Cases & Deals

Wasserstein portfolio company acquires Penton

Client(s) Wasserstein & Co., LP

Jones Day advised Wasserstein & Co., LP in connection with its $530 million acquisition and related financing by portfolio company Prism Business Media Holdings, Inc. of Penton Media, Inc., one of the leading publishers and business-to-business media companies in the United States. The financing consisted of a $925 million senior secured credit facility.