Maritz Travel (www.maritztravel.com), a global leader in providing full-service meeting, event and incentive travel programs to corporate clients, acquired Experient (www.experient-inc.com), another top provider of meeting and event services to associations, tradeshows, corporations and the US government. As two of the largest and most respected companies in the meetings and events industry, Maritz and Experient now will expand their collective ability to deliver a full range of exceptional event experiences.
“As a result of this deal, Maritz Travel will lead the industry in four key areas – corporate, association, tradeshow and strategic meetings management,” said David Peckinpaugh, President of Maritz Travel.
“This is a great day for Experient employees and our clients. I’m particularly excited about the cultural fit between Maritz and Experient,” said Jeff Price, CEO of Experient.
JEGI represented Experient, a portfolio company of Riverside Company and VSS Communications Partners, in this transaction and acted as its exclusive financial advisor. For more information, click here.
The Retail Equation (“TRE”) (www.theretailequation.com), a leading SaaS platform for retail transaction optimization solutions, has been sold to Norwest Venture Partners (“NVP”) (www.nvp.com), a global venture capital firm celebrating 50 years in the venture industry.
Headquartered in Irvine, CA, TRE’s applications use statistical modeling and analytics to predict consumer behavior, and its software-as-a-service (SaaS) delivery enables retailers to achieve significant and measurable return-on-investment. Its ecommerce solutions are operating in over 15,000 stores in North America, supporting a diverse retail base of specialty, department, sporting goods, auto parts and more.
NVP makes early to late stage venture and growth equity investments across a wide range of sectors. The firm manages more than $3.7 billion of capital and has funded over 500 companies since inception.
JEGI represented TRE in this transaction and acted as its exclusive financial advisor.
EmPower Research (www.empowerresearch.com), an integrated media and business research company with strong capabilities in social media research, media monitoring and measurement, and data management, has been acquired by Genpact Limited (NYSE: G) (www.genpact.com), a global leader in business process and technology management. This acquisition will add significant expertise and intellectual property to Genpact’s Smart Decision Services business, comprising analytics, research, reengineering and risk management services.
“EmPower Research, a front runner in social media with a uniquely process-driven culture, strong domain expertise and high caliber senior management team, is a fantastic fit for our business, with limitless cross-sell opportunities particularly in the pharmaceutical and CPG industries,” said Tiger Tyagarajan, President and CEO, Genpact.
JEGI jointly represented EmPower in this transaction with Veda Corporate Advisors Pvt. Ltd., an India-based mid-market investment bank. For more information, click here.
Focus Research, Inc. (www.focus.com), a leading provider of online research to enterprise buyers and high-quality leads to IT vendors, has been sold to Ziff Davis, Inc. (www.ziffdavis.com), one of the nation's leading technology media companies.
Founded in 2005 with backing from Lightspeed Ventures, Trinity Ventures and GGV Capital, Focus Research (formerly known as Tippit) has helped thousands of business and IT professionals make better purchasing decisions while turning the Internet into a meaningful platform for B2B marketers.
JEGI represented Focus Research in this transaction and acted as its exclusive financial advisor. For more information, click here.
IgnitionOne (www.ignitionone.com), an international digital marketing technology and solutions company, has acquired AdJug (www.adjug.com), Europe’s leading display advertising exchange for unsold premium inventory. The two companies will integrate their technologies to provide marketers with a sophisticated solution that simplifies the buying, targeting and measurement of online advertising.
“Our Dynamic Creative Technology (DCT), combined with IgnitionOne’s audience scoring technology, will give AdJug’s customers better response, greater reach and efficiencies through the industry’s most advanced online advertising platform,” said Michael Stephanblome, co-founder and CEO of AdJug.
JEGI represented AdJug in this transaction and acted as its exclusive financial advisor. For more information, click here.
Big Fuel (www.bigfuel.com), the New York-based social media agency, has sold a majority stake to Publicis Groupe (Paris: PUB.PA) (www.publicisgroupe.com). Publicis Groupe immediately acquires 51% of Big Fuel and has the opportunity to increase its participation to 100% by 2014. Big Fuel will be aligned under the VivaKi organization and serve as a strategic social media center for VivaKi agencies Digitas, Razorfish, Starcom MediaVest Group and Zenith Optimedia.
