Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Hanley-Wood looks for buyer

Published on .

Washington, D.C. -- Hanley-Wood, publisher of Builder, Old-House Journal and other construction titles, announced it is for sale and has hired Morgan Stanley Dean Witter to find a buyer. The pending retirement of Chairman Michael Hanley prompted the decision to sell the company, which Mr. Hanley co-founded with CEO Michael Wood. Beyond its print publications, Hanley-Wood also publishes several online products, such as HBRnet, produces events such as Builder 100, and operates a custom publishing division. Roland DeSilva, managing partner of DeSilva & Phillips, a New York-based media investment banking firm, described Hanley-Wood as an attractive property. ``It's well-run, well-positioned, and the dominant company within the sectors that it services,'' he said.
Most Popular
In this article: