Jun Group (www.jungroup.com), the leading mobile video and branded content advertising platform, has received a significant investment from Halyard Capital (www.halyard.com). The relationship, which represents Jun Group’s first institutional partnership, will allow the company to accelerate a number of growth initiatives.
“Branded content is the future of online advertising,” said Jun Group CEO Mitchell Reichgut. “It is also the present. Our platform drives interactions with specific consumer segments, at scale. We do it honestly, in premium destinations across devices. Now is the perfect time to take our growth to the next level, and we’ve found the ideal partners to help us achieve our aggressive goals.”
“Online video advertising, particularly on mobile devices, is about to grow dramatically,” said Bruce Eatroff, Founding Partner of Halyard Capital. “We are excited to be working with a company that’s been rewriting the rules and enjoying great success. We look forward to building on the company’s accomplishments and achieving outstanding results together. We believe there is an opportunity for Jun Group to succeed as brands shift video dollars away from television into effective, measurable channels like mobile applications.”
JEGI represented Jun Group in this transaction and acted as its exclusive financial advisor. For more information, click here.
Briefing Media (www.briefingmedia.com), the leading provider of business information and marketing solutions to the UK agricultural sector, and a portfolio company of Kester Capital (www.kestercapital.com), has been sold to UK-based private equity firm Lyceum Capital (www.lyceumcapital.co.uk).
Commenting on the deal, Cameron Crockett, a founding partner of Kester Capital said, “We would like to thank the management team, led by Neil Thackray, Rory Brown and Rupert Levy for their exceptional work over the last three years. It has been a pleasure to have had the opportunity to work with such an outstanding team and we wish them, the wider team and Lyceum every success for the future.”
Neil Thackray, CEO of Briefing Media said, “Kester Capital have been great investors and perhaps most importantly terrific partners for Briefing Media. They backed an ambitious plan and supported us all the way. Together we have been able to achieve a great result for shareholders and a very positive future for our business.”
Briefing Media was co-advised by JEGI and UK partner Clarity. For more information, click here.
Time Inc. (NYSE:TIME) (www.timeinc.com) has acquired inVNT (www.invnt.com), an experiential marketing company specializing in live media, digital and traditional advertising, brand environments and creative services.
“Live media is a great way to deliver targeted audiences to marketing partners. It provides passionate individuals an opportunity to share meaningful and memorable interactive brand experiences,” said Time Inc. Chairman and CEO Joe Ripp. “inVNT provides proven event expertise that will make our company a more attractive strategic partner for global advertisers. This acquisition complements our traditional and digital advertising assets, and I see enormous potential to grow this business.”
“Our goal is to create deeper connections between advertising partners and consumers,” said Scott Cullather, founder and Global Managing Partner of inVNT. “We are excited about the tremendous opportunities our company will have working with the iconic Time Inc. brands and the people behind them.”
JEGI represented Time Inc. in this transaction and acted as its exclusive financial advisor. For more information, click here.
Dodge Data & Analytics (www.construction.com), a leading provider of data, analytics, news and intelligence serving the North American construction industry, and a portfolio company of Symphony Technology Group (www.symphonytg.com), has sold its industry-leading brands Architectural Record, Engineering News-Record (ENR), and SNAP to BNP Media (www.bnpmedia.com). Based in Troy, MI, and established in 1926, BNP Media is a fourth-generation family-run company that serves multiple industries with its leading business-to-business publications. The company publishes over 50 titles catering to 11 distinct industry markets.
“This transaction signals Dodge’s focus on our core business: providing information, intelligence and data-driven insights to empower our customers in the construction industry,” said Mike Petrullo, Chief Executive Officer, Dodge Data & Analytics. “ENR and Architectural Record, both published for over 100 years, have a long, storied history of journalistic excellence and leadership in the marketplace, and we wish them continued success under BNP’s stewardship.”
JEGI represented Dodge Data & Analytics in this transaction and acted as its exclusive financial advisor. For more information, click here.
Renaud Hamaide, Comexposium’s Managing Director, says: “This rapidly growing industry is integral to the group’s international development strategy and represents a portfolio of leading events that will work in synergy with our existing ones.”
“I am incredibly excited to expand our Mobile Media Summit conferences around the world. With mobile becoming the cornerstone of marketing, advertising and technology, our events have become critical for brands, agencies and media companies that want to stay ahead of the curve in business,” said Paran Johar, CEO and Founder of the Mobile Media Summit.
JEGI represented Mobile Motion in this transaction and acted as its exclusive financial advisor. For more information, click here.
“The acquisition of Summit Professional Networks represents the next major step in ALM’s growth strategy, expanding our reach into new strategic markets,” said Bill Carter, President and CEO of ALM. “What makes Summit an ideal fit with ALM is their strong competitive position in the markets they serve, driven by a combination of award-winning journalism and their robust custom marketing solutions.”
JEGI represented Summit in this transaction and acted as its exclusive financial advisor. For more information, click here.
RTM Productions (www.rtmtv.com), a television and digital content production, distribution and marketing platform specializing in automotive tech programming, has been sold to Raycom Media (www.raycommedia.com), one of the nation’s largest broadcasters.
“RTM is a great company with a proven 25-year track record of creating quality content and innovative, targeted marketing solutions,” stated Raycom Senior Vice President Pat LaPlatney. “RTM and Raycom Media are a great fit on many different levels, and in the months ahead we look forward to significant growth in the business.”
“Our combination with Raycom Media brings the resources, scale and strength of one of the country’s largest independent broadcasters to help RTM increase our content and our marketing services to our advertisers,” said RTM founders Joe and Patty St. Lawrence.
JEGI represented RTM Productions in this transaction and acted as its exclusive financial advisor. For more information, click here.
Summit Professional Networks (www.summitprofessionalnetworks.com), the leading diversified b2b media and information company serving the insurance, financial services and legal communities, has sold The Investing in African Mining Indaba annual professional conference to Euromoney Institutional Investor PLC (LSE: ERM) (www.euromoneyplc.com), a leading international publishing, events and information company focused primarily on the financial markets.
“Mining Indaba and its delegates, sponsors and organizing team are fabulous assets,” said Steve Weitzner, Summit’s President and CEO. “The event is THE place to meet for anyone and everyone interested in the development of mining on the African continent. It has served as a catalyst for billions of dollars invested into African mining, since it was first organized 20 years ago."
JEGI represented Summit Professional Networks in this transaction and acted as its exclusive financial advisor. For more information, click here.
F+W Media, Inc. (www.fwmedia.com), a content and ecommerce company serving enthusiast vertical markets through a diversified portfolio of media, ecommerce sites, online education, events, retail locations, and direct-to-consumer catalog businesses, has received a majority investment from private investment firm Tinicum (www.tinicum.com). As part of this transaction, JEGI provided a fairness opinion to the special committee of the Board of Directors of F+W Media, Inc.
Women's Marketing Inc. (WMI) (www.womensmarketing.com), a portfolio company of Halyard Capital (www.halyard.com) and Steelpoint Capital (www.steelpointcp.com), has been sold to PNC Riverarch Capital (www.pncriverarch.com). WMI is the leader in media strategy, planning and buying for emerging brands targeting women.
“For the past 8 years, Halyard’s resources and commitment to WMI have provided a critical platform for our success...” said Bonnie Kintzer, CEO of WMI. “The evolving media landscape is providing many exciting opportunities, and we look forward to continuing to pursue them with our new partners.”
“Bringing a history of thought leadership and industry-focused expertise to its customer base, WMI has established a strong reputation and is well-positioned for continued growth,” said Michael Hand, Managing Director of PNC Riverarch Capital. “We were particularly attracted to the company’s strong management team, unique customer value proposition and scale to competitively serve emerging and established brands across media channels.”
JEGI represented WMI in this transaction and acted as its exclusive financial advisor. For more information, click here.
JD Events (jdevents.com), a leading trade show organizer, has sold the Content and Communications World (CCW) and Satellite Communications Conference and Expo (SATCON) events to the National Association of Broadcasters (NAB) (www.nab.org).
"We have made these additions to the NAB event family with the goal of growing both the attendee and exhibitor base of what has emerged as an important East Coast venue for the content community," said Executive Vice President of NAB Conventions and Business Operations, Chris Brown.
