Press Release: Penton Acquires iNET Interactive, a Leading Event and Digital Information Company Serving the Cloud, Hosting, and Data Center Segments
SunTrust Robinson Humphrey acted as exclusive financial advisor to iNET Interactive. The financial terms of the transaction were not disclosed.
Penton drives performance for more than sixteen million professionals each and every day. They rely on us to deliver: insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services to advance their business performance & deliver ROI.
Penton is a growth company with a track-record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.
For additional information on the company and its businesses, visit www.penton.com.
About iNET Interactive
Founded in 2002, iNET Interactive (www.iNETinteractive.com) serves special interest communities in fast growing technology segments through prominent events and digital information products. The company is based in West Chester, OH.