Access Intelligence Acquires Cynopsis Media
The acquisition marks Access Intelligence's continued investment in high-performing and premier properties with engaged audiences and best-in-class products and services. In February, Access Intelligence acquired Red7 Media, which serves the events and media business through Event Marketer, Expo, Best Events, Folio and Audience Development. In January 2011, AI acquired OR Manager, the leading media brand and annual educational conference and trade show for operating room executives, managers and hospital directors.
Cynopsis Media rounds out Access Intelligence's Cable portfolio, adding a robust eletter business to its fold, and expanding into the fast-growing sectors of sports and kids marketing and entertainment.
"Cynopsis and the Red7 integrated media company have established AI as a major player in the media and marketing sector and OR Manager's integrated media base has enhanced our healthcare portfolio," said Don Pazour, president and CEO of Access Intelligence. "We expect to continue an aggressive plan of organic and acquisition growth across these two core groups within the company."
About Access Intelligence
Access Intelligence, a portfolio company of Veronis Suhler Stevenson, is a b-to-b media and information company headquartered in Rockville, Md., serving the media, PR, cable, healthcare management, defense, chemical engineering, satellite and aviation markets. Leading brands include Contexo Media, Dorland Health, CableFAX, Communications Technology, PR News, Folio, Media Industry Newsletter; Best Events, Defense Daily Network, AviationToday, Cable360 and Studio Daily; Power, Chemical Engineering and Via Satellite magazines. Market-leading shows include Satellite 2011, LDC Trade Forums, Electric Power, Energy Ocean, Offshore Communications and Managing Today's OR Suite tradeshows. Access Intelligence also produces executive conferences for the healthcare, PR, media, cable, energy and defense markets.
About Veronis Suhler Stevenson (VSS)
VSS is a private equity and mezzanine capital fund management company dedicated to investing in the information, education, media, communications and business services industries in North America and Europe. VSS provides capital for buyouts, recapitalizations, growth financings and strategic acquisitions to companies and management teams with a goal to build companies both organically and through a focused add-on acquisition program. To date, VSS equity and mezzanine funds have invested in 67 platform companies, which have in turn completed over 300 add-on acquisitions resulting in a portfolio with realized and unrealized enterprise values totaling over $14 billion.