Joel Davis, Founder and CEO of JD Events, said, "...We believe the shows have grown to the point where they need a larger and more experienced owner to take them to the next level. We are pleased to place the future of these events into the very capable hands of the NAB."
JEGI represented JD Events in this transaction and acted as its exclusive financial advisor. For more information, click here.
”The International Restaurant and Foodservice Show of New York was started more than 20 years ago by my father, Fred Sampson, and it has evolved from a small, Association initiative in the ’70s, to what is today recognized and valued as one of the premier hospitality industry showcases in the world,” said Rick Sampson, President and CEO of the NYSRA. ”The NYSRA is excited as an organization to work closely with Urban Expositions in the years to come to continue to build and evolve the vision my father initiated more than four decades ago.”
JEGI represented the NYSRA in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Exhibitions (www.reedexpo.com) has sold its US restaurant and lodging portfolio, which includes the Florida Restaurant & Lodging Show, Western Foodservice & Hospitality Expo and Expo Comida Latina, to Urban Expositions (www.urban-expo.com).
”We have been searching for strategic opportunities to grow our retail/hospitality sector and these shows perfectly reflect the profile and development potential we were hoping to find,” explains Doug Miller, President, Urban Expositions.
”Urban Expositions is ideally suited to take over the management of each of these shows,” said Nancy Walsh, Executive Vice President of Reed Exhibitions North America. ”They understand the specialized needs of B2B events. Their management has built a solid reputation over the years for its hands-on management style and commitment to customer service – assets that will serve them well in the restaurant/hospitality industry and contribute to the continued growth and success of each of these events.”
JEGI represented Reed Exhibitions in this transaction and acted as its exclusive financial advisor. For more information, click here.
Onex Corporation (www.onex.com) acquired Nielsen Expositions from its parent, an affiliate of Nielsen Holdings N.V. (www.nielsen.com), for $950 million in cash consideration. Nielsen Expositions is a leading operator of large, business-to-business tradeshows in the United States. Concurrent with the closing of the acquisition, the company was renamed Emerald Expositions, Inc. (www.emeraldexpositions.com).
JEGI was an advisor to Onex in this transaction. For more information, click here.
Domino Media Group (domino.com) received a significant growth investment, led by Condé Nast (www.condenast.com) and Advance Publications (www.advance.net), along with iNovia Capital (inoviacapital.com) and LaunchCapital (www.launch-capital.com).
On October 3, 2013, the debut of the reimagined Domino brand was announced by Bob Sauerberg, president of Condé Nast and Andy Appelbaum, Cliff Sirlin and Aaron Wallace, co-founders of the newly formed Domino Media Group. A wholly independent entity, Domino Media Group brings together the Domino brand and its archives, seasoned digital entrepreneurs and an innovative e-commerce platform, allowing consumers to purchase the products and looks that inspire them directly from the editorial environment. Condé Nast will be providing a full range of support for this content-to-commerce model, including marketing and distribution services.
JEGI represented Domino Media Group (fka Project Décor) in this transaction and acted as its exclusive financial advisor.
Digital Broadcasting Group (“DBG”) (www.dbg.tv), a leading creator, producer, and distributor of premium video content across digital media, has been sold to Alloy Digital, LLC (www.alloydigital.com), a leading next generation media company recognized for its portfolio of top-ranked content brands and proprietary networks.
The transaction creates a powerful digital force by combining DBG’s massive video syndication network with Alloy Digital’s top-ranked digital distribution network, which includes some of the most popular digital entertainment brands.
JEGI represented DBG in this transaction and acted as its exclusive financial advisor.
AGENDA, with four shows a year in Long Beach and New York City, specializes in uniting the full spectrum of the action sports, streetwear, lifestyle and sneaker culture, while creating a unique environment with an emphasis on style, art, music and culture. AGENDA and Reed will collaborate on the development of unique content and drive the continued enhancement of customer value and unique experience for this growing retail segment.
“In the ten years since we launched AGENDA, we have really seen it grow dramatically from a business standpoint, but more importantly we’ve seen the AGENDA Show evolve in terms of the positive experience and unique environment that our customers expect when they enter one of our shows,” said Aaron Levant founder of the AGENDA Show. Continued Levant, “We are really excited to work with a world class exhibition company like Reed. Reed is the global leader in exhibitions with over 450 events and offices in 36 countries. We know Reed is the best because of their truly global view of the tradeshow landscape.”
JEGI represented AGENDA in this transaction and acted as its exclusive financial advisor. For more information, click here.
Intent Media Limited (www.intentmedia.co.uk), a leading provider of news and information for the European entertainment and technology markets, has been sold to NewBay Media (www.nbmedia.com), a portfolio company of The Wicks Group of Companies (www.wicksgroup.com). Intent will operate in parallel with NewBay’s existing business.
“Strategically, our plan has always included international expansion, and I am pleased that we were able to acquire a company that so perfectly complements our own portfolio and mission,” states Steve Palm, President and CEO, NewBay.
“Intent has constantly expanded, becoming one of Europe’s biggest specialists in business media for entertainment markets,” says Stuart Dinsey,
Intent’s Founder and Managing Director. “Our entrepreneurial spirits and ongoing ambitions fit perfectly with NewBay. Together, we look forward to exploring further growth opportunities.”
JEGI represented Intent Media Limited in this transaction and acted as its exclusive financial advisor. For more information, click here.
dmg events (www.dmgevents.com), a subsidiary of Daily Mail and General Trust plc, has sold Evanta (www.evanta.com), a leading peer-to-peer leadership platform for Fortune 1000 C-suite executives, and Sports Leadership Institute, a provider of leadership forums for professional and collegiate sports team executives, to Leeds Equity Partners (www.leedsequity.com) for approximately $94 million. Leeds Equity is a New York-based private equity fund focused exclusively on investing in the Knowledge Industries.
“Leeds Equity is excited to partner with Bob Dethlefs and the broader management team at Evanta and SLI,” said Jeffrey T. Leeds, President and Co-Founder of Leeds Equity. “Through exceptional vision and hard work, Bob and his team have built a differentiated platform with which to engage and support senior executives in business and sports.”
Evanta’s Founder and CEO, Bob Dethlefs said, “Our entire team looks forward to working closely with Leeds Equity to continue to serve our existing communities as well as developing new platforms and offerings. Leeds Equity not only has the resources, but also the insights and industry relationships to enable Evanta to pursue initiatives that will accelerate our growth going forward.”
JEGI represented dmg events (USA) inc. in this transaction and acted as its exclusive financial advisor. For more information, click here.
Aspire Media, a portfolio company of private equity firms Frontenac Company and Catalyst Investors and parent company of Interweave (www.interweave.com), a leading consumer enthusiast community, content and ecommerce provider, has been sold to F+W Media (www.fwmedia.com). F+W Media is the leading enthusiast content provider and marketer of magazines, books, conferences, and interactive media properties for a variety of communities.
“The Interweave strategy mirrors the strategy set in place for each of our vertical communities. To provide an expertly curated portfolio of quality content, products and services, marketed and sold direct to our comprehensive database of core enthusiasts, through our robust e-commerce stores,” said David Nussbaum, Chairman & CEO of F+W Media.
Clay Hall, Aspire Media’s and Interweave’s CEO for the past seven years, said, “I’m very proud of this team’s successful transformation of DIY (Do It Yourself) media for the digital age and am confident that F+W will build on their success.”
JEGI represented Aspire Media in this transaction and acted as its exclusive financial advisor. For more information, click here.
Vornado Realty Trust (www.vno.com) has sold MMPI Canada (www.mmpicanada.com), the leading Canadian producer of trade shows, conferences and consumer shows, to Informa plc (www.informa.com) for $53 million. London Stock Exchange listed Informa is the largest publicly-owned organizer of conferences and courses in the world, with an output of over 8,500 events annually.
In its Interim Results on July 25, Informa stated, “With specialization in construction, real estate, interior design and furnishing, the business (MMPI Canada) fits well with our sector strengths, and we are confident about the opportunities that exist to grow the business within Informa by launching new shows or geo-cloning existing ones into new markets.”
In commenting on the transaction, Managing Director Richard Mead of JEGI said: “There was considerable interest from both strategic and financial buyers reflecting the leading market position of MMPI Canada, and the quality of its management. This underscores the ongoing strength of the events model in B2B and B2C marketing.”
JEGI represented MMPI Canada in this transaction and acted as its exclusive financial advisor. For more information, click here.