Big Fuel is one of the only pure-play social media agencies in the industry, and the company has grown from 30 employees in early 2010 to a current total of more than 170. Its 2011 revenue is expected to reach nearly $30 million, a 500% increase over 2010. The agency is headed by CEO Jon Bond, in partnership with Avi Savar, Founding Partner and Chief Creative Officer and Mike McGraw, Managing Partner and COO. According to Mr. Bond, "Now that social media is revolutionizing global marketing, this partnership gives the agency and its clients scale, impact, and a network around the world. This partnership is a marriage of skill and scale.â€
JEGI represented Big Fuel in this transaction and acted as its exclusive financial advisor. For more information, click here.
Priority Integrated Marketing, a Minneapolis-based leader in healthcare and financial services marketing, has been sold to Dowden Health Media (www.dowdenhealth.com), a portfolio company of High Road Capital Partners (www.highroadcap.com). “Both companies offer similar yet distinct areas of marketing expertise, and with this acquisition, both firms can deliver more products and services to current and future clients,†noted Jim Larranaga, President of Priority Integrated Marketing.
According to Sid Gokhale, President of Dowden Custom Media, “This new, stronger organization will bring to our markets a formidable breadth of expertise and depth of resources in custom content marketing, brand consulting, and multi-channel messaging, encompassing social media, web, email, print, and other mediums.â€
JEGI represented Priority Integrated Marketing in this transaction and acted as its exclusive financial advisor.
Weaver Multimedia Group (www.weaver-group.com), a leading provider of integrated marketing solutions serving the convention, meeting, and visitor travel industries, has been sold to Miles Media, a leading U.S. destination publisher that delivers integrated programs, including visitor guides, destination web sites, e-mail marketing, and more.
JEGI represented Weaver in this transaction and acted as its exclusive financial advisor.
Journalism Online, LLC (www.journalismonline.com), with its Press+ offering, which enables publishers to seamlessly integrate an innovative paid content engine with their web sites, has been sold to R. R. Donnelley & Sons Company (NASDAQ: RRD) (www.rrdonnelley.com), a global provider of integrated communications with more than 60,000 customers worldwide.
The Press+ system supports publishers as they offer audiences a mix of free and subscription-based premium content. Journalism Online is managed by two of the companies’ co-founders and veteran digital media leaders: Steven Brill, founder of The American Lawyer magazine and Court TV; and L. Gordon Crovitz, a former Wall Street Journal publisher.
JEGI represented Journalism Online in this transaction and acted as its exclusive financial advisor. For more information, click here.
Blue State Digital (www.bluestatedigital.com), a full-service digital agency specializing in advocacy, membership and fundraising campaigns for nonprofits, educational and cultural institutions, political campaigns and corporate brands, has been sold to WPP (www.wpp.com), the world’s largest communications services group.
Blue State's annual revenue has grown in excess of 30% per year since its founding in 2004. It employs 130 people across its offices in Washington DC, Boston, New York, Los Angeles and London. “Blue State Digital will bring distinctive skills to WPP Digital through its formidable presence in cause-based marketing, its comprehensive core technology set and an impressive set of clients," said Mark Read, Director of Strategy for the parent company and CEO of WPP Digital.
Thomas Gensemer, Managing Partner of Blue State Digital, added, “We are excited to continue our growth within WPP Digital. We look forward to leveraging WPP’s vast resources, incredible talent, and deep client relationships around the world to grow our business and further extend our leadership for both non-profit and for-profit clients.â€
JEGI represented Blue State Digital in this transaction and acted as its exclusive financial advisor. For more information, click here.
I-Behavior (www.i-behavior.com), a market leader in consumer and business transaction data, has been sold to KBM Group (www.kbmg.com), the leader in providing a full spectrum of data-driven marketing solutions and a unit of WPP (www.wpp.com). I-Behavior helps multi-channel merchants market more effectively through a cooperative database including over eight billion SKU-level transactions representing more than $280 billion in online and offline purchases.
