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June acquisitions bustin' out all over.

Publication: The Newsletter on Newsletters
Publication Date: 07-JUL-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: June acquisitions bustin' out all over.(McMurry Inc. acquires Redspring Communications Inc.)(LRP Publications Inc. acquires six newsletters from Brownstone Publishers Inc.)(Elsevier Inc.'s Health Sciences division acquires Gold Standard)

Article Excerpt
Following a period of relatively lackadaisical activity, mergers and acquisitions in the newsletter and specialized-information industry blossomed this past month. Here are seven deals worth noting.

LRP buys Brownstone unit

LRP Publications Inc., a newsletter, magazine and book publisher based in Palm Beach Gardens, Florida, acquired six newsletters and loose-leaf products in the field of education administration from Brownstone Publishers Inc., New York City. Both companies are privately held.

The newsletters include School Superintendent's Insider, No Child Left Behind Compliance Insider, and the IEP Team Trainer. Their acquisition brings LRP's titles to about three dozen, enabling "LRP to offer more print and online education administration resources than any other publisher in the market," said Ken Kahn, LRP's CEO.

Eugene Simonoff & Associates of New York City represented Brownstone in the transaction, the terms of which were not disclosed.

The deal effectively ends Brownstone's long tenure as a newsletter publisher. It sold its real estate line in 2004 to the Vendome Group, its health care line also in 2004 to HCPro, and now...

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