Northstar Travel Media (www.northstartravelmedia.com), the leading business-to-business information company serving the travel and meetings industries, has been acquired by The Wicks Group of Companies, LLC (www.wicksgroup.com). Wicks is a New York-based private equity firm that invests in the media, educational, and information industries.
“We are very impressed with the growth of Northstar Travel Media the last few years during challenging economic conditions,” said Dan Kortick, a Managing Partner at Wicks. “The management team has done an excellent job of migrating its core business to an integrated information and marketing solutions company. We are excited about partnering with the current management team to continue to grow the company through product development and strategic acquisitions.”
“We are very pleased to welcome Wicks as our new partner to provide the capital and investment experience to help Northstar achieve its full potential as an information company that serves one of the largest and most dynamic industries in the world: Global travel and tourism,” said Thomas Kemp, Chairman & CEO of Northstar Travel Media.
JEGI represented Northstar in this transaction and acted as its exclusive financial advisor. For more information, click here.
Future US, Inc., the San Francisco-based subsidiary of Future plc (www.futureplc.com), has sold its US Music Division, including Guitar World, Revolver and Guitar Aficionado and the related web sites and events, to NewBay Media LLC (“NewBay”) (www.nbmedia.com). The sale of the US Music Division is consistent with Future plc’s strategy to reduce its scale of exposure to the US, which it set out during the release of its preliminary financial results.
Mark Wood, CEO Future plc, said, “Guitar World, Revolver and Guitar Aficionado are outstanding magazines, which have made a tremendous contribution to Future’s US business. NewBay Media, with its strong market position and passion for music, is now the perfect home for these superb brands.”
The acquisition establishes NewBay Media as the world’s leading publisher of guitar magazines, digital media, and events. “These titles, and the talented team behind them, represent the pinnacle of guitar enthusiast publishing, and we are thrilled to welcome them into the NewBay family,” stated Steve Palm, CEO, NewBay Media.
JEGI represented Future plc in this transaction and acted as its exclusive financial advisor. For more information, click here.
Travidia (www.travidia.com), a leading developer of online shopping solutions for local media, has been sold to a consortium of eight leading media companies – Advance Digital, A. H. Belo Corporation, Cox Media Group, Gannett Co., Hearst Corporation, MediaNews Group, The McClatchy Company, and The Washington Post Co. These companies have formed a joint venture in connection with the launch of a common online shopping platform to help advertisers reach consumers making purchasing decisions.
Christopher Tippie, an industry veteran who was the founding executive director of the Yahoo! Newspaper Consortium, will serve as acting CEO of the new joint venture. “This initiative among the country's leading media companies provides advertisers a unique opportunity to reach consumers through a simplified and standardized advertising platform. Advertisers can target audiences across participating local newspaper markets through digital display ads or with digital circulars,” said Mr. Tippie.
JEGI represented Travidia in this transaction and acted as its exclusive financial advisor. For more information, click here.
Hearst Corporation, one of the nation’s largest diversified media companies, sold Cycle World – the No. 1 media brand in the motorcycle industry – to Bonnier Corporation, one of the largest consumer-publishing groups in the U.S.
“With its very loyal audience of motorcycle enthusiasts, Cycle World will be a great addition to Bonnier’s portfolio of special-interest magazines,” said David Carey, President, Hearst Magazines.
“Our company excels at serving passionate special-interest audiences, so Cycle World is a solid strategic fit,” said Terry Snow, CEO, Bonnier Corp.
JEGI represented Hearst in this transaction and acted as its exclusive financial advisor. For more information, click here.
GLM currently produces 15 tradeshows, which annually showcase approximately 11,000 exhibitors in 1.8 million net square feet of exhibit space and attract approximately 150,000 attendees. Providence purchased GLM through a new holding company led by Charles G. McCurdy, who most recently served as CEO of Canon Communications.
JEGI represented Daily Mail and General Trust in this transaction and acted as its exclusive financial advisor. For more information, click here.
Kidspot (www.kidspot.com.au), the leading Australia-based online community for parents, has been sold to News Corporation. The deal includes the Kidspot web site and all of its related assets, including Birth.com.au, Kidspot.co.nz, The Spot, SheSpot, Research Studies, Mums Say and Baby and Kids Market, which hold offline parent community markets. The web sites have a dedicated following and provide expert information. This transaction highlights the value that media companies are placing on established web sites with strong communities.
JEGI identified a strong pool of potential acquirers in the US and Europe and partnered with Lexicon Partners, an Australia investment bank, which targeted Australia and Asia acquirers.
The sale of It's About Time (www.its-about-time.com), a part of Herff Jones Education Division and a leading educational publisher of inquiry-based science and math programs, to IAT Interactive, a newly formed company backed by an international private equity firm. It's About Time's programs are supported by the National Science Foundation and increase student achievement, because they motivate and engage, develop critical thinking, give students the skills to work collaboratively, and the ability to apply what they have learned.
JEGI represented Herff Jones in this transaction and acted as its exclusive financial advisor.
CCH Incorporated (www.cch.com), a Wolters Kluwer company, has sold Summers Press and selected CCH publications to Mancomm (www.mancomm.com), a safety and compliance publisher and a company of Mangan Communications, Inc. Summers Press publishes Occupational Safety and Health Administration ("OSHA") and other United States federal and state employment law related reference and guide books. The CCH publications included in the sale all cover OSHA-related topics.
JEGI represented Wolters Kluwer in this transaction and acted as its exclusive financial advisor.
All Island Media (www.lipennysaver.com), a leading shopper publication group serving the Long Island local media market, has been sold to Wafra Partners LLC (www.wafrapartners.com), a private equity firm that invests in traditional middle-market companies. All Island Media was a portfolio company of Hamilton Robinson Capital Partners (www.hrco.com), a leading middle-market private equity investor since 1984.
This transaction exemplifies Hamilton Robinson's value creating investment strategy. During its seven-year ownership of All Island, the company developed an outstanding organization of managers with significant equity ownership, achieved significant market share growth, broadened its product offerings, significantly increased profitability, and created the foundation for continuing success in its markets.
JEGI represented All Island Media in this transaction and acted as its exclusive financial advisor. For more information, click here.
Rigzone (www.rigzone.com), a U.S. market leader in the oil and gas industry, delivering content, data, advertising, and career services, has been sold to Dice Holdings, Inc. (NYSE: DHX) (www.diceholdingsinc.com), a leading provider of specialized career web sites for professional communities for $39 million in cash and additional consideration of up to $16 million over a one year earnout.
Known as the online gateway to the oil and gas industry, Rigzone is the world's most-used source for upstream oil and gas news and data, including in-depth information on the exploration, drilling and production markets. Rigzone has built a valuable and largely-passive community with more than 500,000 unique visitors each month and more than 270,000 resumes in their database.
The Jordan, Edmiston Group represented Rigzone in this transaction and acted as its exclusive financial advisor. For more information, click here.
Forbes, Inc. has sold Investopedia (www.investopedia.com), a leading financial information and investing education web site, to ValueClick, Inc. (Nasdaq: VCLK) (www.valueclick.com) for approximately $42 million in cash.
Founded in 1999, Investopedia provides consumers with a comprehensive library of financial terms, articles, tutorials, and investing education tools, such as virtual trading simulators and exam preparation materials.
The Jordan, Edmiston Group represented Forbes in this transaction and acted as its exclusive financial advisor. For more information, click here.
dmg world media (www.dmgworldmedia.com), a division of Daily Mail & General Trust, has sold the Alberta Gift Show and the Montreal Gift Show to the Canadian Gift & Tableware Association (www.cgta.org), a not for profit association for the $10-billion giftware industry that comprises over 1,600 members.
dmg world media is a leading supplier of face-to-face business information, with conferences, exhibitions and trade shows in the Energy, Technology, Gift, Construction & Interior industries and offices in five (5) countries.
The Jordan, Edmiston Group represented dmg world media in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Business Information-US (www.reedbusiness.com/us) has sold Publishers Weekly, Publishers Weekly Show Daily, and www.publishersweekly.com to PWxyz, LLC, a newly organized New York City-based company led by President George W. Slowik, Jr.
Mr. Slowik previously ran Publishers Weekly in the late 1980s and early 1990s. PWxyz will leverage Publishers Weekly's brand equity and talent pool to extend the franchise to a wider electronic and international footprint.
