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New Deal


Announced

Growth Catalyst Partners to acquire a majority stake in GEMG from Atlantic Media for $14m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Publishing

Private

media publication

Acquisition

civilian posts

Friendly

Private Equity

Majority

Single Bidder

United States

Synopsis

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Growth Catalyst Partners, a middle-market private equity firm, agreed to acquire a majority stake in Government Executive Media Group, an American media publication that covers daily government business, from Atlantic Media, a print and online media company, for $14m. “GEMG has all of the qualities we look for in companies including a strong management team, a proven portfolio of leading products and services and an excellent reputation in their sector. GCP seeks to build middle market leaders in large, fragmented industry sectors with high growth potential and GEMG is an ideal example. We are excited to partner with Peter Goldstone, Tim Hartman and the team to strengthen their footprint and market share in the public sector and build-out more services through organic growth and acquisitions,” Scott Peters, Growth Catalyst Partners Co-Founder.

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