PALM BEACH GARDENS, Fla. — APRIL 30, 2018 – LRP Conferences, LLC organizer of the Future of Education Technology Conference (FETC), the nation’s largest, independent ed tech event, today announced the acquisition of District Administration magazine, District Administration Leadership Institute® events, plus other widely respected print, digital and video content from Professional Media Group, LLC. Building on FETC’s 40 years of commitment to deliver unparalleled education conferences, resources and tools, the complementary offerings of each company will enhance FETC’s high-quality content for K12 leaders, build additional networking opportunities for school administrators around the country, plus deliver compelling leadership experiences to educators in a variety of new ways.
“The acquisition of this stellar collection of businesses will not only expand our portfolio of education publications, events and branded content but it reflects the actions we’re taking to meet high-level K12 decision-makers need for a rich assortment of compelling, accessible and personalized premier events and resources,” said Kenneth Kahn, President and Chief Executive Officer, LRP. “We’re not only pleased to incorporate these products into increasing FETC’s targeted leadership sessions and workshops in various areas including the Future of Ed Tech Administrative track, but also look forward to growing District Administration magazine and District Administration Leadership Institute® to continuously meet the increasing needs of our attendees and customers.”
In addition to increasing the company’s offerings, the purchase will position FETC and LRP to better fulfill the essential needs of the education community by substantially expanding its accessibility and reach. According to Magazine Readership Trends by Martin Akel & Associates, one of the newly purchased assets, District Administration has more than 200,000 print and digital subscribers, including superintendent and top management teams in virtually every school district in the United States, making the magazine the most widely received and regularly read publication for school district leaders nationwide in print and digital publishing.
“District Administration has always been about one thing: school district leadership. I look forward to bringing our superb content and offerings to LRP and FETC to unlock even more value for customers as they continue to set the pace in an expanding and dynamic industry,” said Dan Kinnaman, President, Professional Media Group, LLC.
LRP will keep the staff of Professional Media Group, LLC.
“When considering this strategic acquisition, it was important to retain the Professional Media Group team because of the proven leadership required to successfully complete and integrate such a massive, undertaking,” said Robert Avossa, Senior Vice President and Publisher of Education Products, LRP Publications and LRP Conferences, LLC. “We believe that retaining the staff is in the best interests of our customers and will be critical to our ability to effectively drive long-term value from this acquisition.”
Avossa, a former superintendent of one of the nation’s largest public-school districts, will manage the newly acquired education assets in addition to FETC.
The investment bank of Oaklins DeSilva + Phillips represented Professional Media Group in the transaction.
For all media inquiries, please contact Rennette Fortune at 561-622-6520 ext. 8674 or firstname.lastname@example.org.
About LRP Publications
LRP Publications, founded in 1977 by Kenneth Kahn, is an innovative media giant serving millions of business and education professionals worldwide. Specializing in education administration, education law, education technology, federal employment, human resources, workers’ compensation and disability, LRP publishes thousands of books, pamphlets, newsletters, videos and online resources. The publisher also produces three industry-leading print and digital magazines for key corporate decision-makers: Human Resources Executive®, HRM Asia and Risk & Insurance®. Additionally, LRP annually delivers top-quality training and professional development to more than 80,000 professionals through its 13 award-winning conferences and tradeshows in China, Singapore and the United States. LRP currently employs more than 500 professionals in its Connecticut, Florida, Pennsylvania, Singapore and Washington, D.C. offices. Headquartered in Palm Beach County since 1996, the company has more than $70 million in annual revenue. For a complete list of LRP resources, eCourses and conferences, please visit www.lrp.com.
About LRP Conferences, LLC
LRP Conferences, LLC, produces professional conferences and annual trade shows including: Future of Education Technology Conference, National Ergonomics Conference & ErgoExpo, Recruiting Trends & Talent Tech and more. For more information, please visit www.lrp.com.
About Professional Media Group, LLC
Professional Media Group, LLC, an education media and conference company committed to serving K12 and higher education leaders through print, digital and video content and in-person events, publishes District Administration magazine and produces a series of Superintendents Summits through the District Administration Leadership Institute®. For college and university leaders, Professional Media Group also publishes University Business magazine and produces UBTech, an annual higher education technology leadership conference and trade show as well as Higher Education Leadership Summits.
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