The Jordan, Edmiston Group represented Reed Business Information-US in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Business Information-US (www.reedbusiness.com/us) has sold eight magazines and related online assets, including Home Accents Today, Interior Design, Gifts & Decorative Accessories, Home Textiles Today, Casual Living, Furniture/Today, Kids Today and Playthings, to Sandow Media (www.sandowmedia.com), a Florida-based media company that has multichannel, vertically integrated luxury consumer brands online and in print.
All acquired publications are business-to-business print and online brands serving the commercial and residential design and home furnishings and accessories industries.
The Jordan, Edmiston Group represented Reed Business Information-US in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Business Information-US (www.reedbusiness.com/us) has sold Library Journal and School Library Journal to Ohio-based Media Source Inc. (www.juniorlibraryguild.com), a portfolio company of The Riverside Company (www.riversidecompany.com). The acquisition includes all print and web products, services, supplements, and newsletters, including Library Hotline.
"With this purchase, Media Source, best known for its ownership of Junior Library Guild and The Horn Book, Inc., adds substantially to its product offerings in the library market. Library Journal and School Library Journal are valuable magazines that deserve a corporate home focused on libraries," said Randall Asmo, CEO of Media Source.
The Jordan, Edmiston Group represented Reed Business Information-US in this transaction and acted as its exclusive financial advisor. For more information, click here.
Reed Business Information-US (www.reedbusiness.com/us) has sold the U.S.-based assets of four key media brands serving the advanced design engineering sector, including Electronic Design News (EDN), Design News, Test & Measurement World, and Packaging Digest, to Canon Communications LLC (www.cancom.com), a portfolio company of Apprise Media LLC (www.apprisemedia.com).
These brands have robust digital and print offerings, and hold lead positions in their markets. This transaction will reinforce Canon's leading U.S. position in the advanced manufacturing sector in exhibitions, publications, and digital media.
Reed Business Information-US (www.reedbusiness.com/us) has sold the Asian-based assets of four key media brands serving the advanced design engineering sector, including Electronic Design News (EDN), Design News, Test & Measurement World, and Packaging Digest, to Canon Communications LLC (www.cancom.com), a portfolio company of Apprise Media LLC (www.apprisemedia.com).
These brands have robust digital and print offerings, and hold lead positions in their markets. This transaction will reinforce Canon's leading position in Asia in the advanced manufacturing sector in exhibitions, publications, and digital media.
CFO is the leading business-to-business media brand focused on the information needs of c-level and senior finance executives. In addition to CFO magazine, the business includes a rapidly-growing portfolio of online products and services as well as conferences and custom research and publishing.
The Jordan, Edmiston Group represented The Economist Group in this transaction and acted as its exclusive financial advisor. For more information, click here.
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.
The Jordan, Edmiston Group represented Guggenheim Partners in this transaction.
WebMediaBrands (Nasdaq: WEBM) (www.webmediabrands.com), a leading provider of events, education, jobs and content for business, media and creative professionals, has sold its Internet.com division, a leading source of news, features and hands-on advice for developers and IT professionals, to QuinStreet (www.quinstreet.com) for $18 million in cash. QuinStreet is a full-service online marketing services and technology company.
Following the completion of the sale, WebMediaBrands will continue to operate its online business, which consists of Mediabistro.com, Graphics.com and related job boards, online education offerings and tradeshows.
The Jordan, Edmiston Group represented WebMediaBrands 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.
Times Publishing Company has sold Governing (www.governing.com), the premier provider of intelligence and analysis on state and local government, to e.Republic (www.erepublic.com), a leading media company focused on the state and local government and education markets.
Each company has deep experience in chronicling how the public's business gets done in states and localities. Stemming from its long affiliation with Congressional Quarterly, Governing's focus is on providing factual, unbiased coverage on public policy, management and what federal actions mean for cities, counties and states.
e.Republic has focused on the role technology plays in government transformation. An innovative media firm with award winning magazines and web sites, e.Republic is also home to the Center for Digital Government, a highly regarded research organization proving real-time intelligence and analysis on technology deployment and trends in state and local government.
The Jordan, Edmiston Group represented Times Publishing Company in this transaction and acted as its exclusive financial advisor. For more information, click here.
Times Publishing Company has sold Congressional Quarterly (www.cq.com), the premier provider of congressional news, insight and analysis, to Roll Call Group (www.rollcallgroup.com), a wholly owned subsidiary of The Economist Group (www.economistgroup.com). Under the terms of the agreement, Roll Call has purchased the assets of CQ to form a new company to be called CQ-Roll Call Group.
Since 1945, CQ has been the "publication of record," providing factual, unbiased coverage of congressional activity. In recent years, CQ has been at the forefront of developing Internet services that provide real-time intelligence on the workings of Congress. Roll Call, founded in 1955 and acquired by the Economist Group in 1992, has been at the center of the Capitol Hill community, providing a look into the people, politics, and personalities that drive the legislative process.
"The new CQ-Roll Call Group will have the largest and most experienced newsroom covering Washington and will be the leader in providing insight and analysis about the workings of Congress," said Laurie Battaglia, Managing Director and Executive Vice President of Roll Call Group.
The Jordan, Edmiston Group represented Congressional Quarterly in this transaction and acted as its exclusive financial advisor. For more information, click here.
Houghton Mifflin Harcourt Publishing Company (www.hmco.com) has sold Harcourt Religion Publishers to Our Sunday Visitor (www.osv.com), a Catholic not-for-profit organization that publishes six periodicals and markets over 500 products.
This transaction brings together two of the nation's leading Catholic publishing groups. The strategic combination of the two companies' product lines, services, and innovations represents an unprecedented, one-source solution for lifelong faith development within Catholic parishes and schools.
The Jordan, Edmiston Group represented Houghton Mifflin Harcourt Publishing Company in this transaction.
"This final stage of activity puts dmg world media nearer the strategic finish line here in North America," said Mike Cooke, CEO, dmg world media. "In 2007, we set out to reshape the business to focus more on fast growing trade markets and less on consumer based products. We have been successful thus far in finding buyers who see value in these products, which are no longer a strategic fit for dmg world media, but still have great potential in their regional or niche markets."
The Jordan, Edmiston Group represented dmg world media in this transaction and acted as its exclusive financial advisor. For more information, click here.
BZ Media (www.bzmedia.com), a high-tech, integrated B2B media company, has sold its Software Test & Performance (ST&P) business unit to Redwood Collaborative Media, an integrated B2B media company dedicated to creating platforms for professional communities.
ST&P serves the global software testing and performance community, reaching more than 55,000 IT professionals with information, education, training, and professional networking opportunities. The acquisition includes two leading industry events Software Test & Performance Conference and FutureTest Conference; Software Test & Performance magazine; and a complementary e-newsletter and online publication, Test & QA Report.
The Jordan, Edmiston Group represented BZ Media in this transaction and acted as its exclusive financial advisor. For more information, click here.
dmg world media (www.dmgworldmedia.com), a division of Daily Mail & General Trust plc (DMGT), has sold its portfolio of 38 North American consumer home shows to Marketplace Events LLC.
Marketplace Events is a portfolio company of Stephens Capital Partners LLC, an affiliate of Stephens Inc. (www.stephens.com), a privately held investment bank in Little Rock, Arkansas. This portfolio is comprised of consumer home shows in 27 cities across the US and Canada. The deal is valued at $53 million.
The Jordan, Edmiston Group represented dmg world media in this transaction and acted as its exclusive financial advisor. For more information, click here.
University Health Publishing Group (UHPG), a leading provider of consumer health information and education in collaboration with two of the most esteemed universities in the country -- Johns Hopkins University and the University of California, Berkeley, has been sold to MediZine, a leading consumer health education company and a portfolio company of Veronis Suhler Stevenson private equity firm.
The Jordan, Edmiston Group represented UHPG in this transaction and acted as its exclusive financial advisor. For more information, click here.
Compliance Week is the leading provider of corporate governance, risk and compliance information for financial and legal executives at public companies. Founded in 2002 by Scott Cohen and Frank Hertz, Compliance Week produces a paid weekly electronic newsletter, a paid monthly BPA-audited print magazine, a major annual conference and other live events, and a paid access web site that includes news, analysis, research, searchable governance databases and other valuable online resources.
