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Sale of 25.1% of ngn – new generation network to Vogel Business Media
August 2010. Vogel Business Media (headquartered in Wurzburg, Germany) has acquired a 25.1% stake in ngn – new generation network GmbH. The publisher of specialist industry and trade media entered into this strategic partnership in order to enlarge the company’s marketing services portfolio and plans to increase its stake in ngn at a future date. ngn will remain an independently operating business and retain its current locations in Berlin, Nuremberg and Portland (Maine), USA. Corporate Finance Partners – now ACXIT Capital Partners – acted as the exclusive adviser to ngn.
ngn offers a wide service portfolio to the tradeshow and exhibition sector and develops online marketing portals for leading tradeshow organizers around the world. ngn’s team of 100 employees work with exhibition organizers as well as more than 70,000 exhibitors on generation and distribution of online trade fair marketing portals in more than 20 languages. Product development is a key strategic component for the company, supported by an annual budget of over EUR 1m.
„Vogel Business Media views itself as multimedia communication partner for the B2B sector with focus on the four business units Print, Online, Events and Services“, explains Stefan Ruehling, CEO of Vogel Business Media. „Our partnership with ngn enables us to broaden our solution platform for the trade show sector, an industry with a key role in B2B communication and one of our major customers. We can further extend the product portfolio of our Services business unit.“
„Vogel Business Media and their role as pioneer for innovative online portals as well as lead generation models have set benchmarks for the entire industry; we are looking forward to further growing our business with this strong partner“, explains ngn Managing Director Christoph Krueger. „The co-operation with Vogel allows us to offer even more valuable solutions including new product development and marketing to our clients. This is especially meaningful with regards to the accelerated innovation in the industry.“
About ngn – new generation network gmbh
For more than 10 years, key international trade show organizers have relied on ngn – new generation network gmbh to pioneer and execute profit-enhancing digital business models. ngn’s unrivalled depth of trade show industry experience, advanced digital solutions, and unprecedented client services provide organizers with an organic growth strategy to integrate their live events with digital, web-based media and secure their companies’ future prosperity and profitability. ngn’s innovative content-rich online platforms bring dynamic information, product representation, and interactive portal features to the vanguard of integrated marketing solutions for organizers and exhibitors.
Tradeshows worldwide have implemented ngn’s digital solutions and services including Messe Berlin, NürnbergMesse, Deutsche Messe AG, Messe Schweiz, BEA bern expo, English trade show organizer Montgomery/Reed, US trade show organizers United Fresh, IAEE and PennWell Corporation as well as SES from Singapore. (www.ngn-global.com)
About Vogel Business New Media
Vogel Business Media is a leading provider of specialist information in the core sectors of Industry, Automotive, Information Technology and Law/Economy/Tax. The portfolio comprises more than 100 printed publications and over 60 corresponding websites, with a lot of international activities. Since 2006 the company’s brand names can also be found on the internet in the form of innovative, digital information portals, giving rise to lead generation possibilities, partly in the form of business portals offering users a high level of efficiency. (www.vogel.de)
ACXIT Capital Partners is a leading independent corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, ACXIT offers its clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, equity/debt and strategic advisory. As an independent, privately owned firm we maintain offices and representations in Frankfurt, Berlin, Munich, Leipzig, Zurich, Hong Kong and New York, as well as strong alliances in France, China and India. (www.acxit.com)
ACXIT Capital Holding GmbH
Bockenheimer Landstraße 24
60323 Frankfurt am Main
Dr. Hartmut Vennen
Senior Managing Director, Strategic Communications
Park Tower | Bockenheimer Anlage 44
60322 Frankfurt am Main
Phone: +49 69 92037 137
Mobile: +49 160 895 5858