ALM Announces New Operating Structure, Rebranding
NEW YORK-(Business Wire)-September 8, 2009 - ALM, formerly the U.S. operating unit of Incisive Media, today officially announced its new operating structure and name. Effective today, the assets Incisive Media purchased through the acquisition of ALM in 2007 will become a separately structured, independent company operating once again under the ALM brand, pending regulatory approval. ALM will continue to be majority-owned by funds advised by Apax Partners. Royal Bank of Scotland will swap a portion of its existing ALM debt for a 49% equity stake in the company and become a minority owner of ALM.
Following a transition period, ALM will no longer share operations or infrastructure with Incisive Media, although the two companies expect to continue to collaborate on content sharing.
William L. Pollak will continue to serve as president and CEO of ALM. The senior management team of the company will remain unchanged.
ALM, an integrated media company, is a leading provider of specialized business news and information, focused primarily on the legal and commercial real estate sectors. ALM’s market-leading brands include The American Lawyer, Corporate Counsel, GlobeSt.com, Insight Conferences, Law.com, Law Journal Press, LegalTech, The National Law Journal and Real Estate Forum. Headquartered in New York City, ALM was formed in 1997. For more information, visit www.alm.com.
ALM, The American Lawyer, Corporate Counsel, GlobeSt.com, Insight Conferences, Law.com, Law Journal Press, LegalTech, The National Law Journal and Real Estate Forum are trademarks or registered trademarks of ALM Media Properties, LLC or affiliated entities.
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