|[August 11, 2014]
Arlington Capital Partners Announces the Sale of Virgo Holdings to Informa plc
WASHINGTON --(Business Wire)--
Arlington Capital Partners today announced the sale of Virgo Holdings
("Virgo"), a leading integrated business-to-business information
services company, to Informa (News - Alert) plc.
Headquartered in Phoenix, Arizona, Virgo is focused on delivering
content within the fast-growing natural products, communications,
healthcare, and business solutions industries via live events,
electronic and print media products, and online platforms. Currently,
Virgo produces six trade shows and conferences, publishes nine trade
websites and six affiliated magazines, and operates online training and
accreditation programs as well as branded online stores.
"Since our acquisition of Virgo in 2008, we have worked closely with the
entire management team to accelerate the company's digital media
strategies, increase online revenues over 400%, and nearly double trade
show revenues. We are proud of the value we have built together over the
last six years for the company, its customers, its employees and our
investors and look forward to the team's continued success," said Perry
Steiner, a Managing Partner at Arlington Capital Partners.
John Siefert, CEO of Virgo, said, "Our sale to Informa presents a
tremendous opportunity for the combined companies to cntinue to
innovate and deliver value across our network and beyond. Through our
partnership with Arlington Capital, we have expanded our presence in a
number of exciting categories, providing a solid foundation from which
to build under Informa's ownership and global reach."
Malcolm Little, a Vice President at Arlington Capital Partners, added,
"It has been a pleasure working with the Virgo team and ultimately
arriving at this highly successful transaction. We congratulate
management and wish them, along with all of Virgo's employees, the best
in their new partnership with Informa."
The sale closed on August 8, 2014. Financial terms were not disclosed.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity
firm with $1.5 billion of committed capital focused on middle market
investment opportunities in growth industries including: business
services, software, aerospace/defense, government contracting, and
healthcare services. The firm's professionals and network have a unique
combination of operating and private equity experience that enables
Arlington to be a value-added investor. Arlington invests in companies
in partnership with high quality management teams that are motivated to
establish and/or advance their company's position as leading competitors
in their field. www.arlingtoncap.com
About Informa plc
Informa is one of the world's leading knowledge, networking and business
intelligence groups. It provides customers with unique, specialist
information that enhances knowledge and understanding, driving improved
decision making, and facilitates connections across communities and
geographies that drive transactions and trade. With a workforce of
approximately 7,000 people in over 150 offices across more than 40
countries, Informa is a truly global business. Within the Conference,
Training and Exhibitions markets, it is one the largest players,
producing more than 3,000 events across the world annually, including
leading brands such as Vitafoods, Arab Health, Broadband World Forum and
The Monaco Yacht Show.
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