The Jordan, Edmiston Group represented Financial Media Holdings Group/Compliance Week in this transaction and acted as its exclusive financial advisor. For more information, click here.
CQ Press (www.cqpress.com), the college publishing and online reference information service provider has been sold to SAGE (www.sagepublications.com), the leading academic publisher for academic, educational and professional markets.
CQ Press and SAGE's focus on scholarship and innovation that impacts education and public policy will further enhance SAGE's presence in the marketplace.
The Jordan Edmiston Group represented CQ Press in this transaction and acted as its exclusive financial advisor. For more information, click here.
Gartner (NYSE: IT), the world's leading information technology research and advisory company, has sold its Vision Events portfolio to CMP, a media and marketing solutions company serving the technology industry and a subsidiary of United Business Media plc (LSE: UBM).
Vision Events is a provider of specialized domestic and international face-to-face IT events. Through a recruiting marketing model, Vision Events builds partnerships and alliances through events, private appointments and one-on-one meetings, which maximize a return on investment for participants. Vision Events will become a part of the CMP Channel Events group.
The Jordan, Edmiston Group represented Gartner in this transaction and acted as its exclusive financial advisor. For more information, click here.
Think Service, a membership, certification and training, and events organization focused on IT service and support practitioners has been sold to United Business Media plc on behalf of CMP Technology. United Business Media is a leading global business media company that informs markets and brings the world's buyers and sellers together at events, through online, in print, and with the information they need to do business successfully.
Headquartered in Colorado Springs, CO, Think Service is the U.S. market leader in provision of training and information to service desk employees, also known as help desk employees. Think Service also organizes an annual Conference & Expo that attracts over 2,000 attendees and is recognized as the industry's leading event for IT support professional.
The Jordan, Edmiston Group represented Think Service in this transaction and acted as its exclusive financial advisor. For more information, click here.
FierceMarkets, a leading online B2B media company, has been sold to Questex Media Group, Inc., a global, diversified business-to-business integrated media and information provider.
Based in Washington, DC, FierceMarkets helps business marketers reach targeted decision-makers through its portfolio of e-mail newsletters, web sites, webinars and live events focusing on the Telecommunications, Life Sciences, Healthcare, IT, and Finance industries. With 45% compound annual revenue growth over five years, more than 300 repeat advertisers, and triple-digit annual audience growth, FierceMarkets has established itself as a leader in the new generation of fast-growth media companies taking traditional trade publishing into the digital age.
The Jordan, Edmiston Group represented FierceMarkets in this transaction and acted as its exclusive financial advisor. For more information, click here.
Money-Media, the US-based leader in online news and commentary for the money management industry, has been sold to Pearson, an international media company with market-leading businesses in education, business information and consumer publishing. Money-Media, through its products Ignites, Fundfire, BoardIQ, Agenda and ODX, offers highly-respected online services, publications and conferences.
Money-Media's specialist services will improve the ability of the Financial Times to reach the asset management community in the US, enhancing its recent launch of a US edition of FTfm (its dedicated fund management newspaper supplement); and globally, building on the FT's unique global franchise
The Jordan, Edmiston Group represented Money-Media in this transaction and acted as its exclusive financial advisor. For more information, click here.
iParenting Media, operator of one of the Internet's most popular communities for parents and parents-to-be at iParenting.com, has been sold to The Walt Disney Internet Group, a division of The Walt Disney Company. Through Disney.com, the Walt Disney Internet Group offers a portfolio of parenting sites and a strong line-up of family-targeted web properties, including the award-winning Disney Family.com. Through this transaction, The Walt Disney Internet Group gains iParenting's vast resources, quality content and vibrant community that serve families, young parents and parents-to-be in English and Spanish.
The Jordan, Edmiston Group represented iParenting 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.
In November 2000, dmg world media, a division of the Daily Mail and General Trust plc, acquired 25% of George Little Management ("GLM"), the leading privately owned event company in the United States. Subsequently, dmg world media increased its interest in GLM to 49%.
In October 2007, dmg world media acquired the remaining 51% to complete its 100% ownership of GLM.
The Jordan, Edmiston Group advised dmg world media in these transactions.
CFM Religion Publishing Group, a portfolio company of The Wicks Group and a recognized leader in providing Christian resources and publications for families, churches, schools and religious organizations, has acquired Resources for Christian Living (RCL), a provider of media products and services for the Catholic community.
The Jordan, Edmiston Group represented CFM Religion Publishing in this transaction and acted as its exclusive financial advisor.
Healia, an innovative consumer health search engine specializing in finding high quality and personalized health information online, has been acquired by Meredith Corporation (NYSE: MDP), one of America's leading media and marketing companies.
Approximately four out of five consumers first use a search engine to find health information. Healia, a winner of numerous industry awards, provides innovative search technology that guides health professionals and consumers to the highest quality and most personally relevant search results.
The Jordan, Edmiston Group represented Healia in this transaction and acted as its exclusive financial advisor. For more information, click here.
Sunshine Holdings Corporation, an H.I.G. Capital portfolio company, merged its Sunshine Custom Publishing division with True North Custom Publishing, uniting two fast-growth organizations, expanding the combined company's presence as America's largest custom health care publishing company.
The new company will operate as a division of Sunshine Holdings and be named True North Custom Publishing, under the leadership of True North's current President and CEO David McDonald.
The Jordan, Edmiston Group represented True North in this transaction 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.
Haymarket Media, Inc. has acquired DMNews from Courtenay Communications Corp. Both companies are privately held and based in New York.
Haymarket Media is one of the fastest-growing media companies in the US and publishes a dozen magazines covering the marketing, public relations, medical, elderly care, and information securities businesses, each with a market-leading online platform. Its parent, Haymarket Media Group, is based in London.
DMNews magazine was launched by Adrian Courtenay in 1979 and now includes other print offerings, the DMNews.com Web site and six e-mail newsletters. The sale also included rights to iMarketingNews, a magazine that was published from 1999 to 2002.
The Jordan, Edmiston Group represented Courtenay 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.
Rainbow Studies International, producer of the world's only color-coded Bible, has been sold to Standard Publishing, a portfolio company of the Wicks Group and producer of nondenominational, true-to-the-Bible resources.
The Jordan, Edmiston Group represented Rainbow Studies International in this transaction. For more information, click here.
Avista Capital Partners, a leading private equity firm, has acquired the assets of Phillips Investment Resources, LLC ("PIR"), a provider of subscription-based investment advice, from Phillips International, Inc.
Founded in 1974, Rockville, MD-based PIR provides independent investment advice on a paid subscription basis. The Company delivers its content primarily through electronic media channels, as well as through print newsletters. PIR offers 23 subscription-based advisory services from 16 expert advisors, covering a broad range of topics and investment styles to approximately 220,000 subscribers.
The Jordan, Edmiston Group represented Phillips International in this transaction and acted as its exclusive financial advisor. For more information, click here.
Alert Global Media, the Miami-based publisher of moneylaundering.com and Money Laundering Alert and provider of anti-money laundering conferences and training for financial professionals, has been sold to Fortent, a Warburg Pincus portfolio company and a specialist in anti-money laundering and fraud detection technology.
The transaction significantly expands Fortent's platform of risk and compliance products and services, creating a comprehensive suite of technology, training, and information services for financial institutions and government agencies worldwide.
The Jordan, Edmiston Group represented Alert Global Media in this transaction. For more information, click here.
Reed Exhibitions, a division of Reed Elsevier, has sold its Canada-based Woodworking Machinery & Supply and SIBO tradeshows to Vance Publishing Corp.
With this transaction, Reed has completed the strategic alignment of its business in North America. Earlier in 2006, Reed sold its US manufacturing and industrial portfolio as a first step in strategically aligning its business.
The Jordan, Edmiston Group represented Reed Exhibitions in this transaction. For more information, click here.
Reed Exhibitions, a division of Reed Elsevier, has sold seven Canadian industrial and manufacturing tradeshows to The Society of Manufacturing Engineers (SME), as part of the final divestiture of its strategic alignment of its business operations in North America.
SME has purchased the following events: Plant Maintenance & Design Engineering; Western Manufacturing Technology Show; Canadian Manufacturing Technology Show; Advanced Manufacturing Expo; Montreal Manufacturing Technology; Southwest Ontario Industrial Show; and Canadian Manufacturing Week.
