The Seller

Ascend Media is a diversified business media company that owns and operates professional magazines and journals; organizes trade shows, conferences, and educational programs, and maintains online properties and databases serving the medical and healthcare industry. The company was formed and incorporated in 2002. Ascend Media is financially backed by CCMP Capital (formerly J.P. Morgan Partners) and Veronis Suhler Stevenson, and is headquartered in Overland Park, Kansas.

The Buyer

Red 7 Media, LLC is a privately-held media company which publishes magazines and newsletters, as well as produces conferences and trade shows. Its properties deliver content in print via market-leading business magazines, online via targeted web sites and e-newsletters, and in person at live events and trade shows. In addition, Red 7 Media offers a unique array of custom marketing and publishing solutions, including lead-generation services and consulting in the niche markets it serves.