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

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

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

Relive the 2017 Marketing Hall of Femme

Click the image above