Article: DLJ Merchant Banking Partners Announces USD 1.142 Billion Sale of Advanstar.(Company overview)

Exit Underscores History of Building Businesses in the Media Sector

NEW YORK -- DLJ Merchant Banking Partners ("DLJMB"), a private equity investment affiliate of Credit Suisse, announced today its sale of Advanstar Holdings Corp. to an investor group led by Veronis Suhler Stevenson in a transaction valued at USD 1.142 billion.

Advanstar Holdings Corp. is the holding company for Advanstar Communications Inc., a leading worldwide media company providing integrated marketing solutions for the Fashion & Licensing, Life Sciences, and Powersports industries. DLJMB acquired Advanstar in 2000.

"Advanstar is another example of the success that DLJ ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!