Monday, February 28, 2005
After 5 years under VSS ownership the Washington, DC-based B2B Publisher Hanley Wood is on Sale
according Folio M10 Alert from February, 28th:
B2B Publisher Hanley Wood from Washington, DC, owned by VS&A Communications Partners III, LP, the private-equity affiliate of media industry merchant bank Veronis Suhler Stevenson, is up for sales.
Hanley Wood turnover is around 200 mio. USD, they run 22 magazines mostly in the construction and building area, integrated B2B & B2C Web sites and conferences such as BUILDER 100, NLMBDA/PROSALES Industry Summit and the REMODELING Leadership Conference.
The reports say, that VSS is looking for a publisher or financial investor able and willing to invest around 500 mio. USD.
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