Endeavor Business Media this week announced the acquisition of the transportation-and-water-media portfolio of Scranton Gillette Communications, including Construction Equipment, Roads & Bridges, Storm Water Solutions, Water Quality Products, and Water and Wastes Digest.
These brands, Endeavor said in a press release, will strengthen the company’s position as a market leader in the transportation, water and wastewater industries and expand its audience reach and customer offerings in these key markets.
Collectively, the water brands serve more than 163,000 print and digital readers and Construction Equipment and Roads & Bridges reach 178,000 readers.
The M&A firm Corporate Solutions, based in Westport, Connecticut, was the exclusive advisor to Scranton Gillette Communications in arranging, structuring and negotiating this transaction.
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It’s the second acquisition for Endeavor this month alone, and its fifth of 2022. On April 4, the company announced the acquisition of Construction Business Media, publisher of Architectural Products and Architectural SSL magazines.
Endeavor, based in Nashville, Tennessee, was formed in late 2017 to acquire and operate trade publications, websites, events and marketing solutions. Today the company is one of the largest B2B media companies in the U.S., with more than 550 employees and a monthly audience of nearly 9 million readers.