US-based Endeavor Business Media has announced the acquisition of a portfolio of construction related events from Scranton Gillette Communications, including the ProBuilder Show Village, Women in Residential+Commercial Construction Conference, and the Pro+Connect series of hosted buyer events. Three media brands covering the building and construction industry were also acquired. These event and media brands solidify Endeavor’s position as the market leader in the Buildings & Construction sector.
Nick Curci of Corporate Solutions in Westport, Connecticut, was the exclusive advisor to Scranton Gillette Communications in arranging, structuring, and negotiating the transaction.
“We are thrilled to welcome these well-respected events and media brands to our growing organisation,” said Chris Ferrell, CEO of Endeavor Business Media.
The acquisition of the assets from Scranton Gillette nearly doubles the size of Endeavor’s Buildings & Construction group, which is comprised of over 15 media, event, and continuing education brands that serve engineers, designers, architects, and contractors. More than 30 Scranton Gillette employees will join the Endeavor team.
“The acquisition of these leading residential construction brands and events by Endeavor will provide strategic leverage for their continued growth and success. I am delighted that these iconic brands and teams will be joining the strong Endeavor Buildings & Construction Portfolio to forge a group that is clearly the industry leader,” said Ed Gillette, president & CEO of Scranton Gillette Communications.
Headquartered in Nashville, Tennessee, Endeavor Business Media was formed in 2017 to acquire and operate business media brands, events, and marketing solutions. Today, the company has more than 700 employees, 7,000 customers, and a database of over 12 million business professionals.
To learn more, visit www.endeavorbusinessmedia.com.