The innovator of the cooperative database concept for SKU-level data, I-Behavior provides not only database marketing services but also predictive analytics to anticipate future buying behaviors from detailed transactional purchasing history. I-Behavior’s data, aggregated from more than 1,900 data contributing merchants, and the customer insights gained from advanced data management and marketing techniques substantially expand KBM Group’s retail expertise and enhances its client offerings for its parent, Wunderman, as well as for its WPP sister companies: Kantar, GroupM, and the Media Innovations Group (MIG).
“As with many essential business processes today, data is increasingly driving marketing strategy, especially in a real-time, interactive world of transactions, making it an extremely valuable asset,†said Gary S. Laben, CEO of KBM Group.
JEGI represented I-Behavior in this transaction and acted as its exclusive financial advisor. For more information, click here.
Deep Focus (www.deepfocus.net/), the New York-based full-service interactive marketing agency recently named Best Social Media Marketing Agency of 2010, has been sold to Engine USA (www.theenginegroup.com), the newly formed communications and marketing services group.
According to Martin Puris, Chief Executive Officer of Engine USA, “Deep Focus is the first and in some ways the most critical step in a journey that will, over time, bring together a number of exceptional partners representing all the disciplines necessary to market effectively in the new world. A new world calls for new solutions. Our objective is ambitious; nothing short of creating a radically new, collaborative environment, free of ancient baggage and earn-out based financial models that stifle innovation, preclude collaboration and remain stubbornly unresponsive to the needs of clients in a confusing new environment.â€
JEGI represented Deep Focus in this transaction and acted as its exclusive financial advisor. For more information, click here.
mSnap (www.msnap.com), the largest broadcast-based mobile advertising network in the U.S. and a leading provider of mobile advertising solutions, has been sold to Marketron (www.marketron.com), the leading provider of business software solutions and services for the media industry.
The mSnap solution is being delivered via the Marketron Exchange platform, providing clients with a mobile solution that includes audience engagement tools, mobile content and an advertising network that will help media companies grow both audiences and revenues. The combined Marketron and mSnap mobile solution is uniquely designed to help media companies tap into new digital revenue streams, make broadcast programming more interactive and encourage audience loyalty.
JEGI represented mSnap in this transaction and acted as its exclusive financial advisor. For more information, click here.
Accela Communications (www.accelacommunications.com), a leading marketing technology company providing interactive video communications, has been sold to KIT Digital (NASDAQ: KITD) (www.kit-digital.com), a leading global provider of video asset management solutions for multi-screen IP-based delivery and broadcast systems integration services. Terms of the transaction were not announced.
The Jordan, Edmiston Group represented Accela Communications in this transaction and acted as its exclusive financial advisor. For more information, click here.
Hearst Corporation (www.hearst.com), one of the nation’s largest diversified media and marketing companies, has acquired iCrossing (www.icrossing.com), the global digital marketing services company.
The acquisition gives Hearst extensive global digital marketing capabilities, including paid search, search engine optimization, Web development, mobile and social marketing, and data analytics. According to Frank A. Bennack, Jr., Vice Chairman and CEO, Hearst Corporation, "Search and online marketing expertise will be an important asset for us as we continue to look for new ways to reach key audiences through digital marketing for our brands and our clients."
"Aligning with Hearst means a sharing of consumer insights, content, channel expertise and technology that will result in totally new approaches to both digital and integrated marketing for advertisers," said Don Scales, President and CEO, iCrossing.
The Jordan, Edmiston Group initiated this transaction on behalf of Hearst and acted as Hearst’s exclusive financial advisor. For more information, click here.
Burton Group, Inc. (www.burtongroup.com), a leading research and advisory services firm that focuses on providing practical, technically in-depth advice to front-line IT professionals, has been sold to Gartner, Inc. (NYSE: IT) (www.gartner.com), a leading provider of research and analysis on the global information technology industry, for approximately $56 million in cash. Burton Group has approximately 41 research analysts, 40 sales and client service associates, and projected 2009 revenue of $30 million.
