Private Equity Services  >  Transactions  >  2009

e5 Global Media LLC, a newly formed company by Pluribus Capital Management, a media private equity partnership, and Guggenheim Partners, a global diversified financial services firm, has acquired a number of leading media brands from The Nielsen Company’s Nielsen Business Media, including The Hollywood Reporter and Billboard.

The other brands included in the sale are: Adweek; Brandweek; Mediaweek; The Clio Awards; Backstage; Film Journal International; and the Film Expo business, which includes the ShoWest, ShowEast, Cinema Expo International, and CineAsia trade shows.

Polaris Library Systems (www.gisinfosystems.com), a leading provider of library automation software based in upstate New York, was sold to PLS Partners, a newly formed company to acquire Polaris via a Management Buyout (MBO).

The Jordan, Edmiston Group represented Polaris Library Systems in this transaction and acted as its exclusive financial advisor.

Reed Business Information-US (www.reedbusiness.com/us), a division of Reed Elsevier (NYSE: RUK and ENL) and a leading business-to-business information provider, has sold Broadcasting & Cable, Multichannel News, and This Week in Consumer Electronics (TWICE) to NewBay Media (www.nbmedia.com), a provider of market leading brands for five verticals – Pro Audio, Broadcast & Video, Musical Instruments, AV/Consumer Electronics and K-12 Education. Each title will continue to be published as part of NewBay’s line of print, online, and in-person products and services.

Reed Elsevier (www.reed-elsevier.com) is a world leading provider of professional information and workflow solutions in the Science, Medical, Legal, Risk Management and Business sectors. NewBay Media is an affiliate of the Wicks Group of Companies (www.wicksgroup.com), a New York-based private equity firm.

The Jordan, Edmiston Group represented Reed Business Information-US in this transaction and acted as its exclusive financial advisor. For more information, click here.

Experian Group (www.experiangroup.com) has sold Vente (www.venteinc.com), a leading online permission-based marketing and lead generation firm, which helps connect businesses with their desired customers – quickly, accurately and efficiently – to Q Interactive (www.qinteractive.com), a portfolio company of Intrepid Investments (www.intrepidinvestments.com). The acquisition continues to strengthen Q Interactive’s position in the market.

The purchase marks the second acquisition by Q Interactive within the past three months. The combined group’s powerful digital footprint continues to strengthen Q Interactive’s leadership in lead generation, email and display advertising by adding additional targeting capabilities and consumer surveys.

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

Strategic Insight (www.sionline.com), a research, data and analytics firm serving the investment management industry, has been sold to Asset International (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.

ConnectivHealth (www.connectivhealth.com), a network of powerful health information brands, has sold its medical information business unit VerusMed (www.verusmed.com) to Intellerus, a private investment firm headed by Roscoe C. Smith, III, a publishing industry veteran.

VerusMed, an evolution of Faxwatch, provides timely, unbiased medical information to physicians, healthcare professionals, pharmaceutical and biotechnology executives. With more than 150,000 readers, VerusMed is able to help companies establish their brands and build rapport with key physician audiences.

The Jordan, Edmiston Group advised ConnectivHealth on this transaction. For more information, click here.