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.