E.Republic acquires 'Governing' magazine
By Sean Callahan
New York—E.Republic, publisher of Government Technology, announced last Friday that it has agreed to acquire Governing from Times Publishing Co., which owns the St. Petersburg Times.
Financial terms of the deal, which is expected to close after the Thanksgiving holiday, were not disclosed.
In addition to Governing, which has a circulation of 85,000 and reaches top state and local government officials, the deal includes the Governing Web site and the Public Official of the Year event.
Sacramento, Calif.-based e.Republic's products include Govtech.com, GTtv and Public CIO.
“Combined, the two organizations create the largest media firm providing news, research and analysis of the $2.9 trillion state and local government market,” Paul Harney, e.Republic's COO, said in a statement.
Times Publishing, which sold Congressional Quarterly earlier this year, was represented in the deal by media investment bank Jordan, Edmiston Group.