Stagnito Business Information has bought several Canadian conferences and tradeshows from Fulcrum Media Inc, a specialist in data analytics, promotions, and consumer media based in Toronto. The events acquired include Pharmacy U, The Convenience U Carwacs Show, Le Salon Dépanneurs, Épicuries & Cie and The Canadian Coffee & Tea Show. The financial terms of the deal were not published. Stagnito, a U.S. media and information services company focused on the grocery and convenience store industries, is backed by U.S. private equity firm Topspin Partners. Topspin acquired the business in November 2011.
Stagnito Business Information Acquires Convenience, Foodservice, Pharmacy, and Other Canadian B-to-B Media Brands from Fulcrum Media
Stagnito Business Information announced today that it has purchased multiple Canadian conferences and tradeshows, including Pharmacy U, The Convenience U, Carwacs Show, Le Salon Dépanneurs – Épicuries & Cie, and The Canadian Coffee & Tea Show, from Canada’s Fulcrum Media.
Deerfield, Illinois (PRWEB) February 13, 2015
Stagnito Business Information is America’s fastest growing integrated information and media company focusing on the CPG retail market, and this acquisition strengthens the company’s position on several fronts in that business sector.
“With research, information services, media, and event assets, Stagnito is the U.S. retail industry’s most complete provider of business intelligence and strategic marketing programs. These Canadian brands bring capabilities that fit perfectly with our mission,” said Harry Stagnito, President/CEO. “Convenience Store News is a leading b-to-b resource for retailers and suppliers. Adding two major c-store media brands – plus Canada’s largest c-store tradeshow – extends our leadership position even further and allows us to bring our audiences and customers greatly enhanced information and marketing opportunities throughout North America.”
Foodservice is becoming increasingly integrated into c-store, grocery, and other retail formats. Your Foodservice Manager, The Canadian Coffee & Tea Show, and Le Salon Dépanneurs – Épicuries & Cie bring strategic information and resources to Stagnito’s growing base of constituents who have a vested interest in enhancing their foodservice operations, merchandising, and marketing.
Drug store retailers access many of Stagnito Business Information’s assets. With the acquisition of the Pharmacy Business publication and website, and the Pharmacy U conferences, Stagnito has the ability to increase its presence in that growing retail space.
“Since its founding in 1996, Fulcrum Media has dedicated itself to building a quality business in the convenience, pharmacy, and foodservice markets,” said founder Alan Fogel. “It is clear that this is a good fit for Stagnito, and we’re confident that the brands we developed are in good hands.”
General Manager and Partner, Russell Hoffman added, “In less than 20 years we’ve established a leadership position in b-to-b media, and it’s good to know our b-to-b brands will continue to thrive.”
Stagnito Business Information operates research, information services, media, and events divisions that encompass a brand portfolio dedicated to the CPG retail marketplace. The company’s leading brands include Progressive Grocer, Convenience Store News, Store Brands, The Gourmet Retailer, Retail Leader, and Multicultural Retail 360. Stagnito also produces top-tier retail industry events, such as the Store Brands Innovation & Marketing Summit and the Multicultural Retail 360 Summit.
Fulcrum Media is a Canadian media company with offices in Toronto and Vancouver specializing in data analytics, promotions, and consumer media. Fulcrum is the owner of leading consumer brands such as the EAT! Vancouver Food and Cooking Festival and Flavours Magazine.
Stagnito Business Information is a portfolio company of Topspin Partners. Topspin Partners is a suburban NY-based private equity fund that makes control investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including business and information services, health and wellness, leisure, food and beverage and security. The Topspin team has considerable operational expertise and collaborates with management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at http://www.topspinpartners.com.
For additional information, please contact:
Corporate Marketing Director
Stagnito Business Information
416-504-0504 ext. 108
Photo courtesy of Fulcrum Media Inc