BridgeTower Media, which owns business newspapers across the country, has acquired the Progressive Business Media, parent company of trade publications Furniture Today, Home Accents Today, Designers Today, Casual Living, Exterior Design, Gifts and Decorative Accessories, HFN, and Home Textiles Today.
Terms were not disclosed.
The deal is BridgeTower Media’s fifth acquisition since 2016. It also owns Long Island Business News, New Orleans CityBusiness, Arizona Capitol Times, the Daily Journal of Commerce in Oregon, Finance & Commerce in Minnesota, and the Idaho Business Review. Last year, it acquired Charleston Regional Business Journal, the Columbia Regional Business Report and the GSA Business Report.
“Our businesses have a shared mission to connect and inform the business communities that we serve,” said BridgeTower CEO Adam Reinebach in a statement. “We’re excited to add PBM’s expertise in home furnishings and gifts to our team and are looking forward to leveraging our B2B marketing capabilities to provide additional solutions for subscribers and clients alike.”
BridgeTower Media, is part of Gatehouse Media, a newspaper company that owns more than 100 newspapers across the country. BridgeTower Media is the subsidiary that operates Gatehouse’s business publications.
