NEW YORK — Beringer Capital, a private equity firm focused on digital media and marketing services, has acquired Adweek, a leading resource for news in media, marketing, and advertising. The acquisition from Mediabistro Holdings also includes the nine industry blogs in the Adweek Blog Network: AgencySpy, FishbowlNY, FishbowlDC, GalleyCat, LostRemote, PRNewser, SocialTimes, TVNewser and TVSpy.
Terms of the deal weren’t released. In 2014, Prometheus Global, owner of Adweek, purchased Mediabistro in 2014 for $8 million.
Following this acquisition, Beringer Capital will provide Adweek with the resources to expand its current editorial content, which is delivered online and across a weekly print magazine, mobile applications, daily newsletters, social media, original videos, events, and awards.