Boston, MA – Robert Krakoff and his company, Blantyre Partners, have announced a collaboration with The Blackstone Group, a media and communications investor. Together, the two companies will pursue investment opportunities in b-to-b media companies. Capital for investments will be provided by Blackstone Capital Partners IV, a $6.5 billion fund and the largest institutional private equity fund ever raised, and Blackstone Communications Partners I, a $2.0 billion fund focused on investments in the media and communications industries.
Krakoff told Trade Show Executive that the collaboration will build a new market-focused company with trade show and magazine properties. Plans include the acquisition of a platform company, and additional growth through both acquisitions and organic means. Although Krakoff says no acquisitions are imminent, he is looking for strong businesses with strong management and a company scalable enough to be called a platform. “We are looking for a mix of traditional industries with some representation in industries with strong growth potential,” says Krakoff.
Krakoff has directed b-to-b media companies for over 30 years. He is the former Chairman & CEO of Advanstar, Inc. and former Vice Chairman of Reed Elsevier Inc. He formed Blantyre Partners, a strategic management consulting and investment company in 2004.
Reach Robert Krakoff, Blantyre Partners, Inc., at (617) 948-2583 or firstname.lastname@example.org