The Jordan, Edmiston Group represented Burton Group 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.
mSnap (www.msnap.com), the largest SMS (Short Message Service) mobile advertising network in the U.S., has been sold to SmartReply (www.smartreply.com), North America’s leader in mobile marketing for top retail brands. Combined, these two companies create the most powerful SMS advertising platform for brand retailers and marketers today, unmatched in reach and scalability. The transaction signals the tipping point for mobile, bringing it to the forefront of the mobile advertising and marketing landscape.
Founded in 2006, mSnap has built an SMS ad network that comprises over 1,150 radio, print, and cable broadcast media partners, with the ability of reaching over 200 million mobile users per week. SmartReply has focused on delivering mobile and voice messaging solutions for loyalty, credit, and promotional marketing; its clients include over half of the top 100 retail brands in the U.S. and Canada.
The Jordan, Edmiston Group represented mSnap in this transaction and acted as its exclusive financial advisor. For more information, click here.
acerno (www.acerno.com), a leading online behavioral targeting network, has been sold to Akamai (NASDAQ: AKAM) (www.akamai.com), a market-leading provider of managed services for powering rich media, dynamic transactions, and enterprise applications online, for approximately $95 million in cash.
The acquisition of acerno, a unique online co-operative of shopping and purchase data for enabling more relevant online advertising, will greatly enhance Akamai’s Advertising Decision Solutions. These new Akamai solutions will enable online advertising businesses to boost the performance of their online marketing investments by driving smarter advertising decisions based on relevant audience segments.
The Jordan, Edmiston Group represented acerno in this transaction and acted as its exclusive financial advisor. For more information, click here.
Staffing Industry Analysts, Inc. (www.staffingindustry.com), the premier research, data and analysis firm covering the temporary workforce, has been sold to Crain Communications, Inc. (www.crain.com), the 90+ year-old business-to-business media company.
Under the Crain umbrella, Staffing Industry Analysts will continue to produce its award-winning online content of research, data, and analysis for staffing companies and other buyers of contingent labor. The company will maintain its presence in Los Altos, CA and retain its employees and management, with the exception of current chairman, Peter Yessne.
The Jordan, Edmiston Group represented Staffing Industry Analysts in this transaction and acted as its exclusive financial advisor. For more information, click here.
Forrester Research, Inc. (Nasdaq: FORR) (www.forrester.com) has acquired JupiterResearch, LLC (www.jupiterresearch.com) and its parent company, JUPR Holdings, Inc., from MCG Capital Corporation (www.mcgcapital.com), for $23 million in cash plus assumed liabilities, subject to post-closing adjustments.
JupiterResearch has 82 employees and 2007 revenues of approximately $14 million. Forrester, with 2007 revenues of $212 million, now has more than 1,000 employees. This strategic purchase complements Forrester’s syndicated business model, as JupiterResearch joins Forrester’s Marketing & Strategy Client Group, which contributed $46.4 million to Forrester’s total revenue in 2007.
The Jordan, Edmiston Group represented Forrester Research in this transaction and acted as its exclusive financial advisor. For more information, click here.
M:Metrics (www.mmetrics.com), the recognized leader in mobile measurement, has been sold to comScore (Nasdaq: SCOR) (www.comscore.com) a leader in measuring the digital world. The acquisition makes comScore the immediate leader in measuring the emerging and strategically important mobile Internet market and adds to comScore’s leading position in measuring PC-based Internet usage.
The transaction involves a cash payment of $44.3 million and the issuance of approximately 50,000 options to purchase shares of comScore stock to certain M:Metrics unvested option holders.
The Jordan, Edmiston Group represented M:Metrics in this transaction and acted as its exclusive financial advisor. For more information, click here.
Hallmark Data Systems (www.halldata.com), a leading information services and technology provider of fulfillment and customer relationship management solutions, and a portfolio company of Tinicum Capital Partners (www.tinicum.com), has been sold to EBSCO Industries (www.ebscoind.com).
