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CHICAGO — EnsembleIQ, the parent company of Convenience Store News, continues to grow — this time in Canada.
In its latest move, the Chicago-based company acquired Canadian Grocer, Pharmacy Practice+, Profession Santé, The Medical Post and other allied brands from Canadian media and communications company Rogers Media.
"We're thrilled to have such powerful titles join our portfolio of brands," said EnsembleIQ CEO and President Peter Hoyt. "Not only do they align perfectly in serving some of our key markets throughout North America, but they have a rich history of helping their readers and advertisers find success in their careers, which is the primary objective of EnsembleIQ."
The transaction was led by Korry Stagnito, who has been named president of EnsembleIQ-Canada. He also takes on the position of EnsembleIQ's chief business development officer. In this role, Stagnito will spearhead all of the company's future merger-and-acquisition activities.
The acquired brands provide a strategic complement to EnsembleIQ's U.S. media titles that include Convenience Store News, Progressive Grocer, Shopper Marketing, Retail Leader, and The Gourmet Retailer, as well as Canadian brands such as Pharmacy Business, PharmacyU.ca and Your Convenience Manager.
A more complete listing of EnsembleIQ brands may be found on the company's website, www.EnsembleIQ.com.
Canadian Grocer: Reaching grocery office executives and store-level managers in a wide range of food outlets throughout Canada, the title was launched 130 years ago and is the most influential publication among key industry decision-makers. Grocery industry professionals turn to Canadian Grocer for trusted, timely information on trends, products, issues and innovation.
Pharmacy Practice+: For more than 35 years, community and hospital pharmacists have turned to Pharmacy Practice+ for trusted and practical articles and information that elevate their professional expertise. The content focuses on continuing education lessons, clinical features, self-care and wellness columns.
Profession Santé: Read by French-speaking physicians and pharmacists, Profession Santé is uniquely positioned within the Quebec healthcare sector. With new regulations in Quebec, the need for common-ground communications between pharmacists and physicians has never been greater. Content is targeted to issues addressing each profession, including healthcare system news, legal, new prescribing mandates for pharmacists, compensation, clinical information and education.
The Medical Post: The independent voice of Canada's doctors for 51 years, The Medical Post provides a news magazine approach for its readers by using a professional/personal content mix of one-of-a kind clinical and political news, opinion, lifestyle and practice management.
Monday Report on Retailers: Starting in 1973 as a subscription-only weekly newsletter, the Monday Report on Retailers delivers valuable news and insights on retail chains in the Canadian market and developments in the Canadian retail real estate industry. A sister newsletter, the Shopping Centre News, focuses on retail real estate developments and leasing opportunities.
The Monday Report has also spawned an array of print and online directories including the Canadian Directory of Shopping Centres, Directory of Retail Chains in Canada and the Directory of Restaurant & Fast Food Chains in Canada.
EnsembleIQ is a premier business intelligence resource that exists to help people and their organizations succeed. It is structured to serve the business-to-business needs of retailers, consumer goods manufacturers, technology vendors, marketing agencies and retail service providers by using its integrated network of media and information resources designed to inform, connect and provide actionable marketplace intelligence.
EnsembleIQ is a portfolio company of RFE Investment Partners, a private equity investor with more than 30 years of experience investing in growth companies in partnership with strong management teams.