This printed content is Sponsored by

Baxter Research Center -- www.brc.com

Stagnito Acquires B-to-B Media Group

Transaction includes engineering titles CE News and Structural Engineer.

Jason Fell FolioMag.com
01/05/2009

Stagnito Media has acquired Zweig White Information Services’ media group, including CE News and Structural Engineer magazines.

Stagnito is backed by Chicago-based private equity firm Cardinal Growth, which counts Zweig White in its portfolio of investments. Financial terms of the transaction, if any, were not disclosed.

According to Stagnito president and CEO Harry Stagnito, the acquisition fits within the company’s goal of launching and acquiring media properties in the industrial engineering, architecture, construction and infrastructure industries, “both in the private and public sectors.”

Previously, Harry Stagnito served as chief executive of Stagnito Communications, which was sold by Ascend Media to BNP Media in 2007 as part of Ascend’s estimated $30 million divestiture of its professional services division.


Read the Story and Comment Now Online:
http://www.foliomag.com/2009/stagnito-media-acquires-b-b-media-group

,












FOLIOMag.com: The Destination for the Magazine Pro
For the latest magazine and publishing industry news headlines, features, multimedia and community logon to FolioMag.com today.

Content Copyright © FOLIO: Magazine and Red 7 Media, LLC
This printed page is provided as a courtesy for non-commercial, non-profit use. Any use of this material in a commercial manner is not permitted. For information on licensing our content, please e-mail sitecomments [at] foliomag.com.