The Jordan, Edmiston Group represented Reed Exhibitions in this transaction. For more information, click here.
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.
Gorilla Nation Media, LLC has sold Quizilla, a leading teen-oriented user generated content site, to MTV Networks, a division of Viacom Inc. Quizilla is a top-five online destination for female teens and will join the MTVN Kids and Family digital portfolio that includes popular teen sites The N.com and NeoPets.com. Quizilla drew 4.7 million unique visitors globally during September 2006.
The Jordan, Edmiston Group represented Gorilla Nation Media 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.
United Business Media has sold CMP Entertainment Media to The Wicks Group of Companies, a New York-based private equity firm, through its affiliate NewBay Media, for up to $50 million - $47 million cash at closing and $3 million in an earn-out. CMP Entertainment Media's assets - 14 magazines, eight events, numerous supplements and newsletters, custom products and over 20 rapidly growing online properties - serve professional and enthusiast musicians, recording professionals, sound engineers, audio and video systems installers and technology educators.
The Jordan, Edmiston Group represented United Business Media in this transaction. For more information, click here.
Yoga Journal, the country'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.
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.
AVCJ Group Limited, a Hong Kong based provider of financial newsletters, conferences and databases to the Asian private equity and venture capital communities, has been sold to Incisive Media plc, a specialist business information provider operating in eight core markets: financial risk management; retail investment; insurance; mortgage; capital markets/financial IT; marketing; photographic; and private equity. The initial consideration is $6 million, with a deferred earn-out capped at $9 million payable over three years, subject to certain performance targets.
The Jordan, Edmiston Group represented AVCJ Group Limited 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.
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.
Evanta, a premier producer of Fortune 1000 CIO executive conferences, has been acquired by dmg world media, a premier international exhibition and publishing company.
The Jordan, Edmiston Group represented Evanta 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.
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.
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.
Shorecliff Communications, the premier global event organizer and information provider serving the RFID (radio frequency identification), IPTV (Internet protocol television), broadband and wireless infrastructure markets, was acquired by CMP Media, the leading provider of access, insight and actionable programs to the technology, healthcare and lifestyle industries.
The Jordan, Edmiston Group represented Shorecliff in this transaction. For more information, click here.
CMP Media, a subsidiary of United Business Media and a leading marketing solutions company serving the technology, healthcare and entertainment markets, has acquired Black Hat, Inc., a leading producer of information security conferences and training that includes Black Hat Briefings and Conferences. Jeff Moss, founder and owner of Black Hat, will join CMP Media as Director of Black Hat.
The Jordan, Edmiston Group represented Black Hat in this transaction. For more information, click here.
Christianity Today International has agreed to acquire the Church Law and Tax Report and Church Treasurer Alert newsletters and a number of ancillary resources from the owners of Church Law & Tax Report, the leading publisher of legal information and training tools for U.S. church leaders.
The Jordan, Edmiston Group represented Church Law & Tax Report 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.
iMedia Communications, Inc., a leading publisher and event producer for the interactive media and marketing industries, has been sold to dmg world media's ad:tech expositions, the leading event organizer for global interactive marketing conferences and expositions.
The Jordan, Edmiston Group represented iMedia 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.
Paperloop has sold the Converting Machinery and Materials (CMM) International conference and exhibition, a premier trade show for the converting and package printing industry, to PennWell Corporation, a diversified, business-to-business media company.
The Jordan, Edmiston Group represented Paperloop in this transaction. For more information, click here.
Jupitermedia Corporation (Nasdaq: JUPM) has reached an agreement to sell its Search Engine Strategies Trade Shows and ClickZ.com Network to Incisive Media plc for $43 million in cash. Incisive Media of London, England is a specialist business information provider across seven core markets.
The Jordan, Edmiston Group represented Jupitermedia in this transaction. 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.
The Synthetic Organic Chemical Manufacturers Association (SOCMA) has sold its Informex trade show, the premier marketing event for the custom chemical industry, to United Business Media (UBM) for $24 million cash at closing. The acquisition builds upon UBM's existing strong chemicals and pharmaceuticals ingredients operations in Europe and Asia thorugh its CMP Information division.
The Jordan, Edmiston Group represented SOCMA in this transaction. For more information, click here.
Light Reading Inc., the ultimate source for technology and financial analysis of the communications industry, has been acquired by CMP Media LLC, a subsidiary of UK-based United Business Media for $27 million. This deal will give CMP a market leading position in the global telecommunications sector.
The Jordan, Edmiston Group represented Light Reading in this transaction. For more information, click here.
VNU Business Media has sold Apparel magazine and related assets to Edgell Communications, Inc. Apparel is a leading b2b information resource for the American apparel industry and provides coverage of product information, technology news and insights on a range of industry issues. Apparel's related assets include a Web site, a weekly e-newsletter and a host of live events. The Jordan, Edmiston Group, Inc. represented VNU Business Media in this transaction.
dmg world media, one of the world's leading producers of conferences and exhibitions, has acquired the AD:TECH trade exhibitions from JD Events. Focusing exclusively on interactive marketing, this series of annual conferences and exhibitions includes events held in San Francisco, Chicago and New York as well as new shows to be launched in London and Shanghai in 2005. The next AD:TECH event is scheduled for April 25-27, 2005 at the San Francisco Marriott. The Jordan, Edmiston Group represented JD Events 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.
United Business Media (UBM) has acquired the Tissue World franchise from Paperloop. The series of Tissue World exhibitions and conferences, currently held in France, the USA and China, are the premier events for the world's manufacturers, suppliers and buyers of tissue paper. These events and the supporting trade publication, Tissue World, will become part of CMP Asia, a subsidiary of UBM. The Jordan, Edmiston Group represented Paperloop in this transaction.
Ziff Davis Media Inc., a leading special interest technology media company, has acquired DeviceForge, LLC, a privately held vertical online b-to-b publishing company headquartered in Palo Alto, CA. The deal enables Ziff Davis to expand its already sizable portfolio of vertical product and information web sites to its enterprise level technology customers. The Jordan, Edmiston Group represented Ziff Davis in this transaction.
Ziff Davis Media has acquired Connexus Media, a network of Enterprise IT Web sites that comprises 10 targeted Web communities with a total of 600,000 subscribers in opt-in database. The sites offer targeted news, enewsletters, discussion forums and commentary. The Jordan, Edmiston Group represented Ziff Davis Media 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.
Budget Living LLC, publisher of Budget Living magazine, has raised a new round of expansion financing from private investors. Budget Living is a consumer lifestyle magazine published six times per year that educates readers on how to get the most for their money. The Jordan, Edmiston Group represented Budget Living LLC in this transaction.
New York-based EDventure Holdings has been sold to CNET Networks, Inc. (Nasdaq: CNET), a premier global interactive content company, in a cash and stock transaction. EDventure has built a reputation as an independent authority on technology issues through its prestigious Release 1.0 publications and PC Forum executive conferences. The Jordan, Edmiston Group represented EDventure in this transaction.
Wicks Business Information has sold Alternative Investor to Dow Jones & Company for $85 million, plus working capital and a potential performance-based payment of $5 million. Alternative Investor was created through the combination of three independent companies -- Asset Alternatives, VentureOne and Venture Reporter -- and has become a powerful and profitable leader in providing data, analysis, news and events to the private equity community around the globe. The Jordan, Edmiston Group initiated this transaction and represented Wicks Business Information in negotiations.
Pfingsten Publishing, L.L.C. has acquired the assets of Advanstar's Art Group from Advanstar Communications, Inc. The acquisition combines Pfingsten's art properties -- DÃ©COR magazine, four DÃ©COR Expo tradeshows and Art Expressions magazine -- with Advanstar's Art Business News, Framing Business News, Artexpo New York and Art Miami into a single business unit. The Jordan, Edmiston Group represented Pfingsten Publishing in this transaction.
Euromoney Institutional Investor PLC ("Euromoney") has acquired 80% of Information Management Network ("IMN"), the New York-based financial conference organizer. The initial cash consideration is approximately $29 million with three further payments to be made in 2005, 2006 and 2007. The maximum acquisition price payable for 100% of IMN is $100 million. IMN was represented in this transaction by The Jordan, Edmiston Group.
