EnsembleIQ grows portfolio
Chicago-based EnsembleIQ, the parent company of Store Brands magazine, has 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.
This transaction was led by Korry Stagnito, who was named president of EnsembleIQ-Canada. Stagnito has also been appointed EnsembleIQ’s chief business development officer and will spearhead all of the company’s future M&A activities.
The acquired brands provide a strategic complement to EnsembleIQ’s U.S. media titles that also include Progressive Grocer, Shopper Marketing, Retail Leader, Convenience Store News 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, http://www.EnsembleIQ.com.