Anil Narang and Carl Wistreich—chairman and CEO, respectively, of AC Business Media—have sold their majority stake in the Wisconsin-based trade magazine publisher to Florida-based private equity firm Boyne Capital, the two sides announced Thursday. Concurrent with the sale, former Grand View Media exec Barry Lovette is joining ACBM as its new CEO, effective immediately. Terms of the deal were not disclosed. "AC Business Media is a market leader that is poised for future growth," said Lovette in a prepared statement, indicating that Boyne intends to invest significantly in ACBM's existing portfolio, which consists of ten b2b magazines as well as a handful of trade shows and digital channels, mostly serving the heavy construction space. "We are excited to partner with Boyne and Barry," said Narang and Wistreich, who will remain with the company as minority owners, in a joint statement. "We are confident that they will take the best team in the industry and AC Business Media's outstanding customers to new heights." [caption id="attachment_134715" align="alignright" width="150"] Barry Lovette[/caption] The deal marks a return to publishing for Lovette, who up until 2015 had spent ten years as president and GM of b2b publisher Grand View Media, which was sold off in pieces by owner EBSCO Industries earlier this year. Lovette had spent the past two years as an executive partner at Salt Creek Capital, a San Francisco-based private equity firm. Representing AC Business Media in... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-08-31 00:00:00 UTC ]
At the Bologna Children’s Book Fair today, BolognaFiere, the organizer of the event as well as 75 other trade shows around the world, announced plans to start a new trade show focused on rights and licensing in New York City in spring 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-04 00:00:00 UTC ]
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Tech, trade shows, and digital media drove the majority of deals, while magazine publishers had a relatively quiet year. The post In Media and Tech, M&A Activity Held Steady in 2016 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-01-06 00:00:00 UTC ]
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London and New York's trade shows have opened registration. And in Christian publishing, a Big Five player teams up with Amazon. The post International Notes: HarperCollins’ Word of Prayer With Alexa; Registration for Spring Trade Shows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-12-13 00:00:00 UTC ]
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As the 'Wall of Content' rises, the heart of the publishing trade show, its rights transactions, becomes all the more vital — as we see this week at London Book Fair. The post Rights of Passage in a New Year of Trade Shows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-04-12 00:00:00 UTC ]
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Paris staff in the Fnac cultural products chain are up in arms over Sunday trading plans following recent legislation adopted by parliament to boost the economy. The two unions concerned—Confédération Générale du Travail (CGT) and SUD—allege that six of the seven Fnac stores in Paris should be... Continue reading at The Bookseller
[ The Bookseller | 2015-08-28 00:00:00 UTC ]
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The trade has reacted with relief to news that Hachette Book Group (HBG) in the US and Amazon have reached a new multi-year agreement. The agreement, announced yesterday (Thursday 13th November) in a joint statement by the two companies, will give HBG responsibility for setting consumer prices... Continue reading at The Bookseller
[ The Bookseller | 2014-11-15 00:00:00 UTC ]
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Cygnus continued its piece-by-piece sell off Monday, sending its public safety and transportation divisions to SouthComm. Terms weren't disclosed. The deal includes 11 magazines, seven trade shows and seven digital properties. Cygnus says all employees moving to new ownership will be retained. Continue reading at Folio Magazine
[ Folio Magazine | 2014-11-05 00:00:00 UTC ]
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Awards and honors for Catholic books and Christian fiction; conferences and trade shows in September and beyond. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-27 00:00:00 UTC ]
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There was a markedly optimistic tone at this year’s fall regional conferences and trade shows, held from September 20 to October 12 in airport hotels and conference centers from the Big Easy to Portland, Ore., and Providence, R.I. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-10-20 00:00:00 UTC ]
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Penguin has appointed Layla West as the director of digital channels, a newly-created role... Continue reading at The Bookseller
[ The Bookseller | 2013-06-03 00:00:00 UTC ]
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United Agents is in the final stages of negotiations to acquire A P Watt. In a joint statement,... Continue reading at The Bookseller
[ The Bookseller | 2012-09-26 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Fri, 13/05/2011 - 08:30 The Who guitarist Pete Townshend and "Little Britain" star David Walliams are the latest figures to have memoirs put in front of publishers, as the trade shows no sign of losing its appetite for celebrity autobiographies. Ed... Continue reading at The Bookseller
[ The Bookseller | 2011-05-13 00:00:00 UTC ]
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Written By: Barbara Casassus Publication Date: Tue, 22/03/2011 - 16:45 Hachette Livre and the French National Library (BnF) have signed a print-on-demand agreement for the publisher to sell through bookshops out-of-copyright works from the BnFs online library Gallica. An initial 15,000 titles... Continue reading at The Bookseller
[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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