Intrepid Advises BridgeTower Media on Its Acquisition of Virginia Business

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Intrepid Investment Bankers, a leading middle-market investment bank and the advisory arm of global financial group, MUFG, announced today that it acted as the buyside advisor to BridgeTower Media, a portfolio company of Transom Capital Group, on its acquisition of Virginia Business. BridgeTower Media is a leading business intelligence, marketing and event platform providing authoritative content and expert analysisTombstone Medium through its 40+ B2B media and research brands. BridgeTower Media celebrates professional and organizational success through its hosting of 200+ events across the country as well as its Best Companies Group. Virginia Business is the only publication dedicated to covering economic activity in every sector and every region of the state of Virginia. This strategic alliance allows BridgeTower Media to continue expanding its media footprint to encompass more growth markets and industries across the U.S. Intrepid was retained by BridgeTower Media to identify strategic acquisition candidates to strengthen their portfolio of B2B media and research brands tailored to business executives and professionals.

“It’s great to be able to add the core business audience in the nation’s best state for business to our growing portfolio,” said BridgeTower Media President and CEO, Hal Cohen. “We see an opportunity to accelerate the growth of Virginia Business — and of business in Virginia — by leveraging the power of BridgeTower Media’s audience platform and best-in-class capabilities. We look forward to delivering even more value to readers and advertisers in the years ahead.”

“It was a pleasure working with both the BridgeTower Media and Transom teams. Virginia Business will make a great addition to BridgeTower’s portfolio of leading B2B brands,” said Steve Nelson, Managing Director, Head of Financial Sponsor Coverage at Intrepid.

Transom Capital Group is an operations-focused private equity firm focused on investing in the middle market. The firm strives to create long-term value by partnering with established businesses and helping them navigate transformative growth. Transom’s functional pattern recognition, access to capital, and ARMORSM Value Creation Process combine with managements’ industry expertise to create improved operational efficiency, significant top-line growth, cultural transformation and overall distinctive outcomes. Transom is headquartered in Los Angeles, California.

Deal Team

Steven Nelson, Managing Director

Joseph Husband, Director

Chris Aguilar, Associate

Ellie Thomas, Analyst

Media Contact

Mike Monroe

About Intrepid’s Buy-Side Search Group

Intrepid’s Buy-Side Search Group specializes in working across a wide variety of industries with private equity sponsors, private equity-backed portfolio companies, and large corporate acquirers to execute their acquisition strategies. Our team combines the expertise of buy-side search specialists, Intrepid’s dedicated industry coverage groups, and the relentless execution and quality of a premier investment bank. We have access to relationships and resources worldwide as a member of global financial group MUFG, and in partnership with Oaklins, a global middle-market investment consortium.