Penton Completes Acquisition of Nation's Restaurant News
Penton Restaurant Group Formed
The new Penton Restaurant Group will be a powerhouse in the industry and include three offerings:
- Nation's Restaurant News: the readership is largely commercial decision-makers and headquarter-management. The brand includes the paid circulation magazine, the website, www.nrn.com, and a series of conferences.
- Restaurant Hospitality: the readership of this Penton property is focused on full service high volume independent restaurants. It includes a magazine and website, http://restaurant-hospitality.com.
- Food Management: the readership is management of the onsite foodservice industry and includes a magazine and website, http://food-management.com.
Penton's Restaurant Group will have offices in Penton's New York City headquarters, where NRN will be located, along with its Cleveland office, where both Restaurant Hospitality and Food Management are currently located.
About Penton Media
As a leading, independent, business-to-business media company, Penton knows business and how to create and disseminate the vital content that moves markets. Penton is where professionals turn to gain the critical insight, expert analysis, and relevant connections needed to compete and succeed. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its co-investors. For additional information on the company and its businesses, visit www.penton.com.