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Wicks Business Information Acquires Georgetown Publishing
For Release: July 27, 2000
Douglas J. Manoni, Wicks Business Information (203) 255-4990
Michelle S. Cox, Briefings Publishing Group (703) 518-2312
Wicks Business Information Acquires Georgetown Publishing
Alexandria, Virginia, July 27, 2000: Creating one of the largest newsletter publishing companies in the general management market, Wicks Business Information, LLC (Wicks) has acquired Georgetown Publishing House and Global Network, Inc. (Georgetown). The eight publications of Georgetown will join the Briefings Publishing Group (BPG) family of products. Terms of the contract, which was signed today in Washington, D.C., were not disclosed. Georgetown was owned by Dani Levinas with Norman Rentrop, a limited partner and 50% shareholder. Levinas will continue in a consulting capacity.
Georgetown publications cover such topics as leadership, employee retention, time management, business etiquette, public speaking, on-line marketing and business trends. The titles are: Trend Letter, American Speaker, The Organized Executive, What's Working Online, Leadership Strategies, Funny Business, Executive Advantage and Hiring the Best.
"I'm very pleased to acquire this excellent group of publications which provide Wicks with an extremely powerful and well focused newsletter publishing group. The strategic opportunities and leverage that surround this group are enormous," said Doug Manoni, Wicks President and CEO.
"We are thrilled with the talent and expertise we gain from this acquisition. The Georgetown publications are well known and valued throughout the business community. Our combined editorial content has significant potential for expansion into the electronic marketplace. This represents an important element of our strategy," said Michelle Cox, Wicks Executive Vice President and Publisher of BPG.
Briefings Publishing Group, Alexandria, VA, publishes four prominent newsletters for business professionals. Topics include: motivating for peak productivity, increasing job satisfaction and teamwork, effective communication and increasing sales. Briefings titles include: Communication Briefings, Fred Pryor's Manager's Edge, Team Management Briefings and The Competitive Advantage, as well as more than 50 books and videos.
Wicks Business Information, an affiliate of The Wicks Group of Companies, L.L.C., was recently named in the top 40 fastest growing information companies by Folio: magazine. Wicks is concentrating on growth by acquisition and development of business magazines, newsletters, conferences, trade shows, internet services and specialized information products serving the general business, finance, and technology sectors. Other recent Wicks acquisitions include Treasury & Risk Management magazine and Dow Jones Financial Publishing, publisher of Investment Advisor magazine. The company is headquartered in Fairfield, CT. Additional information is available at www.wicksbusinessinfo.com.
The Wicks Group of Companies, L.L.C. is a New York-based private equity firm that invests in communications, information and media businesses.
Briefings Publishing Group
1101 King Street - Suite 110
Alexandria, VA 22314
Wicks Business Information, LLC
363 Reef Road
Fairfield, CT 06430 |
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