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Former RBI publishers buy shuttered construction and building titles

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Radnor, Pa.—MB Media announced Monday the acquisition of Construction Equipment, Professional Builder and a host of other brands in what was Reed Business Information's construction media group. Reed Elsevier shut down the brands as part of its closing of 23 print properties last month.

In addition to Construction Equipment and Professional Builder, MB Media also acquired Building Design+Construction, Construction Bulletin, Custom Builder, Housing Giants, Professional Remodeler, SpecCheck, BDCnetwork.com, ConstructionEquipment.com, HousingZone.com, LogInAndLearn.com and VisibleCity.com.

MB Media's management team includes two former RBI publishers: Tony Mancini, who will be CEO of the new company, and Rick Blesi, who will be president.

“The support from both our reader and advertiser communities has been incredible. Our close and unique relationship with our subscribers will remain paramount to us as we work with the industry on its way to recovery,” Mancini said in a statement, adding: “The market will feel an entrepreneurial spirit that has been missing from construction media companies. We are going to be fast, nimble, open and committed to the success of this market.”

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