M&A Deal Summary

PennWell Acquires Hermes Media and Research

On December 29, 2011, PennWell acquired media company Hermes Media and Research

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

M&A Deal Summary

Date 2011-12-29
Target Hermes Media and Research
Sector Media
Buyer(s) PennWell
Deal Type Add-on Acquisition

Target

Hermes Media and Research

Arlington, Virginia, United States
Hermes Media and Research LLC is a media based company publishes web-based technology reports.

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Buyer(S) 1

Buyer

PennWell

Tulsa, Oklahoma, United States

Category Company
Founded 1910
Sector Marketing
DESCRIPTION

PennWell Corp. is a business-to-business media and marketing services company that provides quality content and integrated marketing solutions for the following industries: Electric power generation and delivery, hydropower, renewable energy, water and wastewater, oil & gas, electronics, optoelectronics, fiber-optics, aerospace and avionics, LEDs and lighting, fire and emergency services, and dental. PennWell Corp. was formed in 1910 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 2 of 7
Sector (Media) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Virginia) 1 of 1
Country (United States) 2 of 6
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-19 HCI Publications

Kansas City, Missouri, United States

HCI Publications, Inc. is a publisher of magazines, books, and reports for the hydro industry in the United States and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-03 Broadband Technology Report

United States

Broadband Technology Report is published weekly and also includes Tech Alerts, Video Alerts.

Buy -