HTT Acquired by Sandow Media
-- Home Textiles Today, 3/22/2010 12:00:00 AM
New York —
Sandow Media announced last week that it has acquired Home Textiles Today and several of its sister publications from Reed Business Information.
In addition to HTT, the Boca Raton, Fla.-based publishing house acquired Interior Design magazine, Furniture Today, Gifts & Decorative Accessories, Casual Living, Home Accents Today, Kids Today and Playthings.
Founded in 2002, Sandow Media is a multi-channel, vertically integrated media company with luxury brands online and in print. It's brands include the beauty publication NewBeauty; Worth, the business and finance magazine for the ultra-affluent; Watch Journal; and Luxe Interiors + Design, a network of luxury home and design magazines.
With more than 285 employees nationwide, Sandow Media produces over 200 publications annually. Veronis Suhler Stevenson (VSS) is an investor in Sandow Media.
“This deal couldn't have come at a more perfect time as our nation's housing market begins to show signs of recovery,” said Kevin Castellani, vp and publishing director, for HTT, Furniture Today, Gifts & Decorative Accessories, Casual Living, Home Accents Today, Kids Today and Playthings.
“This is a rare opportunity for Sandow Media to acquire a group of industry-leading magazines and a very strong management team,” said Adam I. Sandow, chairman and CEO of Sandow Media. “These brands each have robust print, digital, event and research businesses and hold the category leader position in each of their respective markets.”
He added: “B-to-B media serves an incredibly important function to educate, inform and provoke its readers, and we take that responsibility seriously. It is our job to bring new innovation to these platforms, invest in the digital future and provide the management team with the ability to grow in new and exciting directions.”
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