Active Interest Media acquires Home Buyer Publications.Active Interest Media (AIM; El Segundo, CA), a company formed in October 2003 with the backing of equity firm Wind Point Partners (Chicago, IL), has acquired Home Buyer Publications (Chantilly, VA), the publisher of special Interest consumer magazines Log Home Living and Timber Frame Home, and the trade title Building Systems Magazine. No terms of the deal were given. AIM was represented by Jordan, Edmiston Group, Inc. (New York). Building Systems Magazine is published six times a year for builders, architects, developers and real estate agents using of considering using building systems technologies in residential construction. Equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. for the acquisition was provided by Wind Point. AIM president and former Times Mirror Magazines ceo Efrem Zimbalist III said that "Home Buyer Publications is just the first acquisition on our way to building (AIM) as a highly valuable specialty publishing and information business." In October, AIM acquired the assets of specialty publisher Sabot Publishing, including Southwest Art, Vegetarian Times and Better Nutrition magazines as well as divisions Garlinghouse Company and Black Belt Communications. |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion