JEGI CLARITY has advised LRP Media Group on the sale of its HR Tech and Ed Tech B2B event and digital media portfolios to Arc, backed by investment funds managed by EagleTree Capital.
LRP Media Group, founded in 1977, is an innovative media giant serving millions of business and education professionals worldwide. The company specializes in education administration, education law, education technology, federal employment, and human resources. The HR Tech and Ed Tech portfolios include nine best-in-class brands. They provide a diverse range of engagement solutions for facilitating networking and business growth. Professionals are brought together through content platforms and networking events, like HR Technology Conference and Expo, Future of Education Technology Conference, HR Executive, District Administration and University Business.
The acquisition will be the sixth and largest acquisition for Arc in the fourteen months since inception and will add substantial scale to the overall Arc platform. The assets will also significantly expand the Arc network in the US, creating a robust complement to Arc’s European business. The HR Tech and Ed Tech portfolios reflect Arc’s strategy to connect business communities wherever, whenever, and however they need.
Given their sector expertise and track record, JEGI CLARITY was the only choice for us when we decided our succession plan included finding the right strategic owner for our premiere events and media in HR Tech and Ed Tech. The team helped us select, from a number of highly qualified companies, the most ideal home for our team and the business. This was a significant transaction for our company and the JEGI CLARITY team shepherded us through every step with knowledge and professionalism and achieved an outstanding outcome for us all.
Kenneth Kahn, President & Founder, LRP Media Group