ABM News Archive - Mergers and Acquisitions

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.

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.

8/13/2014 - Programmatic buying, marketing automation and retargeting are no longer the domain of tech media but are becoming increasingly important in other verticals as well.

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.

8/6/2014 - As news broke this week that NewBay Media had purchased InfoComm International’s AV-IQ brand, NewBay president and CEO Steve Palm explained to ABM the reasoning behind the acquisition. He offered three ways the deal complements NewBay’s portfolio and commented on the larger economy for M&A activity.

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.

7/16/2014 - 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.

6/4/2014 - 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.

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.

4/15/2014 - 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.

4/1/2014 - 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 - In January, Farm Journal finalized its acquisition of a majority interest in Machinery Pete, a business operated by Greg and Eric Peterson that is regarded as a leading authority on used farm equipment value.

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.

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.

12/11/2013 - This past week, ABM members Diversified Business Communications and Vendome Group announced the purchase of new brands to be integrated into their structures and bolster their overall reach.

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.

6/13/2013 - Northstar Travel Media has acquired Your Travel Insider, a publisher of e-newsletters for the consumer travel market.

6/5/2013 - 1105 Media has acquired two education brands from Peter Li Inc.

5/29/2013 - Hanley Wood has added another mega show to its roster, Greenbuild, the largest trade show dedicated to green building.

5/15/2013 - At ABM’s Annual Conference, John Wickersham, partner of investment firm Atwood Capital, detailed products and services that will boost digital and b-to-b valuation.

5/6/2013 - In a commentary published on MediaPost, ABM's President and CEO Clark Pettit speaks out on why associations must consolidate to help members.

4/29/2013 - Ninety-seven percent of ABM members approved the merger, the association announced Monday at its Annual Conference.

4/10/2013 - ABM and the Software & Information Industry Association (SIIA) announced that they plan to merge in order to form the comprehensive, global business information and media industry association.

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.

4/2/2013 - Today, Marketwire announced its social rebranding. ABM has partnered with the company for five years, allowing members to distribute and target their news for free.

4/1/2013 - Five months after acquiring AgriTalk from Vance Publishing, Farm Journal relaunched the program with new editorial contributors and higher production values.

3/27/2013 - After purchasing Farm Progress for $80 million in November 2012, Penton will unveil its new ag division during the NAMA Agri-Marketing Conference next month.

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.

11/20/2012 - The Enk events will add to Advanstar's existing fashion events portfolio, which includes Magic and Project.

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?

11/12/2012 - The media company was acquired by j2 Global Inc., a provider of business cloud services.

11/1/2012 - Jason Cassidy, svp of strategy and development at Asset International, explains to ABM why data will continue to be number one for the company.

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.

9/19/2012 - After an acquisition and new hires, CEO Bill Carter says he’s focusing on boosting the company’s online services.

9/18/2012 - The acquisition includes magazines JEMS, FireRescue, Law Officer and Public Safety Communications.

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.

7/10/2012 - The number of business-to-business media deals jumped 75 percent to 14 in the first half of 2011 while deal value leapt 266 percent.

7/9/2012 - Northstar CEO Tom Kemp tells Folio: that the travel and event information company commanded a significant premium from its private equity firm buyer.

6/12/2012 - The b-to-b media category has seen a flurry of recent acquisitions and partnerships with data/market research companies, designed to extend resources to current audiences as well as blaze new trails into new categories.

4/3/2012 - Mergers and acquisitions are steadily becoming a new trend for b-to-b companies in 2012 as investors look to grow and branch out into b-to-b arenas.

3/29/2012 - Publishing giant buys 20 percent of Stylus, a company that reports on consumer behaviors and trends.

3/28/2012 - Performance Racing Industry has been sold to the Specialty Equipment Market Association.

3/26/2012 - Reed Business International has decided to sell their entertainment brand, Variety.

3/26/2012 - Access Intelligence, owner of EXPOmagazine publisher Red7Media, has acquired LeadsCon.

3/14/2012 - Time Warner's CNN is reportedly in talks to acquire Mashable, a social media technology news site.

2/17/2012 - Two of the biggest entertainment trade media brands are partnering with the Associated Press to launch a new entertainment feed.

2/16/2012 - The fourth annual mHealth Summit will take place Dec. 3 to 5 under the direction of its new owner, Healthcare Information and Management Systems Society (HIMSS).

2/16/2012 - RapidBuyr and M2MEDIA360 announced that they will partner to deliver daily deals to niche subscribers.

2/9/2012 - McGraw-Hill Cos. acquired privately held R2 Financial Technologies, a provider of risk and scenario-based analytics for traders and other financial customers.

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.

1/30/2012 - The deal enhances CFO's business in the event sector and affords the company greater access to on-demand content and communities, marketing services, on-site custom production and custom research.

1/23/2012 - The private equity firm has acquired Convenience Store News, Progressive Grocer, The Gourmet Retailer and Convenience Store News for the Single Store Owner in the deal.

1/13/2012 - The deal includes Guitar World, Revolver and Guitar Aficionado magazines.

1/4/2012 - B-to-b publisher PennWell announces the acquisition of Broadband Technology Report [BTR] from Hermes Media & Research LLC.

1/4/2012 - Technology media company Ziff Davis has acquired Toolbox.com, a networking site for IT professionals.

1/4/2012 - Advantage Business Media has acquired Vicon Publishing, Inc. of Amherst, New Hampshire effective January 1, 2012.