ZweigWhite Buys Architect/Engineer Media Resources
Feb 16, 2011
Press Release: February 16, 2011
FAYETTEVILLE, AR (February 16, 2011) — Management consulting, publishing and training firm ZweigWhite is pleased to announce the acquisition of Stagnito Media’s Engineering Group—its architectural and engineering resources—through a new wholly-owned subsidiary, ZweigWhite Media, LLC.
Specific assets include: print and eMedia publications CE News (www.cenews.com), Structural Engineering & Design (www.gostructural.com) and Rebuilding America’s Infrastructure (www.rebuildingamericasinfrastructure.com); eMedia vertical channel HubDOT.net (www.hubdOT.net); and events and eMedia assets AEC Technology Strategies (www.aectechstrategies.com), Best Firms To Work For (www.bestfirmstoworkfor.com) and IPD Channel (www.ipdchannel.net).
ZweigWhite and Stagnito Media’s business paths have crossed before. “Stagnito Media was part of ZW post-sale to Cardinal Growth in 2004 then carved off again in 2008,” says ZweigWhite founder and CEO Mark Zweig, who sold his interest in the firm and retired in 2004 only to rejoin the firm in July of 2010. “They never successfully integrated this operation into the rest of ZweigWhite’s business back then. We intend to fully integrate it now to greatly benefit our clients, readers and the A/E/C industry as a whole as we launch a variety of new products and services aimed squarely at the needs of firm owners in this market. This was a natural for us.”
Stagnito Media is located in Deerfield, Ill. In tandem with this acquisition, ZweigWhite will be opening a new office in nearby Chicago.
ZweigWhite Chairman Edward Friedrichs says, “We look forward to integrating Stagnito’s broad base of information resources into ZweigWhite’s offerings to bring a richer body of knowledge to both audiences. Further, current Stagnito readers and conference participants will benefit from ZweigWhite’s consulting, valuation and M&A services.”
Also included in the purchase deal are the virtual conferences Government Infrastructure eConference (www.governmentinfrastructure.com) and Engineering Design Technology eConference (www.econference.stagnitomedia.com), as well as the Continuing Education (www.stagnitomedia.com/cedu) and the Custom Media (www.stagnitomedia.com/showcase) sites.
Websites in the acquisition include: aecprojectmanagement.com, aectechstrategies.com, bestfirms.net, bestfirmssummit.com, bestfirmstoworkfor.net, bimchannel.com, cenewssummit.com, enviroexpo.com, gobridges.com, gostructural.com, ipdconference.com, sebuildings.com, structuralcio.com, sustainableengineering.com and sustainableengineering.net.
The deal does not include Stagnito Media’s Food Group assets.
Twice named to the Inc. 500 list of best firms, ZweigWhite is the nation’s leader in enhancing business performance for architecture, engineering, and environmental consulting firms. The ZweigWhite team consists of experts in strategy, mergers and acquisitions, business valuation, ownership transition, human resources management, finance, marketing, market research, project management and project delivery methods who collectively produce a comprehensive suite of products and services, including advisory, consulting, newsletters, industry reports, executive training, business conferences and more covering virtually every aspect of firm management. The firm is headquartered in Fayetteville, Arkansas, with additional offices in, Chicago, IL, Durham, NC, and Natick, MA. ZweigWhite is owned by investors Eli Global, BIA Digital Partners and MZ Ventures, with management including Mark Zweig and Ed Friedrichs. For more information, visit www.zweigwhite.com or call (479) 582-5700.
About Zweig Group
Zweig Group, three times on the Inc. 500/5000 list, is the industry leader and premiere authority in AEC firm management and marketing, the go-to source for data and research, and the leading provider of customized learning and training. Zweig Group exists to help AEC firms succeed in a complicated and challenging marketplace through services that include: Mergers & Acquisitions, Strategic Planning, Valuation, Executive Search, Board of Director Services, Ownership Transition, Marketing & Branding, and Business Development Training. The firm has offices in Dallas and Fayetteville, Arkansas.
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