Private equity firm Owner Resource Group LLC has acquired Advantage Business Media (ABM) from Catalyst Investors.
ABM is a digital marketing and information services company that provides editorial content to science, design, manufacturing and communications professionals. The company delivers content through daily e-newsletters, branded websites, webcasts, videos, white papers, print media, conferences and live events. Publications include Electronic Component News, Manufacturing Business Technology, Product Design & Development and Wireless Week. Terms of the deal were not disclosed.
Austin-based Owner Resource is a PE firm that invests in companies that have more than $15 million in revenue.
Catalyst acquired ABM from PE firm Reed Elsevier in 2006. During the firm’s ownership, ABM increased digital revenue from about 11 percent of its income, to almost 50 percent. Catalyst is currently invested in the Reputation Institute, which it grabbed a minority stake in last May, as well as Alert Solutions and InSite Wireless Group LLC. The firm closed a $213 million fund in August 2012.