After two decades as a division of Atlantic Media, GovExec is going independent. Atlantic Media owner David Bradley has sold a controlling stake in Government Executive Media Group (GEMG), a portfolio of media brands serving the public sector, to Growth Catalyst Partners, a Chicago-based private equity firm. Terms of the deal have not been disclosed. Following the sale, Peter Goldstone, a veteran B2B media exec who was CEO of Hanley Wood from 2012 to 2018 and served as president of GEMG from 2010 to 2012, will rejoin the company as chairman, while Bradley will maintain a minority stake in the company as well as a seat on the board. Included in the deal are all four of GEMG's brands—its flagship, Government Executive, as well as Defense One, Nextgov and Route Fifty—all of which serve government professionals at the federal, state or local level. An Atlantic Media rep tells Folio: that all current staffers at GEMG, including its management team, CEO Tim Hartman, president Connie Sayers and editor-in-chief Tom Shoop, will remain in place after the sale. A middle-market private equity firm founded in 2015 by Scott Peters and Jim Tenbroek, Growth Catalyst Partners says it specializes in information, marketing, and "tech-enabled services" businesses. Its portfolio includes CyberRisk Alliance, the B2B media firm founded in 2018 by Doug Manoni, the former CEO of both SourceMedia and Wicks Business Information. In a statement, Peters called GEMG an ideal investment for the firm,... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-03-17 14:43:03 UTC ]
News tagged with:
#50-year history
#national journal
#70% stake
#emerson collective
#full ownership
#full range
After two decades as a division of Atlantic Media, GovExec is going independent. Atlantic Media owner David Bradley has sold a controlling stake in Government Executive Media Group (GEMG), a portfolio of media brands serving the public sector, to Growth Catalyst Partners, a Chicago-based... Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-17 14:43:03 UTC ]
More news stories like this | News stories tagged with:
#50-year history
#national journal
#70% stake
#emerson collective
#full ownership
#full range
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... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trade shows
#digital channels
#joint statement
#caption id=
#developing story
The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot
[ Book Riot | 2023-08-08 13:23:36 UTC ]
More news stories like this |
Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that... Continue reading at The Guardian
[ The Guardian | 2023-08-07 21:05:30 UTC ]
More news stories like this | News stories tagged with:
#paramount global
#book market
#publisher penguin
#penguin random house
A consortium of private equity firms is buying video and TV ratings firm Nielsen in an all-cash $16 billion deal. The group is led by Evergreen Coast Capital Corp. and Brookfield Business Partners. Nielsen's board of directors voted unanimously to support the acquisition proposal after rejecting... Continue reading at AdWeek
[ AdWeek | 2022-03-29 13:52:12 UTC ]
More news stories like this | News stories tagged with:
#$16 billion
#acquisition offer
#nielsen
Private equity-funded Recurrent Ventures now has 20 digital media brands under its purview — and is on the hunt for more acquisitions. But is its approach to injecting new life into these titles sustainable? The post Recurrent Ventures – the next big private equity-fueled media conglomerate?... Continue reading at Digiday
[ Digiday | 2022-01-18 05:01:00 UTC ]
More news stories like this | News stories tagged with:
#recurrent ventures
#digital media
This story first ran in DC Inno, a sister publication of the Boston Business Journal. Storyblocks, a digital content company in the Washington, D.C. area, has struck a deal to sell to private equity firm Great Hill Partners, more than a decade after the company’s launch as a stock video... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-06-25 22:32:04 UTC ]
More news stories like this | News stories tagged with:
#storyblocks access
#sister publication
#comprising music
#digital content
Annette Thomas will take up role at Guardian and Observer parent company in MarchThe former head of one of the world’s largest specialist publishers has been appointed as the new chief executive of Guardian Media Group with a mission to ensure the business can continue to support “world-class... Continue reading at The Guardian
[ The Guardian | 2020-01-14 10:32:25 UTC ]
More news stories like this | News stories tagged with:
#annette thomas
#yale university
#cell biology
#academic publishing
Denis O’Brien loses hundreds of millions in sale of Ireland’s biggest newspaper publisherIreland’s largest newspaper group has agreed to a takeover offer from the Belgian media group Mediahuis in a deal in which its largest shareholder, billionaire Denis O’Brien, will lose hundreds of millions... Continue reading at The Guardian
[ The Guardian | 2019-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#irish independent
#sunday independent
#belfast telegraph
#large number
#regional titles
#financial year
Circle Media Group has sold its interest in one of Europe’s largest book printers, CPI, to a private investor, after less than nine months of ownership. Continue reading at The Bookseller
[ The Bookseller | 2019-04-10 00:00:00 UTC ]
More news stories like this |
For the first time in its 45-year history, Dennis Publishing has been sold. The London-based publisher of The Week and Mental Floss, among numerous others, has been acquired by British private equity firm Exponent, both parties announced Tuesday. Proceeds from the sale will go to the Heart of... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#rate base
#deep experience
#track record
Beringer Capital acquires the weekly magazine and web verticals months after their spin-off from Prometheus Global Media. The post Adweek Sold to Canadian Private Equity Firm appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#weekly magazine
Penguin Random House has sold its Author Solutions division to an affiliate of the Najafi Companies, a private investment firm that at one point owned Bookspan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
More news stories like this |
Guardian, Observer and theguardian.com publisher to invest sale proceeds, thought to be £600m to £700m, in core businessGuardian Media Group is selling its 50.1% stake in Auto Trader owner Trader Media Group to private equity firm Apax Partners in a deal thought to be worth £600m to £700m to the... Continue reading at The Guardian
[ The Guardian | 2014-01-21 00:00:00 UTC ]
More news stories like this |
Digital media companies Vox Media and Group Nine Media are planning a merger, people familiar with the matter tell Adweek. The combined company would instantly become one of the largest digital media publishers in the U.S., helping it compete more effectively against the scale of social... Continue reading at AdWeek
[ AdWeek | 2021-12-13 22:11:18 UTC ]
More news stories like this | News stories tagged with:
#vox media
#people familiar
#combined company
#social platforms
#advertising budgets
#digital media
B2B's shifting ad spend, a big promotion at Teen Vogue, and more news from around the magazine space. The post IBT Media Rebrands as Newsweek Media Group | Industry Notes appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#big promotion
#teen vogue
#magazine space
Whether as a print magazine or a digital brand, Newsweek is a name consumers worldwide can recognize--and, more importantly, trust. That was the driving force behind IBT Media's decision to buy Newsweek when it was a digital-only publication, and to revive the print edition in 2014. And it's why... Continue reading at AdWeek
[ AdWeek | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ibt media
#print magazine
#digital brand
#driving force
Want to get through to the hard-to-reach millennial male? Thrillist Media Group thinks it knows the formula. The digital publisher announced the creation of The CoLab, its own in-house agency that will work with brands to create native activations and content. "We wanted to have one cohesive... Continue reading at AdWeek
[ AdWeek | 2015-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital marketing
#page views
More than 200 members of the Women's Media Group celebrated its 50th anniversary at a March 25 gala at the New-York Historical Society. Marie Dutton Brown, Mary McAveney, We Need Diverse Books, and the Brooklyn Public Library were among the night's honorees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#mary mcaveney
#diverse books