Government Executive Media Group Sold to Private Equity

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

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Report: Miami Marlins to be sold to group led by Derek Jeter, Jeb Bush

Could Derek Jeter do for the Miami Marlins what Magic Johnson did for the Dodgers? A group led by Jeter and former Florida Gov. Jeb Bush have won the bidding for the Miami Marlins, Bloomberg reported Tuesday. Neither the Marlins nor Major League Baseball would comment on the report. If the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-04-26 00:00:00 UTC ]
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Lacking Systems for Collaboration, Association Media Groups Miss Opportunities

[Sponsored] Folio: and AdvantageCS examine association publishers’ biggest obstacles when it comes to cross-department cohesion. The post Lacking Systems for Collaboration, Association Media Groups Miss Opportunities appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-31 00:00:00 UTC ]
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Davler Media Group Buys LGBTQ Magazine and Teases New Quarterly

Metrosource joins Davler as the publisher prepares to launch design vertical, Exuberance. The post Davler Media Group Buys LGBTQ Magazine and Teases New Quarterly appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-23 00:00:00 UTC ]
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Hour Media Group Acquires Emmis Magazines for $6.5 Million

Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
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Spear Point Invests $1 Million into Salon Media Group

Four board members step down as TheStreet.com investor gains a 29 percent stake in the digital magazine. The post Spear Point Invests $1 Million into Salon Media Group appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-03 00:00:00 UTC ]
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Industry Changes: Nielsen Book’s US Services Sold to NPD Group

Offering employment to existing US Nielsen Book employees, the Nielsen Book practice becomes NPD Book in the new acquisition. The post Industry Changes: Nielsen Book’s US Services Sold to NPD Group appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-20 00:00:00 UTC ]
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A Citizen's Survival Guide to the Trumpian Era: 5 Books on Media and Government

Novelist and international affairs specialist Derek B. Miller picks five books on the complex relationship between media and government. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Radio Times likely to be bought by German media group

Hubert Burda needs consent from BBC Worldwide before it can acquire publisher of Top Gear magazine and other titlesThe Radio Times is poised to go into foreign ownership, as German publisher Hubert Burda finalises a deal to buy its parent company.Immediate Media, which struck a £121m deal with... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
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Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority... Continue reading at Advertising Age

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
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Bauer Media Group USA Appoints Steven Kotok as CEO

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[ Advertising Age | 2016-10-03 00:00:00 UTC ]
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Layoffs Hit North Jersey Media Group

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[ Folio Magazine | 2016-09-15 00:00:00 UTC ]
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Global Publishing Leaders 2016: China South Publishing & Media Group Co., Ltd

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Global Publishing Leaders 2016: Olma Media Group

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Global Publishing Leaders 2016: Phoenix Publishing and Media Group

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Random House Studio Sold to Fremantle Media

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[ Publishers Weekly | 2016-07-19 00:00:00 UTC ]
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With New Distribution Deal, Pittsburgh Animal Media Group Bets Bigger on Books

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[ Publishers Weekly | 2016-06-30 00:00:00 UTC ]
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Johnson Publishing Sells Ebony, Jet to Private Equity

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[ Folio Magazine | 2016-06-15 00:00:00 UTC ]
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SoA groups blast government rules on teaching writing

Members of the Society of Authors say current government policy on teaching children writing is destroying their enjoyment and creativity. Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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Baroness Rebuck and Jimmy Wales join Guardian Media Group board

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[ The Guardian | 2016-01-27 00:00:00 UTC ]
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Scalability, Access the Keys for Private Equity Publishing Acquisitions

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[ Publishers Weekly | 2016-01-15 00:00:00 UTC ]
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