Haymarket Media, Inc. has acquired DMNews from Courtenay Communications Corp. Both companies are privately held and based in New York.
Haymarket Media is one of the fastest-growing media companies in the US and publishes a dozen magazines covering the marketing, public relations, medical, elderly care, and information securities businesses, each with a market-leading online platform. Its parent, Haymarket Media Group, is based in London.
DMNews magazine was launched by Adrian Courtenay in 1979 and now includes other print offerings, the DMNews.com Web site and six e-mail newsletters. The sale also included rights to iMarketingNews, a magazine that was published from 1999 to 2002.
JEGI CLARITY represented Courtenay in this transaction and acted as its exclusive financial advisor.