Virgo Publishing Partners With Seaport CapitalVirgo Publishing Partners With Seaport Capital
December 1, 2004
PHOENIX--Virgo Publishing is pleased to announce it has partnered with Seaport Capital, a New York City-based private equity fund with more than $400 million of capital under management.
Seaport Capital focuses on partnering with management of private middle-market media, telecommunications, information and business-services companies. The partners at Seaport Capital have more than 75 years of cumulative experience in providing equity capital and financial and strategic advice to superior management teams seeking a partner to help them grow their business.
"Seaport is thrilled to partner with Virgo management, and we look forward to working with Jenny Bolton and her team to build on their tremendous track record in business-to-business information services," said Kevin Brandon, a partner with Seaport Capital.
Founded in 1986 and based in Phoenix, Virgo Publishing is a business-to-business publisher dedicated to meeting the information needs of niche business sectors. Virgo publishes 16 national trade magazines and produces seven trade shows and events diversified across several industry groups, including natural products/healthcare, telecommunications, light industrial and lifestyle.
Jenny Bolton, Virgo Publishing's president and chief executive officer, said, "Our new partnership with Seaport Capital is very exciting and will allow us to accelerate our current growth strategies. I am looking forward to continuing our expansion into new and existing markets where we can implement our unique style of creating communities through our publishing, Internet and events businesses."
Virgo Publishing's Health & Nutrition Division produces Natural Products Industry INSIDER magazine, HSR: Health Supplement Retailer magazine, the SupplySide East and SupplySide West trade shows, the Focus on the Future conference, the nutrilearn.com education Web site and various other business-to-business services.
"This will be a very exciting time for our industry and our clients as we take our company to the next level," said Peggy Jackson, director of publishing. "The additional knowledge and resources will allow us to greatly expand our service to the industry."
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