At Endeavor Business Media—the Nashville-based company founded by former SouthComm CEO Chris Ferrell just two years ago—2019 is ending the same way it began: with a significant, acquisition-fueled expansion. Nine months after doubling its portfolio by acquiring more than 20 former PennWell brands from UK-based Clarion Events, Endeavor announced Monday that it has now purchased much of Informa Intelligence's industry/infrastructure and transportation divisions—a deal that will increase its employee base by approximately 50 percent. Encompassing some 23 trade magazines, at least seven live events and numerous digital brands, most of the assets involved in the deal are former Penton brands that were absorbed by Informa after the $1.56 billion merger of those two companies in 2016. The four exceptions are the "auto aftermarket" properties, which formerly comprised the UBM Automotive Group prior to UBM's own merger with Informa last year. A full list of the properties changing hands can be seen below, as provided by Endeavor: Endeavor says it now owns more than 80 print and digital media brands and 59 live events across at least 16 different industries, with more than 600 employees in at least nine corporate offices around the U.S. Asked whether the company anticipates any layoffs or redundancies as a result of this week's acquisition, a spokeswoman tells Folio: that Endeavor "will be bringing over all staff on the brands as they are structured today." Like February's... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-11-11 18:34:39 UTC ]
Written By: Graeme Neill Publication Date: Mon, 18/04/2011 - 15:13 Simon & Schuster Children's Books has signed a deal to publish tie-in titles to the forthcoming Smurfs movie. Publishing director Ingrid Selberg bought UK and Commonwealth rights, excluding Australia, New Zealand and Canada... Continue reading at The Bookseller
[ The Bookseller | 2011-04-18 00:00:00 UTC ]
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