David L. Miller, CEO of Davler Media Group LLC, announced today the acquisition of New York Spaces - The Home Design Magazine of Metropolitan New York, newyorkspacemag.com, and their Social Events, from Wainscot Media LLC.
New York Spaces is distributed nine times a year and is a celebration of the best of New York area design. The media inspires readers through lavish coverage of the best homes, gardens and interiors in the metro area—and give those readers the resources to turn inspiration into reality.
“We are excited about this new acquisition, which will allow us to further diversify our offerings, as we will now be able to tap into the design industry niche market for New York Metro consumers and clients.” says David L. Miller, CEO of Davler Media Group. “This will be our fourth acquisition within the past two years. We remain consistent with our goal, which is to help time-pressed consumers make the right choices when spending discretionary money and time.”
Jason Kontos, a favorite among designers, suppliers and home owners alike, will remain Editor-in-Chief. In addition, seven other employees will also join Davler Media and continue to focus on New York Spaces.
Carroll V. Dowden, Chairman of Wainscot Media LLC said, “We are very happy to be passing New York Spaces to the capable hands of Davler Media. We are thrilled that this publication, its other assets, and staff members will be joining a highly successful media company.”
Regional Media Advisors LLC represented Wainscot Media in this transaction. Regional Media Advisors is led by Kim A. Mac Leod, president.
ABOUT DAVLER MEDIA GROUP
Davler Media Group (www.davlermedia.com) is one of New York Metropolitan region’s leading diversified specialty media companies. Davler creates print and online media that help area residents and visitors make superior choices about how to spend their time and money. Their media offer targeted guides, listings, directories, and award-winning editorial content that are both timely and comprehensive serving four distinct markets: the visitor market, the parenting market the luxury market and the party planning market. City Guide magazine and CityGuideNY.com are the largest circulation visitor media in Manhattan. NYMetroParents’ print and online media reach approximately 1,000,000 parents a month and Mitzvah Market is the largest and most authoritative resource dedicated to providing invaluable information to Bar Bat Mitzvah planning families with a Website, magazine and 5 event showcases during the year. Promenade and its sister Website, NYLuxury.com introduces New York City’s affluent residents and visitors to the latest trends in the city.
ABOUT WAINSCOT MEDIA
Wainscot Media LLC is a family business based in Montvale, NJ. It is headed by Carroll V. Dowden, chairman, and his son Mark Dowden, president. The company publishes 18 regional consumer magazines, about a third of which are in New York and New Jersey. They focus mainly on health, lifestyle and fashion. The company also produces events and web sites and creates and manages social media programs for clients. Wainscot is a spin-off from Dowden Health Media, which was created by the Dowdens in 1988 and sold to Lebhar-Friedman, a New York trade magazine publisher, in 2005.
ABOUT REGIONAL MEDIA ADVISORS
Regional Media Advisors is an M&A advisory firm dedicated to serving regional print and online media companies across the country. It is headquartered in Norwalk, CT.