Top achievements of 2007:
Suhler points to the private equity company’s $1.1 billion acquisition of Advanstar Communications in March, the largest transaction in the company’s history. “The way we make money is by finding appropriate add-on acquisitions,” he said. “By the time we sold Hanley Wood (in 2005), we had added 27 add-on acquisitions. “[Advanstar CEO] Joe Loggia and his team and our team are already evaluating about a half-dozen acquisition opportunities.”
Top priorities for 2008: “I’d like to find a b-to-b media opportunity in Europe,” Suhler said, adding he’d like to land a deal in the vein of VSS’ minority investment in London-based Schofield Media Group, which publishes 26 b-to-b magazines in the U.S. and U.K. “B-to-b media acquisitions will remain a core part of our business, as they have been since we started in the mid-1980s,” Suhler said.—M.S.