Updated: PhoCusWright and Travel Weekly parent Northstar acquired by Wicks
Skift Take
Finally, an outcome for Northstar, which had been trying to sell in various phases over the last decade. And PhocusWright changes hand twice in a year. Read through Tom Kemp's remarks, he's just happy the deal happened, which means overall price is low.
After 11 years in holding, Boston Ventures, the parent private equity firm, has finally offloaded Northstar Travel Media, to Wicks Group, the PE firm that focused on B2B media/info sectors. No price was disclosed, but Northstar CEO Tom Kemp told Folio the EBI
