The Global Media Business Weekly

Endeavor buys PennWell mags

B2B information. Endeavor Business Media, of Nashville, has acquired former PennWell publishing properties from the Blackstone-owned Clarion Events including print and digital brands covering oil and gas, industrial technology, dentistry and water utilities. Transaction terms were not disclosed. The publishing assets had been part of a reputed $300m deal last year, focused primarily on growing Clarion’s exhibitions business. The acquisition grows the 18-month-old Endeavor to nearly $100m in revenue. It has more than 40 print and digital brands, 40 events, and almost 400 people. Its key markets include security, aircraft technology and healthcare. The company’s private equity sponsor is Nashville-based Resolute Capital Partners.

Endeavor Business Media