Highline Media, corporate parent of National Underwriter, has been acquired–along with Pfingsten Publishing–by Wind Point Partners, a private equity firm. The two companies will operate under the corporate umbrella of a newly formed publisher, Summit Business Media.
“We are very pleased to acquire Pfingsten and Highline, which have been fast-growing business-to-business information companies,” said William F. Reilly, chairman and chief executive officer of Summit. “Both companies have outstanding management teams with excellent track records and experience. The businesses have major brands and are leading information providers in their respective markets.”
Mr. Reilly added that “the combined enterprise has many opportunities for synergy in that Highline has a very strong position in electronic publishing, while Pfingsten has significant experience in trade shows, conferences and seminars. The fact that both are information providers to the insurance industry, for example, is a major plus.”
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