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Private equity firm acquires Adweek


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Private equity firm acquires Adweek

Private equity firm BeringerCapital bought advertising, media and marketing publication Adweekfrom Mediabistro Holdings.

The sale includes Adweek'sindustry blogs like AgencySpy, FishbowlNY, FishbowlDC, GalleyCat, LostRemote, PRNewser,SocialTimes, TVNewser and TVSpy. Beringer said July18 that it will help Adweek expand its editorial content.

As part of the deal, Beringer Capital co-founder BrianMartin was appointed chairman of Adweek.Editorial Director James Cooper will continue to oversee Adweek's editorialexpertise and leadership.

Financial details of the deal were not disclosed.