Announced
Completed
Synopsis
Connect Media, a privately held media company and a provider of commercial real estate news, completed the acquisition of Networld Media Group, a business-to-business media company delivering industry news and conferences for the restaurant, retail, banking and technology sectors. Financial terms were not disclosed. "Both Connect and Networld are built on high-quality journalism, industry-leading conferences, and strong industry relationships. Bringing these platforms together creates a powerful opportunity to accelerate growth, share best practices, and introduce expanded creative and agency services that complement and enhance Networld’s current capabilities—ultimately delivering greater value to our audiences and partners, as both individual investors and institutions seek information to grow, while building communities," Daniel Ceniceros, Connect Media Founder and Chief Executive Officer.
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