New York, August 22, 2013 — Berkery Noyes announced today that the firm represented Haymarket Media Inc. (“Haymarket”) in its sale of Compliance Week (“CW”) to The Wilmington Group (“Wilmington”). Terms of the transaction were not disclosed.
Compliance Week, established in 2002, focuses on regulatory and compliance issues related to financial reporting, regulatory enforcement, corporate governance, enterprise risk management, and related global issues, from consumer privacy to data management. Approximately 50% of Compliance Week’s revenue is derived from subscriptions, and a further 30% from conferences and events, including the flagship “Compliance Week’s Annual Compliance Conference” described as “the Davos of Compliance.” Just over 12% of Compliance Week’s turnover is generated outside of the US.
Berkery Noyes has been involved with many of the most notable transactions in the healthcare/life science, technology and information sectors involving both financial and strategic buyers and sellers.
Berkery Noyes acted as Haymarket Media Inc.’s exclusive financial advisor in its negotiations with Wilmington.
About Berkery Noyes
Berkery Noyes provides strategic mergers and acquisitions transaction advisory services, to middle-market healthcare, technology and information companies in the United States and internationally. The firm has advised many notable companies including Cengage in the sale of NetLearning to HealthcareSource, Exitcare in its sale to Elsevier, Therapeutic Research in its sale to Francisco Partners, HW Wilson in its sale to EBSCO and UpToDate in its sale to Wolters Kluwer. For more information, visit www.berkerynoyes.com.