M&A Deal Summary

BridgeTower Media Acquires Virginia Business

On August 1, 2024, BridgeTower Media acquired publishing company Virginia Business

Acquisition Highlights
  • This is BridgeTower Media’s 2nd transaction in the Publishing sector.
  • This is BridgeTower Media’s 4th transaction in the United States.
  • This is BridgeTower Media’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-08-01
Target Virginia Business
Sector Publishing
Buyer(s) BridgeTower Media
Deal Type Add-on Acquisition

Target

Virginia Business

Richmond, Virginia, United States
Virginia Business is a statewide business publication company providing monthly insights to Virginia businesses and government leaders. Virginia Business is based in Richmond, Virginia.

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Buyer(S) 1

Buyer

BridgeTower Media

Minneapolis, Minnesota, United States

Category Company
Founded 2016
Sector Media
DESCRIPTION

BridgeTower Media is a provider of business information, events, and marketing services for the legal, financial, construction, and government sectors in more than 20 local and regional markets across the United States. BridgeTower Media was formed in 2016 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 4 of 4
Sector (Publishing) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Virginia) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-16 Progressive Business Media

Greensboro, North Carolina, United States

Progressive Business Media (PBM) is the premier business media and communications company serving the home furnishings and gift industries. It is the parent company of brands including Furniture Today, Home Accents Today, Home Textiles Today, Casual Living, Designers Today, Exterior Design, Gifts, and Decorative Accessories, and HFN. PBM’s brands deliver original content and research through print and online channels, as well as live conferences and events. The company prides itself on being part of the various business communities it serves: bringing people together to discuss issues of the day and to deliver meaningful content to the right audience, through the right channel, at the right time.

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