Chatsworth, Calif.—1105 Media plans to acquire Contingency Planning and Management Group from MCG Capital Corp., BtoB has learned.
Financial terms of the deal were not disclosed.
The deal marks the first acquisition since 1105 Media was created earlier this year when veteran b-to-b media executive Neal Vitale, backed by private equity firms Nautic Partners and Alta Communications, bought 101communications and Stevens Publishing.
“This is the opening salvo,” said Vitale, president-CEO of 1105 Media and former president-CEO of Variety, adding that he expects the deal to close by the end of the year. “We have other deals in the works to keep our pages filled.”
Vitale said CPM Group dovetails with 1105 Media’s security and government properties, such as Federal Computer Week, Occupational Health and Security and Security Products.
Lambertville, N.J.-based Contingency Planning owns several products, including two conferences: CPM West and CPM East. The 2007 CPM West conference will take place in Las Vegas; the site of CPM East has yet to be announced. CPM also produces two monthly e-newsletters that each go to 30,000 subscribers. “Industry Insider” runs feature articles and information about new product releases, while “Global Assurance” provides news coverage of the contingency-planning business. Its Web site, www.contigencyplanning.com, is updated daily.
CPM also publishes “CPM Dictionary,” a book that focuses on managing business continuity.