ABM News Archive - Deals
10/15/2014 - PennWell Corporation has acquired Revo Media Partners Unlimited, a London-based media business focused on the energy efficiency lighting industry.
10/2/2014 - There were 29 mergers and acquisitions in b-to-b media during the first nine months of 2014—the same number of deals as in the first three-quarters of 2013, according to the Jordan Edmiston Group.
9/24/2014 - McGraw Hill Financial, owner of Standard and Poor's, has announced that it will sell its McGraw Hill Construction division to a private equity firm for $320 million, completing the company's evolution into a financial information services company.
9/17/2014 - UBM this week may finalize a deal to purchase Advanstar for nearly $900 million, according to Reuters. The deal is the first major acquisition under UBM CEO Tim Cobbold.
9/17/2014 - PMMI, the association for packaging and processing technologies, has entered into a deal to acquire Summit Media Group, in which Summit CEO Joe Angel tells ABM is "complementary" and "truly strategic."
8/13/2014 - Following its sale last week to new private equity firm Observer Capital, SourceMedia is ready to strike down the M&A path, according to CEO Doug Manoni.
8/7/2014 - Two years after first shopping the publisher around, Investcorp has found a buyer in a new equity firm helmed by New York media executive Joseph Meyer. Sources quoted at Fortune and Folio peg the deal in the $50 to $60 million range.
7/23/2014 - Stepping further into the b-to-b ecosystem, LinkedIn has bought Bizo for $175 million, 10 percent of that in stock and the rest in cash. The deal is expected to close in the third quarter. LinkedIn says it will integrate Bizo's Media Solutions and Multi-Channel Nurturing products, but not its data solutions business.
7/21/2014 - Citing "people familiar with the matter," the news agency says that the b-to-b event company and publisher may fetch $900 million in a potential deal.
7/18/2014 - Deal marks latest move into ag data and business information products.
7/18/2014 - Aquafeed, the producer of the conferences, has decided to focus on its own publications and events in the aquaculture space.
7/16/2014 - Deal value for business-to-business media in the first half of 2014 increased more than eight times when compared to last year’s first half, according to a recent report by the Jordan, Edmiston Group, Inc. (JEGI).
6/24/2014 - Genstar Capital has announced the signing of a deal that would see the private equity firm acquire ABM member Asset International (AI), a b-to-b publisher and data provider for the asset management industry. The deal is expected to close in July. Terms were not released.
6/5/2014 - Seven years after private equity firm Wasserstein & Co sold legal publisher ALM to British Publisher Incisive Media and private equity firm Apax Partners, Wasserstein plans re-acquisition. According to ALM president and CEO Bill Carter, the deal will enable ALM to "further capitalize on our proprietary data and current production portfolio, drive growth, enhancing our digital platform and broaden the distribution of our leading products and services.”
6/4/2014 - The Alliance for Audited Media (AAM) has announced a merger with the Interactive Media Services Group, or ImServices. Effective as of May 30, the union ensures that AAM will have access to ImServices’ complete array of interactive media auditing services.
5/23/2014 - Earlier this month, Everyday Health Professional joined ABM as the association’s newest media member. A provider of online medical and healthcare solutions for practitioners and patients, Everyday Health manages a network of Web and media properties ranging from MayoClinic.org to JillianMichaels.com.
4/30/2014 - According to the Q1 2014 Mergers and Acquisitions Report filed by the Jordan Edmiston Group, Inc. (JEGI) at the beginning of the month, M&A in b-to-b media have skyrocketed.
4/30/2014 - Over the course of the past few months, ABM has had the privilege of welcoming several new companies to its membership roster.
4/15/2014 - NewBay Media has announced the purchase of Ratings Intelligence, a firm that offers subscription-based research services (such as ratings analysis and the creation of data tables and dynamic charts) to clients in the television industry.
4/2/2014 - ABM is delighted to announce that, in partnership with the IAB, we are offering a comprehensive a digital sales training certification program.
4/1/2014 - After several quiet months, M&A activity in business-to-business media came roaring back in in the first quarter of 2014, with deal volume jumping 50 percent to 12 transactions (up from eight transactions in the first quarter of 2013), while deal value leapt nearly 10 times to $1.0 billion, according to the Q1 2014 M&A Overview from the Jordan, Edmiston Group.
3/26/2014 - Praetorian Group, Inc. has officially announced the acquisition of EfficientGov.com, a Web network that offers fiscal and operational solutions to town and city governments.
3/12/2014 - Business information is a great opportunity for recurring revenue, and as such, two of the nation’s biggest agricultural publishers have recently joined the trend.
3/10/2014 - DTN/The Progressive Farmer and Dupont Pioneer — the leading developer and supplier of advanced plant genetics — have teamed up to offer instant weather and market information as well as grain trading abilities to growers.
2/18/2014 - Cygnus Business Media CEO John French has announced that the company’s Heavy Construction Group brand is for sale. Monetary data has not been released, but just as with last year’s sale of its Agriculture division to the American Farm Bureau Federation, Cygnus has employed the services of M&A advisory firm Corporate Solutions LLC.
