Private Equity Groups Buy IT Publisher 101communications

Share this content:
Information technology publisher 101communications LLC was sold to 1105 Media Inc., a firm supported by private equity firms Nautic Partners and Alta Communications in partnership with former Reed Elsevier and Petersen Publishing executive Neal Vitale.


A business-to-business publisher, 101 has 11 trade publications, 44 conferences and events along with their companion Web sites. The Chatsworth, CA, company was put up for sale in October.


Terms of the deal were not announced yesterday. Merrill Lynch, 101's current lender, offered financing for the deal. The Jordan, Edmiston Group Inc., New York, represented 101.


Mr. Vitale will now serve as president/CEO of 1105 Media, the new parent of 101.


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here