Hearst Magazines Buys Minority Stake In ‘Gear Patrol’

Hearst Magazines has acquired a minority stake in Gear Patrol, an enthusiast men’s brand focused on products and stories about the outdoors, fitness, style, tech, cars and travel. Gear Patrol, which launched in 2007, reaches over 2 million readers monthly. The brand has a website, biannual print publication, advertising, branded content and events.

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Fitch Group Becomes a Wholly-Owned Hearst Business

Press release: NEW YORK, April 12, 2018 – Hearst announced today that it has purchased from Fimalac S.A. an additional 20 percent interest in global financial information services company Fitch Group, bringing Hearst’s equity interest to 100 percent. The transaction is valued at $2.8 billion. Hearst acquired its original interest in Fitch Group in 2006, and increased its holdings to 80 percent in 2015.

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Hearst has agreed to acquire Gruner + Jahr Netherlands

Hearst has agreed to acquire Gruner + Jahr Media Netherlands, which publishes print and digital editions of media brands including Glamour, Vogue, JAN, Designer Vintage, National Geographic and Quest as well as custom content activities. The brands and all other activities will become part of Hearst Magazines and will be published through Hearst Netherlands, which reaches an audience of 5.5 million through brands such as Cosmopolitan

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Hearst Acquires Aviation Service CAMP

Hearst has acquired CAMP Systems International Inc. in its latest move toward diversification in the information and data sectors. CAMP was acquired from GTCR, a private equity firm, for around $2 billion, according to sources familiar with the situation. The exact sum was not disclosed

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How daily newspapers can win after all

Flashes&Flames: Murdoch might cast envious eyes at the 129-year-old, family-owned Hearst Corporation which has built an unrivalled multi-media business, not least by investing widely in long-term partnerships and joint ventures. Last year, Hearst increased its revenue by 6% to almost $11bn in what was the fifth consecutive year of record revenue and profits. Its revenue […]

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Hearst Business Media Acquires SaaS Provider MedHOK

Hearst has acquired a majority stake in MedHOK, Inc., a Tampa-based startup and software-as-a-service provider to the healthcare industry, the company announced yesterday. Terms of the deal were not disclosed, but upon the deal’s anticipated completion this summer, MedHOK will join Hearst Business Media’s healthcare information solutions group, which includes the companies FDB, Zynx Health, MCG, and Homecare Homebase.

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Hearst and Verizon acquire Complex

Publishers are scrambling quickly to launch Millennial content hubs, but Hearst is opting for the turnkey approach. The company announced that it’s extending its partnership with telecommunications giant Verizon to acquire Complex and its massive Millennial video audience

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