PitchBook
JEGI has announced it co-advised FC Business Intelligence in the sale of TU-Automotive to Penton, an information services platform owned by MidOcean Partners and Wasserstein & Co.
Marketing M&A Activity Hits Highest Levels Since 2007
Direct Marketing News
The number of mergers and acquisitions across data, marketing, media, software and tech-enabled services industries rose by 8% in 2015, the biggest increase seen since the pre-recession year of 2007.
TU-Automotive Acquired by Penton
CityBizList
FCBI announced that it has sold TU-Automotive to Penton, in a move that strengthens both Penton and TU-Automotive’s position as the market-leading provider of events and digital information for the fast-growing automotive technology and IoT segments.
Penton Acquires TU-Automotive
MediaPost
B2B media company Penton is expanding its footprint in the automotive technology marketplace with the acquisition of TU-Automotive, an events and digital information company focused on connected vehicles and the fast-growing Internet of things.
Penton Acquires Connected Car Portfolio of Events from FC Business Intelligence
TSNN
Penton adds to its ground transportation portfolio with the acquisition of TU-Automotive from FC Business Intelligence for an undisclosed sum.
Pamlico backs World 50
PitchBook
Pamlico Capital has completed a recapitalization of World 50, an invite-only peer-to-peer network and knowledge-exchange platform serving corporate executives. JEGI acted as exclusive financial advisor to the company in the transaction.