Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.
Commonwealth Business Media has been sold to United Business Media
Transaction
JEGI CLARITY Represents Commonwealth Business Media In Sale To UBM
Date:July 2006
Deal Type:Founder Sale
Role:Sell-side M&A
Sectors:
B2B Information and Events
Events and Conferences
Insights Data and Analytics
Commonwealth Business Media, the premier provider of business intelligence for the international trade and transportation industry, has been sold to United Business Media, a leading global business information company, for a cash consideration of $152 million. The acquisition provides UBM with a strong position in a new vertical market, as Commonwealth has an established portfolio of highly regarded integrated media products and proprietary business information databases.
JEGI CLARITY represented Commonwealth in this transaction.
