Are these the guys who will end up buying Ziff Davis?
Published: Tuesday, March 20, 2007
-Shomari Hines There is a new media investing group up and running and they are looking for their first target? Could Ziff Davis which has been on the block for god knows how long, end up in their scopes? Or perhaps they are not ready to swallow something so big so soon? Well then maybe Mediabistro, another company rumored to be on the block is more on their side of the menu?Private equity firm ABRY Partners and Sundance Business Enterprises, a wholly owned subsidiary formed by David Nussbaum, former CEO of Penton Media, announced on Monday that they plan to identify and invest in b-to-b media companies and vertically focused online companies.ABRY has committed $100 million of equity capital to the venture, which it said should drive at least a half-billion dollars in transactional value. ABRY Partners, Sundance form company to invest in b-to-b media properties [BtoB] Labels: Investors, Mediabistro, SHOMARIHINES, ZiffDavis |



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