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

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.