Adweek Acquired By PE Firm Shamrock Capital (foliomag.com)

Adweek has been sold from one private equity firm to another.

The advertising industry publication, which marked its 40th anniversary last year, has been acquired by Los Angeles-based private equity firm Shamrock Capital Advisers, both parties announced Tuesday morning.

The seller, Toronto-based PE firm Beringer Capital, had owned Adweek for the past four years, acquiring it in July 2016, about six months after the breakup of its former parent company, Prometheus Global Media, by then-owner Guggenheim Partners.
more at source: https://www.foliomag.com/adweek-acquired-pe-firm-shamrock-capital/

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