2/18/2014 - Praetorian Group, Inc. has announced the purchase of Fire Chief magazine’s assets – including the trademark, mailing lists and the Web domain – from former owner Penton. The periodical was shuttered last November after 57 years of publication, but Praetorian plans to relaunch it as a digital brand, beginning with an e-mail newsletter and website redesign later this month.
2/5/2014 - Praetorian Group, Inc. has announced a partnership with Drakontas LLC, a software and communications firm geared toward providing solutions for the government sector. As a result of this deal, Drakontas’s DragonForce software will be incorporated into Praetorian’s PoliceOne Network, a news resource and directory for the law enforcement industry.
1/3/2014 - In their annual statement on mergers and acquisitions in the media, information, marketing and tech sectors, the Jordan, Edmiston Group, Inc. (JEGI) has reported the sum total of deals announced in 2013 to be $88.6 billion, as compared to $74.7 billion in 2012.
1/2/2014 - Three ABM member companies – Farm Journal Media, Naylor, LLC, and George Little Management, LLC – have been part of procurements in recent weeks, either as consumer or asset.
10/16/2013 - Deal volume for the b-to-b publishing and information industry grew 18 percent during the third quarter, according to a new report by Berkery Noyes.
9/11/2013 - Digital publishing platform Readz and content marketing agency Nomad Editions, both ABM members, recently formed a new alliance that offers marketers digitally native custom content solutions.
8/26/2013 - Northstar's vp of business development and licensing, Sheila Rice, explains how recent deals allow the company to reuse data and content to drive more revenue.
7/10/2013 - MediaFinder.com and JEGI have released their latest figures on b-to-b media launches and acquisitions during the first half of 2013.
4/23/2013 - In an exclusive ABM video Elisabeth DeMarse, CEO and chairman of TheStreet, talks about subscription products which she believes is a driving force in the company's success.
4/3/2013 - Eight business-to-business media transactions, worth $102 million, occurred in Q1 2013, according to the latest numbers from The Jordan, Edminston Group Inc.
2/20/2013 - A jointly developed on-demand series of digital media training webinars from The Laredo Group and ABM is now available.
1/16/2013 - The company recently acquired a title, which increased its staff by 52 percent, says President Norm Kamikow. MediaTec is also debuting an event spinoff, the web portal HCM-TV.
1/8/2013 - In an ABM story last week, experts predicted more media M&A activity in 2013. Since then, many ABM members have announced deals.
12/28/2012 - Bobit Business Media has acquired Auto Dealer Monthly's assets, weeks after announcing its acquisition of Limoforsale.com.
12/19/2012 - Bobit Business Media has acquired the Limoforsale.com assets from Limos.com, reports Folio:.
12/19/2012 - ABM recently chatted with NewBay CEO Steve Palm to get more details on the company's international deal.
12/12/2012 - ABM recaps the most notable deals in a slideshow, plus two leaders in media and information M&A tell us what deals were intriguing to them.
12/12/2012 - According to Megan St. John, managing director at InfoCommerce, the acquisition is designed to strengthen the company’s content offerings.
11/14/2012 - Instead of being gobbled up by other media companies in b-to-b or in technology, ZDM and ZDE were both sold to two vendors. Is media M&A changing?
10/16/2012 - In a video statement, Stagnito publisher Steven Lichtenstein said Private Label will merge with Progressive Grocers Store Brands to form Private Label Store Brands.
10/1/2012 - M&A activity for b-to-b media jumped 118 percent in the first three quarters of this year, according to The Jordan, Edmiston Group Inc.
9/18/2012 - The acquisition includes magazines JEMS, FireRescue, Law Officer and Public Safety Communications.
7/27/2012 - For a second year, the Farm Journal Foundation will donate $500,000 to support the FFA: Food for All grant program, which funds local FFA chapters' long-term projects to fight hunger.
7/17/2012 - The acquisition of Northstar Travel Media was one of the largest in the b-to-b media industry this year, with more than 10 companies participating in the management phase, according to Northstar CEO Tom Kemp. Next on the horizon is capitalizing on new opportunities.
4/9/2012 - The company has purchased the former headquarters of KB Toys in Pittsfiled, Mass., for $1.1 million.
3/29/2012 - Publishing giant buys 20 percent of Stylus, a company that reports on consumer behaviors and trends.
3/14/2012 - Time Warner's CNN is reportedly in talks to acquire Mashable, a social media technology news site.
3/1/2012 - Northstar Media is up for sale, and has the interest of several buyers.
2/21/2012 - The Mailers Technical Advisory Committee (MTAC) announced that the Postal Service will again offer a mobile bar code discount in 2012.
2/17/2012 - Two of the biggest entertainment trade media brands are partnering with the Associated Press to launch a new entertainment feed.
2/6/2012 - 30 people were let go immediately on Friday and in the coming weeks, a total of 100 ZDE employees will be cut from a workforce of 120 people.
2/2/2012 - Comag Marketing Group, the Princeton, New Jersey-based national magazine distributor jointly owned by Hearst and Condé Nast, has been sold to the Jim Pattison Group.
1/24/2012 - B2B daily deals service and ABM member RapidBuyr has inked a deal to deliver daily deals directly to HP web-connected printers,