District Administration and University Business Magazines plus Leadership Institutes Among Assets Acquired by Palm Beach Gardens Based Media Company
PALM BEACH GARDENS, FL – April 30, 2018 – LRP Conferences, LLC, a business unit of LRP Publications, a diversified media publishing powerhouse and well-respected frontrunner in the education and human resources markets based in Palm Beach Gardens, Fla., today announced the acquisition of education media and conference company, Professional Media Group, LLC. Dr. Robert Avossa, the former Palm Beach County Superintendent, will manage the acquired assets. With Avossa’s leadership and experience, the purchase will expand LRP’s education expertise to provide more high-quality content for education leaders, broaden leadership networking opportunities around the country, plus deliver compelling leadership experiences to educators in a variety of new ways.
Avossa is LRP’s Senior Vice President and Publisher of Education Products and will oversee: District Administration, the leading magazine and digital media platform for senior decision-makers in the K12 market; District Administration Leadership Institute®, cutting-edge leadership development events for superintendents and other senior education executives in K12 education; UBTech, the most powerful IT leadership event in higher education; University Business, the cutting-edge publication providing education news for C-level executives at every college and university; Higher Education Leadership Summits, premier events for top leadership to discuss the higher education environment; plus other widely respected educational supplements, from print to digital and video content, targeting current trends in education administration and classroom learning.
“The purchase establishes LRP as the leader in education magazines, conferences, newsletters, books, and training tools plus extends its capabilities to easily serve both the K12 and higher education markets” said Avossa. “I look forward to expanding LRP’s growing leadership in the education market while positioning us to better address and fulfill the essential needs of the education community, specifically K12 and higher ed leaders.”
The acquisition was publicly announced by Ken Kahn, President and CEO of LRP.
“As LRP grows, we continue to seek out innovative products and events that can help us transform. The addition of Professional Media Groups complementary assets to our portfolio will help us do that,” said Kahn. ” We are pleased to have Robert play an important role as we expand on our commitment to support our customers’ growth with our products by providing more high-quality content for education leaders, broadening networking opportunities around the country, and delivering compelling leadership experiences to educators in a variety of new ways.”
Throughout Avossa’s career he has served in large public-school systems as a teacher, principal, district administrator and superintendent. Avossa brings decades of experience and a successful track record in education.
LRP will keep the staff of Professional Media Group, LLC and they will report to Avossa.
“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 Avossa. “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.”
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, Pro Media 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.