EBSCO is a diversified business that provides subscriptions for more than 300,000 title listings from more than 78,000 publishers worldwide.
The Jordan, Edmiston Group represented Hallmark Data Systems in this transaction and acted as its exclusive financial advisor.
Undertone Networks (www.undertone-inc.com), a premium online advertising network, has received a strategic investment from JMI Equity (www.jmiequity.com), a private equity firm exclusively focused on investments in growing software and business services companies. JMI will work closely with Undertone’s management team to help the company continue to grow, deliver innovative services to its clients and create opportunities for its employees.
Working with leading traditional and digital advertising agencies and their clients, Undertone executes and strategically manages online advertising campaigns that allow clients to maximize their return on investment. The funding from JMI will enable Undertone to accelerate new product development and research, and further expand its presence in both U.S. and international markets.
The Jordan, Edmiston Group represented Intercept Interactive, the parent company of Undertone, in this transaction and acted as its exclusive financial advisor. For more information, click here.
Medical Knowledge Group (MKG) of New York City, a leading medical education and communications holding company, has sold a majority interest to CIVC Partners, the Chicago-based private equity firm.
Comprised of several best-in-class organizations and guided by strategic insight and medical/scientific acumen, MKG companies specialize in distinct areas of health care marketing and communications across all media platforms.
The Jordan, Edmiston Group represented Medical Knowledge Group in this transaction and acted as its exclusive financial advisor. For more information, click here.
The Becker Group, Ltd., a portfolio company of Sterling Capital Partners and a leading experiential marketing company, has been sold to Viad Corp. (NYSE: VVI), a leading provider of services for exhibition organizers and exhibitors. The Becker Group of Baltimore specializes in creating immersive, entertaining attractions and brand-based experiences for clients and venues, including retail centers, movie studios, museums, leading consumer brands and casinos. With more than 50 years of experience, Becker Group is the leading provider of large-scale events and experiences for retail real estate developers in North America.
This acquisition extends Viad’s experiential marketing services beyond the tradeshow environment and provides excellent opportunities to leverage the capabilities and client relationships of Becker Group, GES and Exhibitgroup/Giltspur to accelerate growth in all three of these businesses.
The Jordan, Edmiston Group represented Becker Group in this transaction and acted as its exclusive financial advisor. For more information, click here.
Seevast Corp, which operates leading ad networks Pulse 360 and Kanoodle, has sold Domain Asset Management™ company Moniker to online marketing solutions company Oversee.net (www.Oversee.net). The divestiture will allow Seevast management to focus on continued growth and innovation in its core ad network businesses – Pulse 360 and Kanoodle.
Seevast acquired Moniker in 2005 and since then, Moniker, led by CEO Monte Cahn, has grown significantly and pioneered the concept of Domain Asset Management, as well as their successful live and silent domain auction formats.
The Jordan, Edmiston Group represented Seevast in this transaction and acted as its exclusive financial advisor. For more information, click here.
KnowledgeStorm, Inc., a leading online search resource for IT professionals, has been sold to TechTarget (Nasdaq: TTGT), a publisher of intergrated media that enables IT marketers to reach targeted communities of IT professionals and excutives, for approximately $58 million.
KnowledgeStorm generates approximately 3.5 million visits per month from IT professionals searching for information and has approximately 700 active advertisers.
The Jordan, Edmiston Group represented KnowledgeStorm in this transaction and acted as its exclusive financial advisor. For more information, click here.
Circles, a leading loyalty services company, has been sold to Sodexho Alliance, an $18.8 billion global provider of Food and Facilities Management Services. Headquartered in Boston, MA, Circles creates and delivers concierge, personal assistant, experience and event programs for its clients, including Fortune 1000 companies and some of the most recognized brands in the world.
The Jordan, Edmiston Group represented Circles in this transaction and acted as its exclusive financial advisor. For more information, click here.
Venture Direct, a leading marketing services firm that provides online lead generation and customer acquisition services to advertisers, along with list brokerage and management services for publishers and list buyers, has been sold to PlattForm Holdings, a leading Internet marketing and enrollment solutions provider to the post-secondary education industry, and a portfolio company of Arlington Capital Partners.
