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Resolute Capital Partners Invests In a B2B Media Company

Nashville – May 2018 – Resolute Capital Partners (“RCP”) is pleased to announce the recapitalization of Endeavor Business Media (“Endeavor” or the “Company”). Endeavor is a Nashville, Tennessee-based business-to-business (“B2B”) media company that provides integrated advertising, marketing and custom content programs through various mediums, including e-newsletters, monthly print and digital publications and live in-person hosted buyer conferences.

RCP is partnering with Endeavor to execute on an acquisition strategy of similarly focused B2B media assets geared towards highly specialized industry-specific subject matter. Chris Ferrell, Chief Executive Officer (CEO), co-founded the Company in late 2017 and successfully completed an initial acquisition in January 2018 by acquiring the Process Flow Network. Concurrent with the recapitalization of Endeavor, the newly formed platform closed on the acquisitions of NP Communications, LLC (“NPC”), KSR Publishing, Inc. (“KSR”) and Gallo Business Media (“Gallo”). These add-on acquisitions represent two complementary industry-specific publications in NPC and KSR and a producer of live in-person hosted buyer conferences in Gallo.

“These publications have been in their respective markets for decades and have loyal readership due to the comprehensive coverage in their fields,” said Mr. Ferrell in a statement announcing the NPC and KSR acquisitions. “Endeavor is committed to maintaining the high level of service and quality they currently deliver.”

Gallo Business Media, which specializes in hosted buyer conferences serving markets such as transportation and public works, among others, was founded in 2012 by Michael Gallo. “Michael Gallo and his team have done a great job building a hosted buyer conference model that is extremely valuable for both sponsors and attendees. We look forward to replicating the Gallo model for the benefit of our current advertisers and readers”, stated Mr. Ferrell in a statement announcing the acquisition of Gallo.

RCP plans to provide strategic and financial support to Endeavor as the Company expands its existing portfolio of industry-specific publications and hosted buyer conferences via add-on acquisitions.

“Chris and his team have the industry knowledge and experience to lead a fast-paced acquisition platform. We’re excited about the opportunity to support his team in this growth,” said RCP Partner Caroline Ducas.

RCP, based in Nashville, TN, provides subordinated debt and equity capital to companies in the lower middle-market throughout the United States for growth, acquisitions, recapitalizations, and buyouts. RCP is currently making new investments out of Resolute Capital Partners Fund IV, L.P., a recently formed $300 million fund that was licensed as a Small Business Investment Company (“SBIC”) in 2018. The investment in Endeavor represents the third investment out of Resolute Capital Partners Fund IV, L.P.