Schofield Expands into Newsletter Publishing
Acquisition of health and safety title is third deal in as many years.
Schofield Publishing, a division of international b-to-b publisher Schofield Media, has acquired Health and Safety Monitor from England’s Silverdog Publishing.
Terms of the deal were not disclosed.
The acquisition, Schofield’s third in as many years, expands the publisher’s reach into the health and safety markets and is its first property to include newsletter publishing. “Health and safety is a topic that cuts across all the titles we currently publish, and fits well with our portfolio,” Schofield Publishing’s Mike Tulloch said in a statement. “Also, the Health and Safety Monitor brings us into the newsletter publishing market, a new area for us but one that I believe offers a lot of further opportunities.”
“I think this is a very sensible acquisition,” Jordan, Edmiston Group managing director Richard Mead told FOLIO:. “Schofield Media has developed a dynamic ad sales focus that has been successful for them. They’ve been looking to expand into this sector, and this seems like a great fit.”
Schofield Media was founded in 1999 by British entrepreneur Andrew Schofield (then Schofield Publishing). In 2005, the company received funding from private equity firm Veronis Suhler Stevenson and acquired Boston-based RedCoat Publishing—including American Executive and American Health Executive magazines—and three titles from VNU.
In 2006, Schofield acquired SB Communications, a London-based publisher of medical journals for the diabetic sector. In February, the company purchased Seattle-based high-tech b-to-b company CTQ Media, and its iSixSigma subsidiary.
Schofield Media publishes 16 b-to-b magazines and has offices in London, Boston, Chicago and New York.