Questex, the Newton, Mass.-based publisher and trade show producer serving the travel-hospitality and technology spaces, among others, has been acquired by private equity firm MidOcean Partners from Shamrock Capital, which had owned the company since 2014. Financial terms were not disclosed. As part of the sale, Kerry Gumas—who has led Questex as chairman and CEO since founding the company in 2005—will move to an advisory role focused on strategic initiatives and M&A after a transitional period, according to an announcement. Gumas will be succeeded by incoming CEO Paul Miller, who arrives from Informa, where he had been president of the industry and infrastructure group since Informa's acquisition of Penton two years ago. [caption id="attachment_135421" align="alignright" width="150"] Paul Miller[/caption] Prior to Penton, where he was also a group president, Miller brings experience from UBM, where he served as CEO of UBM Electronics and UBM Canon, and later the UBM Technology group. (Like Penton, UBM is now owned by Informa, which claims it's still on the lookout for events-focused acquisitions in the b2b space.) Joining Miller on the new leadership team is David Kieselstein, the former Penton CEO who joined MidOcean as executive board chairman in January 2018. Keiselstein will serve as chairman of the Questex board of directors. [caption id="attachment_135423" align="alignright" width="150"] David Kieselstein[/caption] “As opposed to narrowcast events-only... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
Private equity group to control classified business while Mathias Döpfner and Friede Springer will run digital operationAxel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider and newspapers Bild and Die Welt, hived off into a... Continue reading at The Guardian
[ The Guardian | 2024-09-19 14:19:21 UTC ]
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Publishers will continue to look beyond their legacy business models in the coming years, and lean on technologies to not only improve their operations, but also their products. This idea was the thesis of a recent survey we conducted with a representative sample of leaders from across our... Continue reading at Folio Magazine
[ Folio Magazine | 2020-02-06 15:59:25 UTC ]
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Questex, the Newton, Mass.-based publisher and trade show producer serving the travel-hospitality and technology spaces, among others, has been acquired by private equity firm MidOcean Partners from Shamrock Capital, which had owned the company since 2014. Financial terms were not disclosed. As... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
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German publisher joins other media companies faced by 20% ownership limitThe German media group Axel Springer has sold off its media assets in Russia to Artcom Media, a division of the Russian-based publishing group ACMG run by Alexander Fedotov. The assets include the Russian editions of Forbes... Continue reading at The Guardian
[ The Guardian | 2015-09-18 00:00:00 UTC ]
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UBM Tech brings together communities who buy, sell and build technology. At the center of this strategy is our audience: The tech professionals changing our world. We see technology and media as inextricably intertwined and there is not an area of our business that is not touched by technology. Continue reading at Folio Magazine
[ Folio Magazine | 2013-08-29 00:00:00 UTC ]
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