Active Interest Media ("AIM") has acquired Chantilly, VA-based Home Buyer Publications, publisher of special interest consumer magazines Log Home Living and Timber Frame Homes and a trade publication, Building Systems Magazine. The company also produces nearly a dozen three-day log home shows and more than two dozen building seminars that attract thousands of consumers from around the country. AIM, which is headed by Efrem "Skip" Zimbalist III, former chief executive officer of Times Mirror Magazines, was represented in this transaction by The Jordan, Edmiston Group.
Marvel Enterprises, Inc. (NYSE: MVL) has acquired the business and certain assets of New York City-based Cover Concepts from The Hearst Corporation. Cover Concepts specializes in the distribution of free, sponsored materials to public schools across the U.S. It sells advertising space on those materials, and its major advertisers include Gatorade and McDonald's. The Jordan, Edmiston Group represented Hearst in this transaction.
Sabot Publishing of Richmond, VA has been sold to Active Interest Media, a newly formed company led by Efrem "Skip" Zimbalist III in partnership with private equity investor Wind Point Partners. Sabot is the publisher of a portfolio of category leading, specialty niche magazines, including Black Belt, Southwest Art, Better Nutrition and Vegetarian Times. The Jordan, Edmiston Group represented Sabot in the transaction.
Ziff Davis Media has joined with the New York consultancy TM Media to launch the Ziff Davis Marketing Group. TM Media will complement and work side-by-side with the existing Ziff Davis Custom/Conference Group to launch a string of technology events with an emphasis on quality, not size or quantity. The Jordan, Edmiston Group represented Ziff Davis in this transaction.
Pace Communications, a custom publisher in North Carolina, has sold Elegant Bride magazine to Fairchild Publications, a division of Advance Publications. The Jordan, Edmiston Group represented Pace in this transaction.
Budget Living LLC, publisher of Budget Living magazine, a consumer lifestyle magazine published six times per year, has raised additional financing from private investors. The magazine educates readers on how to get the most for their money. The Jordan, Edmiston Group represented Budget Living LLC 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.
Watt Publishing Co., a well-recognized and respected publisher of agri-business and food processing magazines, has purchased Chartwell Communications, a publisher of titles focused on the woodworking and furniture industry. The Jordan, Edmiston Group represented Watt Publishing in this transaction.
Hearst Communications, Inc. has sold certain assets of Victoria magazine to Southern Progress Corporation, a division of Time Inc. The Jordan, Edmiston Group represented Hearst in this transaction.
Financial Times Business Limited, a division of Pearson plc, has sold FT Directories to Marketing Communications Media Limited. FT Directories publishes the print directories for the oil and gas, power and energy industries. These directories offer a broad list of industry suppliers and contact information. The Jordan, Edmiston Group represented Financial Times in this transaction.
Penton Media, Inc. has sold Professional Trade Shows (PTS) to Cygnus Expositions, a division of Cygnus Business Media. PTS is the nation's leading producer of regional industrial trade shows with over 25 shows in 22 states serving four markets - Plant Engineering & Maintenance, Building & Facilities, Material Handling and Machine Tools. The Jordan, Edmiston Group represented Penton Media in this transaction.
Imark Communications, Inc. has sold @d:tech, a leading event on interactive advertising, marketing and commerce, to JDEvents, Inc. JDEvents focuses on incubating new event concepts in diverse marketplaces. The Jordan, Edmiston Group represented Imark in this transaction.
Penton Media, Inc. has sold ISPCON Events, producer of events targeting ISPs and other data services providers, to The Golden Group, a trade conference and event management business. The Jordan, Edmiston Group represented Penton Media in this transaction.
Penton Media, Inc. has sold Boardwatch, a monthly magazine targeted at executives and senior managers within the telecom sector, to Light Reading Inc. Light Reading provides information, including events, white papers and other research, to the telecom industry. As part of this transaction, Light Reading has also acquired the Boardwatch and ISPworld websites and the Boardwatch directory of Internet service providers, each a leading resource for the telecom industry. The Jordan, Edmiston Group represented Penton Media in this transaction.
Penton Media, Inc. has sold A/E/C Systems International, producer of trade shows serving the architectural, engineering and construction industries, to Hanley-Wood, LLC. Hanley-Wood is a business-to-business media network serving North America's residential and commercial construction industries. The Jordan, Edmiston Group represented Penton Media in this transaction.
Penton Media, Inc. has sold Streaming Media, Inc., to Information Today, Inc. Streaming Media, Inc. serves and educates the streaming media industry and community through its website, www.streamingmedia.com, exhibitions and conferences, research and publications. The Jordan, Edmiston Group represented Penton Media in this transaction.
Imark Communications, Inc. has sold Project World USA and The Symposium on Healthcare Design tradeshows to The Institute for International Research (IIR). IIR is the leading conference and tradeshow operator worldwide. The Jordan, Edmiston Group represented Imark in this transaction.
Imark Communications, Inc. has sold selected assets of Solutions Network, Inc., including ProjectWorld Canada, to Diversified Business Communications, which produces international trade shows and publishes of a diverse set of magazines. ProjectWorld Canada comprises two educational conferences and exhibitions for project management professionals. The Jordan, Edmiston Group represented Imark in this transaction.
PRIMEDIA has sold Volleyball magazine to Ashton International Media, Inc., a consumer enthusiast magazine publisher focused on the sports and collectibles markets. With an estimated 19 million plus volleyball players and enthusiasts in the US, Volleyball magazine covers all aspects of the sport, from hard court to beach volleyball, to college tournaments to Olympic and professional events. The Jordan, Edmiston Group represented PRIMEDIA in this transaction.
PRIMEDIA has sold its Collectibles Group to Ashton International Media, Inc., a consumer enthusiast magazine publisher focused on the sports and collectibles markets. The Collectibles Group comprises Teddy Bear and Friends and Doll Reader magazines, which are the leading magazines in their enthusiast niches. The Jordan, Edmiston Group represented PRIMEDIA in this transaction.
Miller Sports Group, a division of Miller Publishing Group, has sold The Sailing Company to World Publications. The Sailing Company is the leading enthusiast publishing and information company serving the sailing market, with two renowned magazines - Cruising World and Sailing World. World Publications is a publisher of special interest magazines in the outdoor and water sports markets. The Jordan, Edmiston Group represented Miller Publishing in this transaction.
Vulcan Media has sold its Construction and Industrial Group of magazines, websites and card decks to Cygnus Business Media. Cygnus publishes 67 trade publications, 15 custom marketing publications and 11 industry directories. It also produces 50 exhibitions annually and operates more than 65 Web sites. The Jordan, Edmiston Group represented Vulcan Media in this transaction.
Individual Investor Group Inc. has sold Special Situations Report, the newsletter for undiscovered stocks, to Horizon Publishing Company. Horizon publishes investment newsletters for individual investors nationwide. The Jordan, Edmiston Group represented Individual Investor Group in this transaction.
From Don Welsh, the publishing visionary behind the runaway success Arthur Frommerâ€™s Budget Travel, comes Budget Living, a new consumer lifestyle magazine for individuals eager to get more for their money in every aspect of their lives. The Jordan, Edmiston Group helped raise funds from private investors to launch Budget Living magazine.
Dow Jones & Company, one of the world's leading information providers, has sold its stake in AmericaEconomia magazine, Latin America's leading pan-regional business magazine, to Nanbei, Ltd. The Jordan, Edmiston Group represented Dow Jones in this transaction.
The Association for Information and Image Management International (AIIM) has sold the AIIM International Exposition & Conference to Advanstar Communications, Inc. The AIIM International Exposition & Conference is an enterprise content management event that attracts over 20,000 IT and business professionals annually. The Jordan, Edmiston Group represented AIIM in this transaction.
Universal Engelbreit Cox, LLC, which is jointly owned by Mary Engelbreit Publications, Andrews McMeel Universal and Cox Newspapers, has sold a majority interest in Mary Engelbreit's Home Companion magazine to Belvoir Publications, Inc. Mary Engelbreit's Home Companion is a bi-monthly lifestyle magazine that inspires creativity, honors family and celebrates women's achievements both at home and in art. The Jordan, Edmiston Group represented Universal Engelbreit Cox in this transaction.
Allured Publishing has acquired Global Cosmetic magazine from Advanstar Communications, Inc. Global Cosmetic magazine provides editorial content for product developers and marketers responsible for developing and marketing formulation, raw materials procurement and production packaging products. The Jordan, Edmiston Group represented Allured in this transaction.
