Owner Resource Group Acquires Advantage Business Media

Austin, Texas: Owner Resource Group, LLC (“ORG”) announced today that it has acquired Advantage Business Media (“ABM” or the “Company”).

With a 40-year legacy, ABM is a full-service digital marketing and information services company providing up-to-the-minute, targeted and relevant editorial content to professionals across the science, design, manufacturing and communication markets. ABM delivers its content through a wide range of media solutions, including daily e-newsletters, branded websites, webcasts, videos, white papers, print media, conferences and live events. The Company’s talented and dedicated employees maintain a portfolio that includes 24 highly regarded, industry-focused brands including Industrial Distribution, Electronic Component News, Product Design & Development, Forensic Magazine, Laboratory Equipment, IMPO (Industrial Maintenance and Plant Operation), Manufacturing.net, Wireless Week, and the TurnKey Conference among others.

ABM COO and CFO Terry Freeburg, who will remain in her current role, noted that the partnership between ABM and ORG will further strengthen and support the long-term success of the Company, adding, “We are excited to partner with ORG. They have a strong record of working side by side with management to create long-term value for all stakeholders.”

Jonathan Gormin, Managing Director of Owner Resource Group added, “ABM is a leader in their industry. We are proud to support the Company and its employees as they continue to provide relevant and valuable information to their audience and serve the Company’s outstanding customers. In addition to being a great investment, we view this acquisition as strategic to our ability to build relationships in the industries in which we invest – relationships that will ultimately bring value to all of our partner companies.”

The transaction closed on January 31, 2014. Terms were not disclosed. Texas Capital Bank provided the senior financing and PNC Erieview Capital provided the subordinated debt financing.

About Owner Resource Group, LLC:

Owner Resource Group is an Austin, Texas based private investment firm founded to bring superior outcomes to privately held businesses. We make investments that enable business owners and management teams to pursue their objectives and accelerate the growth of their companies in a disciplined manner. We appreciate an owner’s need for fairness, certainty, flexibility and confidentiality when considering a transaction. After a transaction, our philosophy is to align our interests with management to support the existing culture and the continued growth of the business.

We can be most helpful to businesses with annual revenue greater than $15 million and the following aspirations:
» Business owners hoping to achieve a full or partial exit
» Businesses looking to expand their capabilities, offerings or geographic reach (through organic growth or by acquisition)
» Management teams that would like to establish or increase their ownership in a business

For additional information, please visit www.orgroup.com or contact Will Burnett (wburnett@orgroup.com or 512-505-4180).