The Jordan, Edmiston Group represented VentureDirect in this transaction and acted as its exclusive financial advisor. For more information, click here.
Gorilla Nation Media, the world's largest online ad rep firm, today announced a partnership with Great Hill Partners, a Boston-based private equity firm focused on investing in growth companies operating in the media, Internet and business and consumer services industries.
Great Hill Partners has invested over $50 million in Gorilla Nation Media for a significant minority stake in the business. This represents Gorilla Nation's first round of financing since its start in 2001 by founders Aaron Broder and Brian Fitzgerald.
The Jordan, Edmiston Group represented Gorilla Nation Media in this transactions and acted as its exclusive financial advisor. For more information, click here.
The Festival Network, a global, live entertainment production and marketing company, has secured $10 million in Series C financing from Guggenheim Partners, a diversified financial services firm that was formed to provide the Guggenheim family and other clients with a sophisticated array of wealth and investment management services.
The Jordan, Edmiston Group represented The Festival Network in this transaction.
TNS Media Intelligence (TNS MI), the leading provider of strategic advertising information, has acquired Cymfony, the top market influence analytics company. The acquisition integrates Cymfony's expertise in tracking and analyzing the intersection of traditional and social media, such as blogs and social networks, with TNS MI's current extensive suite of adveritising intelligence products.
The Jordan, Edmiston Group represented Cymfony in this transaction and acted as its exclusive financial advisor. For more information, click here.
Naylor, the leading provider of business-to-business communications solutions for trade and professional associations in North America and a portfolio company of Clarity Partners and ZelnickMedia, has acquired Convention Management Group, a Fairfax, VA-based full-service event management company.
Like Naylor, CMG focuses exclusively on serving trade and professional associations, and the acquisition will add turn-key event management capabilities to Naylor's full slate of print and online media services and solutions.
The Jordan, Edmiston Group represented CMG in this transaction and acted as its exclusive financial advisor. For more information, click here.
Festival Productions, George Wein's internationally celebrated music festival company, has joined with Shoreline Media to form The Festival Network, creating one of the world's premier entertainment and production companies.
The Jordan, Edmiston Group represented The Festival Network in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Business Information (RBI), a leading B2B media company in the US and part of Reed Elsevier, a world-leading publisher and information provider, has acquired BuyerZone.com, an online lead generation company.
BuyerZone is a leading online B2B marketplace that links prospective buyers to qualified suppliers of more than 125 business product and service categories. Since 2004, BuyerZone has facilitated more than $5 billion worth of transactions.
The Jordan, Edmiston Group represented Reed Business Information in this transaction. For more information, click here.
Studeo, an interactive direct marketing agency, has sold a significant interest in the company to Advanced Results Marketing, a national direct response marketing and advertising agency.
The Jordan, Edmiston Group represented Studeo in this transaction.
Aberdeen Group, a leading provider of technology market research, intelligence and demand generation services, has been sold to Harte-Hanks, a publicly traded worldwide direct and targeted marketing company.
The Jordan, Edmiston Group initiated the transaction and served as exclusive financial advisor to Aberdeen and its institutional shareholders, including Commonwealth Capital Ventures, TL Ventures and First Light Capital. For more information, click here.
The Thomson Corporation sold Peterson’s, a leading provider of education and career guidance, to Nelnet, one of the leading education finance companies in the US. The addition of Peterson’s expands the products and services that the two companies can offer to students, families, schools, lenders, guarantors, and military partners. It will advance Nelnet's initiative to match college-bound students with higher education institutions.
The Jordan, Edmiston Group represented Thomson in this transaction. For more information, click here.
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.
20/20 Software, a Los Angeles-based operator of the Web site 2020software.com, the top site for decision-makers evaluating business software at small- and mid-sized companies, has been sold to TechTarget, a leading Information Technology (IT) media company that enables IT marketers to reach targeted communities of IT professionals and executives across the globe.
The Jordan, Edmiston Group represented 20/20 Software in 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.
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.
