Middle-market private equity firm MidOcean Partners LP paid an undisclosed sum to purchase business-to-business information services provider Questex Intermediate Holdings Inc. from Shamrock Capital.
Questex CEO Kerry Gumas will be replaced by incoming Paul Miller, but Gumas will continue as a senior adviser to the company.
The new appointee has served as CEO of the UBM Technology Group, president of Penton's industry group and president of Informa PLC's industry and infrastructure intelligence group.
Gibson Dunn & Crutcher was legal adviser to MidOcean. Jefferies LLC was the financial adviser, and Kirkland & Ellis LLP was legal adviser, to Questex.