The Economist Group has sold the Journal of Commerce Group to Commonwealth Business Media. The Journal of Commerce Group publishes Journal of Commerce Week, the PIERS database and directories business and Traffic World, Air Cargo World, Florida Shipper, Gulf Shipper and Shipping Digest magazines. The Jordan, Edmiston Group represented The Economist Group in this transaction.
Reader's Digest Association has sold the subscriber list of Walking magazine to Time Inc. Health. The Jordan, Edmiston Group represented Reader''s Digest in this transaction.
Pearson, plc has sold FT Energy Group to Platts, a subsidiary of The McGraw-Hill Companies. FT Energy Group comprises Megawatt Daily, Gas Daily and Power in Europe newsletters and industry conferences, including Powermart and Coal Marketing Days. FT Energy Group also offers consulting services through E Source and RDI and databases and analytical tools such as POWERdat, GASdat and POWERmap. The Jordan, Edmiston Group represented Pearson in this transaction.
Individual Investor Group has sold the 430,000 subscriber list of Individual Investor magazine to Kiplinger Washington Editors, Inc., a leader in personal finance and business management publishing. The Jordan, Edmiston Group represented Individual Investor Group in this transaction.
Cahners Business Information has sold AMM, Metal Center News and New Steel magazines to Metal Bulletin plc, a provider of information to the non-ferrous metals and steel, minerals, mining, financial derivatives, independent macro-economic research, hedge funds, managed funds, energy and textiles industries. The Jordan, Edmiston Group represented Cahners in this transaction.
Reed Exhibitions, a division of Reed Elsevier plc, has sold the EastPack, WestPack and SouthPack regional packaging industry trade shows to Canon Communications, LLC. Canon Communications publishes 16 trade magazines and produces 18 tradeshows and conferences serving the medical device, pharmaceutical, nutraceutical, packaging, electronics, semiconductor fabrication, injection molding and other advanced technology markets. The Jordan, Edmiston Group represented Reed in this transaction.
Cahners Business Information has sold Contractor magazine to Penton Media. Contractor magazine is the only news magazine serving the entire plumbing, heating and air-conditioning industry. The Jordan, Edmiston Group represented Cahners in this transaction.
Cahners Business Information has sold Automotive Industries, RPM, Owner Operator and Commercial Carrier Journal magazines to Randall Publishing. Randall Publishing provides trade magazines, directories, tradeshows and subscription databases for the trucking, industrial and construction industries. The Jordan, Edmiston Group represented Cahners in this transaction.
Cahners Business Information has sold Automotive Body Repair News, Motor Age and Automotive Marketing magazines to Advanstar Communications. The Jordan, Edmiston Group represented Cahners in this transaction.
dmg world media has acquired a 25% interest in Western Exhibitors, Inc. from Universal Shows, Inc. for $40 million. Western Exhibitors is a gift show organizer. The Jordan, Edmiston Group represented dmg world media in this transaction.
Cahners Business Information has sold the Manufacturing Process Group to Business News Publishing. Included in this group are the following key magazines: Pollution Engineering; Industrial Paint & Powder; Assembly; and Quality. The Jordan, Edmiston Group represented Cahners in this transaction.
Sussex Publishers, Inc. has sold Mother Earth News magazine to Ogden Newspapers, Inc. Mother Earth News is a leading magazine about self-reliance and conscientious lifestyles, including stories on sustainable energy, natural homes and organic gardening. The Jordan, Edmiston Group represented Sussex Publishers in this transaction.
Kennedy Information, LLC has been sold to The Bureau of National Affairs (BNA) for $47 million. Kennedy publishes eight newsletters, three magazines and a host of research reports, web sites and conferences serving the management consulting, executive recruting and investor relations industries. The Jordan, Edmiston Group represented Kennedy Information in this transaction.
dmg world media has acquired Whereoware.com, Inc., the leading gift and home industry online marketplace. The Jordan, Edmiston Group represented dmg world media in this transaction.
Amos Press has sold its newspaper operations to Brown Publishing Company. Included in the sale were the Sidney (OH) Daily News and Suburban Newspapers of Dayton (OH), a chain of daily and weekly newspapers. The Jordan, Edmiston Group represented Amos Press in this transaction.
Spectrum Business Communications has sold four magazines to Pfingsten Publishing. These magazines serve the industrial maintenance, repair and operations (MRO) market, the construction market and the material handling market, including MRO Today, Progressive MRO Distributor and Contractor Tools and Supplies. The Jordan, Edmiston Group represented Spectrum Business Communications 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.
PRIMEDIA, Inc. has sold PRIMEDIA Information (The Directory Group) to Bariston Partners. The Directory Group consists of 17 market-leading B2B directories and publications serving the transportation and international trade, performing arts and commercial credit industries. The Jordan, Edmiston Group represented PRIMEDIA in this transaction.
Duke Communications, Inc. has sold Windows 2000 magazine group, AS400 Network, Business Finance and Duke Communications Europe to Penton Media for $150 million ($100 million cash + $50 million earn-out based on EBITDA and revenue targets for '01, '02 and '03). The Jordan, Edmiston Group represented Duke Communications in this transaction.
Individual Investor Group, Inc. has sold Ticker magazine and related Web sites to 123Jump.com, Inc. Ticker magazine is the largest circulation monthly publication for investment advisers, planners and brokers. The Jordan, Edmiston Group represented Individual Investor Group in this transaction.
First Conferences Ltd. has sold Streaming Media East, Streaming Media West and Streaming Media Europe trade shows, the streamingmedia.com Web site and Streaming Media magazine to Penton Media for $100 million. The Jordan, Edmiston Group represented First Conferences in this transaction.
1st Communications, Inc. has sold Professional Trade Shows, Inc. to Penton Media for $17 million. Professional Trade Shows operates 50 events in 40 cities in the US and Mexico and produces events for the factory/plant engineering and maintenance industries. The Jordan, Edmiston Group represented 1st Communications in this transaction.
Bill Communications, Inc., a subsidiary of VNU USA, has sold the Plastics Technology Group to Gardner Publications, Inc. The Plastics Technology Group consists of flagship publication Plastics Technology, an annual Processing Handbook and Buyer's Guide directory, the PT Online Web site and related online properties. The Jordan, Edmiston Group represented Bill Communications in this transaction.
Thunder Lizard Productions has been sold to Fawcette Technical Publications. Thunder Lizard is a Web design and development and Web marketing and advertising conference producer. Its portfolio of exhibitions includes Photoshop Conference, Web Design 2000, Web Marketing 2000, Web Advertising 2000, Web Commerce 2000, Macromedia Web World, Web Design World, Web Design 2000 and Web Marketing World. The Jordan, Edmiston Group represented Thunder Lizard in this transaction.
Dusty Spur Investments, LP has sold Cowboys & Indians magazine to Dusty Spur Publishing, Inc. in a management buy-out. Cowboys & Indians is a leading bimonthly magazine that celebrates the culture, glamour, romance and drama of America's Western tradition. The Jordan, Edmiston Group represented Dusty Spur Investments, LP in this transaction.
Bill Communications, Inc., a subsidiary of VNU USA, has sold the Automotive Group to Bobit Publishing. The Automotive Group comprises Modern Tire Dealer, Auto Trim and Restyling News and Truck Accessory News magazines. The Jordan, Edmiston Group represented Bill Communications in this transaction.
Pfingsten Publishing has acquired the Mortgage Originator Group from Mortgage Publishing Group. The group comprises Mortgage Originator, the leading magazine serving the mortgage origination industry, related conferences and MortgageOriginator.com. The Jordan, Edmiston Group represented Pfingsten Publishing in this transaction.
Triplepoint has sold Soccer, Jr., Soccer for Parents and Coaches Edition magazines and related assets to Scholastic, Inc. The Jordan, Edmiston Group represented Triplepoint in this transaction.
Dow Jones & Co. has sold Dow Jones Financial Publishing Corp. to Wicks Business Information. Dow Jones Financial Publishing Corp. includes Investment Advisor, Asset Management and Property and Realty Stock Review magazines. The Jordan, Edmiston Group represented Dow Jones in this transaction.
Hearst Communications has sold Motor Boating & Sailing magazine and related assets to Times Mirror. The Jordan, Edmiston Group represented Hearst in this transaction.