Moreover Technologies, the premier provider of real-time news and business information, was acquired by VeriSign Inc. (NASDAQ: VRSN), the provider of intelligent infrastructure services that enable people and businesses to transact across the global network.
The Jordan, Edmiston Group represented Moreover 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.
MarketResearch.com, the leading aggregator of global business intelligence, has acquired MindBranch, a provider of the most targeted market research to a wide array of companies. The Jordan, Edmiston Group initiated this transaction.
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.
Gannett Co., Inc. (NYSE: GCI) has announced the acquisition of the stock of PointRoll, Inc., a leading interactive advertising technology company that provides user-friendly, non-intrusive "mouse over mini-site" Internet technology. This technology enables advertisers to expand their space online and receive more measurable impact from their online advertising campaigns. PointRoll will join Gannett's USA Today division. The Jordan, Edmiston Group represented PointRoll 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.
Information Technology (IT) media company TechTarget has acquired Boston-based Bitpipe, Inc. for $40 million in cash. Bitpipe is the #1 distributor of IT white papers, and, with TechTarget, one of the two fastest growing media companies serving enterprise IT professionals and executives. As a result of the acquisition, TechTarget now owns a majority share of the market for the distribution of IT white papers and other vendor-supplied content—serving a larger number of IT professionals and executives, and generating more revenue from that activity, than all other IT publishers combined. The Jordan, Edmiston Group represented Bitpipe in this transaction.
Distance Education Company, a leading provider of distance learning educational services through correspondence courses and Internet-related education strategies, was acquired by Professional Career Development Institute (PCDI) of Norcross, GA, which offers nationally accredited, self-paced distance learning programs. Distance Education Company operates through two schools – the New York Institute of Photography and the Sheffield School of Interior Design. The Jordan, Edmiston Group represented Distance Education Company in this transaction.
Dice, Inc., a leading provider of online recruiting services for technology professionals, has acquired the assets of ClearanceJobs.com, the premier job board focused exclusively on candidates with active U.S. Government security clearances. The Jordan, Edmiston Group represented Dice, Inc. in this transaction.
Imark Communications, Inc. has sold its First Contact division, a provider of event management services, to Stealth FC, LLC, an Oregon Limited Liability Company affiliated with Stealth Services Worldwide, LLC. The Jordan, Edmiston Group represented Imark in this transaction.
Imark Communications, Inc. has sold its Tradeshow Division to Centric Events Group, LLC, a privately funded event development and management firm focused on new product launches, acquisitions and customized, private-label, event management opportunities. The Jordan, Edmiston Group represented Imark in this transaction.
Gaylord Bros., Inc. has sold Gaylord Direct, a library supplies and services company, to DEMCO, Inc., a leading domestic and international direct marketer of library supplies and furnishings. Gaylord Direct was DEMCO’s largest and longest standing competitor in the library supplies and services field with locations in Liverpool, NY and Sanford, NC. The Jordan, Edmiston Group represented Gaylord Bros. in this transaction.
Infogate, Inc., a premium online subscription service, has been sold to America Online, Inc., a wholly owned subsidiary of AOL Time Warner Inc. (NYSE: AOL). The Jordan, Edmiston Group represented Infogate in this transaction.
VerticalNet (NASDAQ: VERT) has sold its Small and Medium Business Group to Corry Publishing for a cash up-front payment of $2.35 million and a four-year performance-based earn-out of $6.5 million, as well as the assumption of certain liabilities. Corry Publishing is a business media company that publishes magazines, email newsletters and buyers guides for Enterprise IT professionals. The Jordan, Edmiston Group represented VerticalNet in this transaction.
The Economist Group has sold Pyramid Research, a supplier of research and advisory services to the telecommunications industry, to Executive Insight, LLC. The Jordan, Edmiston Group represented The Economist Group in this transaction.
dmg world media has acquired a 25% interest in GLM Shows from George Little Management for $70 million. GLM Shows is the largest privately-held tradeshow management company for the production and marketing of consumer goods tradeshows in North America. The Jordan, Edmiston Group represented dmg world media in this transaction.