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Thursday, June 21, 2007
CONTACT:
Diane Schwartz: dschwartz@accessintel.com
www.accessintel.com
FOR IMMEDIATE RELEASE
ROCKVILLE, MD, June 21, 2007 – In its fourth acquisition in 14 months, integrated media company Access Intelligence, LLC announced today the purchase of the Houston-based TradeFair Group, owned by partners Sean Guerre and David I. Johnson.
The TradeFair Group assets expand Access Intelligence’s energy portfolio and further solidify its leadership position in the energy marketplace. Previous acquisitions include The Energy Daily, the LDC Forums and the DaratechPLANT tradeshow. Terms of the deal were not disclosed.
The acquisition marks Access Intelligence’s continued investment in energy while providing the competencies, infrastructure and management to become a major tradeshow owner/operator. Don Pazour, president and CEO of Access Intelligence, said: “The acquisition of the TradeFair Group is a transformational event for Access Intelligence. The ability to round out our position in the energy market with both tradeshows and magazines is underpinned by the tradeshow infrastructure we acquire with TradeFair Group. I am particularly pleased to have a tradeshow executive of Sean’s stature join our management team.”
The TradeFair Group owns POWER magazine and a series of tradeshows and conferences including Electric Power, Clean Gulf, Clean Atlantic and Clean Pacific, as well as the Industrial Fire, Safety and Security tradeshow. Sean Guerre will continue in his role as President of the TradeFair Group, which will assume management responsibility of both the LDC Forums and DaratechPLANT events. Guerre, widely recognized as one of the top tradeshow executives in the U.S, brings his considerable talents to Access Intelligence, providing tradeshow infrastructure and best practices across Access Intelligence events. David Johnson will continue with Access Intelligence in a consulting capacity, identifying emerging market opportunities and assessing energy marketplace needs.
“The TradeFair Group team is very excited about joining with Access Intelligence to create an even more valuable set of resources for our clients in the energy industry. The combination of TradeFair Group’s highly regarded team with the added assets provided by Access Intelligence, such as The LDC Forums and DaratechPLANT events is a powerful combination.” said Guerre.
The TradeFair Group joins Access Intelligence’s growing energy group, under the leadership of Division President Heather Farley. “I’m thrilled to work with Sean and the TradeFair Group team as we continue to build Access Intelligence’s presence as a preeminent tradeshow provider,” said Farley. “Our collective excitement now is leveraging the deep market knowledge and industry relationships from our combined energy and chemical industry assets to become the dominant information and services provider in these markets.”
About Access Intelligence
Access Intelligence (www.accessintel.com), a portfolio company of Veronis Suhler Stevenson, is a b-to-b media and information company headquartered in Rockville, Md., serving the energy, chemical, defense, aerospace and communications markets. Leading brands include The Energy Daily, Defense Daily, CableFAX, PR News and Media Industry Newsletters; ChemicalWeek, Chemical Engineering and Via Satellite magazines; the Chemical Economics Handbook and Process Economics Program research databases; and DaratechPLANT and LDC Forum events. Access Intelligence also produces the leading tradeshow for satellite executives and executive conferences for the chemicals market.
To schedule a media interview with Don Pazour, contact Michelle Levy at 301-354-1511 or mlevy@accessintel.com
About Veronis Suhler Stevenson (VSS)
Veronis Suhler Stevenson (www.vss.com) is a private equity firm that invests buyout and structured capital funds in the media, communications, information and education 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 structured capital funds have invested in over 50 platform companies, which have in turn completed over 220 add-on acquisitions resulting in a portfolio with realized and unrealized enterprise values in excess of $12 billion. For addition information: www.vss.com.
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