Press Release: Bobit Business Media Sells Security Titles to EH Publishing
Sale reinforces Bobit's market focus on fleet, ground transportation, law enforcement, and beauty.
Torrance, CA, November 4, 2013: Bobit Business Media announced the sale today of its Security Sales & Integration and Campus Safety media brands to Framingham, MA-based EH Publishing. Terms of the transaction were not disclosed.
EH Publishing is a leading multiple media provider of independent business and consumer content and information serving the consumer, commercial, and custom electronics, information technology, house of worship, pro audio, robotics and supply chain markets.
"It's a move that's as bittersweet for us as it is strategic. We really have enjoyed being in these two dynamic markets and we're proud of the roles the publications play in public safety. And the team is topnotch: experienced and well-known experts in their field," said Bobit Business Media CEO Ty Bobit. "But our management team is committed to a market focus strategy where we continue to grow and add value primarily in our core markets. Our organic growth, our continued expansion into digital media, as well as our recent targeted acquisitions keep us on a very favorable path," said Bobit.
"EH Publishing is a high-quality company, positioned very well to help both Security Sales & Integration and Campus Safety continue to grow and prosper, at perhaps an even accelerated rate. As we exit the physical security market, I want to thank the SSI and CS staff, our faithful subscribers, and our many long time and loyal advertisers."
Atwood Capital Partners (New York, NY) represented Bobit in the transaction.