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101COMMUNICATIONS
OVERVIEW
101communications is a specialized business-to-business publisher. It provides newsletters, magazines, trade seminars and online content that targets information technology professionals and the IT vendors who market to them.
CEO1ST PARTNER(S)
Jeff Klein, President and CEO, had nearly twenty years of experience in media and related businesses. He was a senior executive with the Los Angeles Times and Times Mirror, and was also President and CEO of California Community News Corp. Curt Hessler, Chairman, had considerable experience in both IT and publishing as EVP of Times Mirror.
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STATUS
Initial investment 1998 to fund company formation and acquisitions
Made ten acquisitions, building a portfolio of properties offering a “single source” solution to advertisers, while allowing the company to share circulation and editorial talent
Sold to another private equity firm in 2006
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