Beringer Capital, a private equity firm focused on digital media and marketing services, acquired Adweek, one of the largest news and insight sources in media, marketing, and advertising.
The acquisition from Mediabistro Holdings – of undisclosed amount – also includes the nine industry blogs in the Adweek Blog Network: AgencySpy, FishbowlNY, FishbowlDC, GalleyCat, LostRemote, PRNewser, SocialTimes, TVNewser and TVSpy.
Following this acquisition, Beringer Capital will provide Adweek with resources to expand its current editorial content, which is delivered online and across a weekly print magazine, mobile applications, daily newsletters, social media, original videos, events, and awards.
James Cooper, the brand’s Editorial Director, will continue overseeing Adweek’s editorial expertise and leadership. Brian F. Martin, Co-founder of Beringer Capital has been appointed as Chairman of Adweek.
Adweek.com has more than 6.5 million monthly unique visitors.
FinSMEs
19/07/2016