Advantage Business Media LLC (ABM) is a private, American digital marketing and information services company owned by the venture capital firm Owner Resource Group. The company was founded in 2006 and is based in Rockaway, New Jersey (United States).
Video Advantage Business Media
Business model
In the period between 2006 and 2014, the company transitioned from print-centric to digital media, increasing digital revenues from 11% to 50% of total revenues. The company's growth during this period has come from both "organic" growth and strategic acquisitions.
Among the company's vertical market alignments is the manufacturing sector.
The company supports a youth education competition, the Advantage Business Media Young Mind Awards, focused on innovative uses of wireless technology; it is unclear whether 2015 is the first year of competition or not.
Maps Advantage Business Media
Corporate governance
As of 2014, Jim Lonergan was brought in as CEO after the departure of Richard Reiff. Richard Reiff left in March 2014.
Other officers who left the company include George Fox (2014) who was company president and Don Grennan (2016) as vice president for publishing services.Theresa Freeburg remains as chief financial officer and chief operating officer.
History
In 2006, Rich Reiff and George Fox purchased several publications from Reed Business Information with the backing of private equity provided by Catalyst Investors. Catalyst sold ABM to Owner Resource Group in 2014.
In 2011, ABM acquired Continuity Insights and Vicon Publishing; this was followed in 2013 by acquisition of eMedia Vitals. Vicon Publishing was renamed by ABM to Vicon Business Media and instantiated as a subsidiary organization. Vicon operates out of New Hampshire, United States.
In 2014, Lonergan was brought in by investment firm ORG (Owners Resource Group). In 2017, ABM Science Brands, once a flagship of the company, were listed for sale.
Titles published by ABM
As of 2011, ABM published 19 titles.
Publication titles and ISO 4 abbreviations are listed
- Bioscience Technology (Biosci. Technol.)
- CED
- Chem.Info
- Chromatography Techniques (No longer an ABM brand)
- Drug Discovery & Development (Drug Discov. Dev.) aka DDD Mag.
- Electronic Component News (Electron. Compon. News) aka ECN
- Food Manufacturing (Food Manuf.)
- Industrial Distribution (Ind. Distrib.)
- Industrial Maintenance & Plant Operations (Ind. Maint. Plant Oper.)
- Laboratory Design (Lab. Des.)
- Laboratory Equipment (Lab. Equip.)
- Manufacturing Business Technology (Manuf. Bus. Technol.)
- Medical Design Technology (Med. Des. Technol.)
- Pharmaceutical Processing (Pharma. Process.)
- Product Design & Development (Prod. Des. Dev.)
- R&D Magazine (R&D Mag.)
- Scientific Computing (Sci. Comput.)
- Wireless Week (Wirel. Week)
Acquired via Vicon
- Controlled Environments Magazine (Control. Environ. Mag.)
- ALN Magazine (ALN Mag.)
- ALN World (ALN World)
- Forensic Magazine (Forensic Mag.)
- DFI News Digital Forensic Investigator (No longer published)
References
Source of article : Wikipedia
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