elsevier in this transaction.

Klipmart, the nation's largest provider of online video advertising and management solutions for Web publishers, agencies and marketers was acquired by DoubleClick, the premier provider of digital advertising technology and services. The acquisition puts DoubleClick at the forefront of the rapidly emerging online video market and will accelerate industry innovation in digital video and emerging advertising formats.

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

Strategic Research Institute, a privately held conference and seminar producer headquartered in New York City, was acquired by ALM, a leading media company serving legal and business professionals. Founded in 1993, Strategic Research Institute produces more than 130 conferences annually that are targeted primarily at C-level executives and professionals in the following sectors: finance; life sciences; natural resource development; multi-cultural marketing; technology; and general business.

The Jordan, Edmiston Group represented Strategic Research Institute in this transaction. For more information, click here.

Vibe Ventures has sold Vibe, the leading integrated media company serving the urban music and lifestyle category, to The Wicks Group of Companies, the New York-based private equity firm. The property will be overseen by Eric Gertler and Ari Horowitz, as CEO and President, respectively. The executives are principals of Keith Glen Media Corporation and recently oversaw BlackBook Media.

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

Strategic Publications, a portfolio company of New York-based private equity firm Seaport Capital, has sold the Pennysaver Group, the leading publisher of community-based, advertising supported, direct-mail shoppers in the Baltimore-Washington metropolitan area, to SV Investment Partners, a New York-based private equity firm, in partnership with new management.

The Jordan, Edmiston Group represented Strategic Publications in this transaction and acted as its exclusive financial advisor. For more information, click here.

101communications, LLC, a leading integrated media company focused on the information technology community, has been acquired by 1105 Media, Inc., a company backed by private equity firms Nautic Partners and Alta Communications in partnership with Neal Vitale, a former Reed Elsevier and Peterson Publishing executive.

The Jordan, Edmiston Group represented 101communications' shareholders in this transaction. For more information, click here.

Active Interest Media, a leading publisher and producer of consumer enthusiast magazines and events, acquired Yachting Promotions, Inc., producer and manager of five major annual boat shows, including the Fort Lauderdale International Boat Show, the largest in-water boat show in the world. Active Interest Media was formed by Wind Point Partners, a private equity investment firm with offices in Chicago, IL and Southfield, MI, in partnership with CEO Efrem "Skip" Zimbalist III in October 2003.

The Jordan, Edmiston Group provided advisory services to Active Interest Media on this transaction. For more information, click here.

Jupitermedia Corporation (Nasdaq: JUPM) has sold its JupiterResearch division for $10.1 million in cash and the assumption of certain liabilities. The acquirer is JupiterKagan, Inc., a portfolio company of MCG Capital Corporation (Nasdaq: MCGC). JupiterResearch is a leading provider of research, analysis and advise focused on the Internet and consumer technologies. MCG Capital provides capital to small- to mid-sized companies to support growth and value creation strategies.

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

Vibe/Spin Ventures, owner of Vibe and Spin magazines, has sold Spin magazine to the McEvoy Group, a San Francisco-based private investment firm formed by Nion McEvoy, Chairman and CEO of Chronicle Books. Spin magazine is the leading music and lifestyle magazine for the rock community.

The Jordan, Edmiston Group represented Vibe/Spin Ventures in this transaction. For more information, click here.

CNET Networks, a worldwide media company and creator of content environments for the interactive age, has sold Computer Shopper Magazine to SX2 Media Labs, a new company formed by David Sills and Stonybrook Capital. Computer Shopper Magazine, in its 26th year of publication, is a monthly guide to new technology, routinely featuring editorial and review coverage of more than 300 products per issue.

The Jordan, Edmiston Group represented CNET Networks in this transaction. For the full press release, click here.

Stone Canyon Entertainment Corp., a portfolio company of the Cypress Group, a New York-based private equity firm, has acquired a majority interest in Vacation Connections, LLC. Stone Canyon Entertainment is the leading provider of midway entertainment to fairs in North America. Vacation Connections is a fast growing, specialty media, consumer promotions and experiential marketing company focused on reaching consumers in vacation, leisure and entertainment environments.

The Jordan, Edmiston Group represented Stone Canyon Entertainment in this transaction. For more information, click here.