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.
Vibe Ventures , a portfolio company of Freeman Spogli & Co, has sold Vibe to Wicks
Transaction
JEGI CLARITY Represents Vibe Ventures In Sale Of Vibe To Wicks
Date:June 2006
Deal Type:Private Equity Exit
Role:Sell-side M&A
Sectors:
Digital Media and Content
Vibe Ventures has sold Vibe, the leading integrated media company serving the urban music and lifestyle category, to The Wicks Group of Companies, the New York-based private equity firm. The property will be overseen by Eric Gertler and Ari Horowitz, as CEO and President, respectively. The executives are principals of Keith Glen Media Corporation and recently oversaw BlackBook Media.
JEGI CLARITY represented Vibe Ventures in this transaction.
