M&A Deal Summary

Penton Media Acquires iNET Interactive

On January 16, 2015, Penton Media acquired internet software and services company iNET Interactive from Capitala Group

Acquisition Highlights
  • This is Penton Media’s 1st transaction in the Internet Software and Services sector.
  • This is Penton Media’s 6th transaction in the United States.
  • This is Penton Media’s 1st transaction in Ohio.

M&A Deal Summary
Date 2015-01-16
Target iNET Interactive
Sector Internet Software and Services
Buyer(s) Penton Media
Sellers(s) Capitala Group
Deal Type Add-on Acquisition

Target

iNET Interactive

West Chester, Ohio, United States
iNET Interactive is a special interest media company that has been named an INC. 5000 fastest-growing, privately-held company for four consecutive years. The company's special interest communities are organized into distinct vertical markets:Internet Services, Web Development, Consumer Tech and Internet Marketing. iNET’s web-centric approach represents the next generation of special interest media.

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Buyer(S) 1

Buyer

Penton Media

New York, New York, United States
Category Company
Founded 1886
Sector Information Technology
DESCRIPTION

Penton Media, Inc. is an information services and marketing company. Penton’s products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs.

DEAL STATS #
Overall 8 of 11
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 5 of 5
State (Ohio) 1 of 2
Country (United States) 6 of 7
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 McGraw Hill - Aviation Week

New York, New York, United States

Aviation Week is a magazine publisher focused on the aerospace sector. It serves over 1.2 million professionals in 185 countries and is the largest information and services provider to the global commercial, defense, maintenance/repair/overhaul (MRO), space and business aviation communities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 World Tea Media

Blue Ash, Ohio, United States

World Tea Media serves the growing North American specialty multi-billion dollar tea market.

Buy -

Seller(S) 1

SELLER

Capitala Group

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1998
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Capitala Group is an asset manager that provides equity and mezzanine capital to mid-sized companies valued up to $250 million. Funds are generally used to support growth needs, add-on acquisitions, management/leveraged buyouts, and recapitalizations. Capitatala will invest across the US, but generally targets opportunities located in the Southeast. Industry preferences include building products, business services, consumer/reteail, general industrial, healthcare, and technology. Prospective companies typically have revenues greater than $10 million and EBITDA of at least $3 million. Capitala was formed in 1998 and is headquartered in Charlotte, North Carolina.

DEAL STATS #
Overall 18 of 53
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 5 of 17
State (Ohio) 1 of 2
Country (United States) 17 of 52
Year (2015) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-06 Vita Nonwovens

High Point, North Carolina, United States

Vita Nonwovens LLC is a manufacturer of nonwoven thermal bonded fiber material. Vita Nonwovens is based in High Point, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-26 KBP Foods

Overland Park, Kansas, United States

KBP Foods operates quick service restaurants as a franchisee under the YUM! Brands umbrella, primarily within the KFC and Taco Bell concepts. KBP Foods was founded in 1999 and is based in Overland Park, Kansas.

Sell -
Mergr

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