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January SIPA Member News

Lessiter Media Inc. Acquires Cover Crop Innovators From Farmer and Consultant Steve Groff

Lessiter Media Inc., publisher of No-Till Farmer, has acquired Cover Crop Innovators from farmer and consultant Steve Groff of Holtwood, Pa. The announcement was made Jan. 8 at the National No-Tillage Conference in St. Louis. The acquired property will be part of Lessiter Media’s Cover Crop Strategies division.

“We’re looking forward to continuing to assist farmers with cover crop knowledge through the next phase of our partnership that we unveiled at the 2019 National No-Tillage Conference in Indianapolis,” said Mike Lessiter (pictured), president, Lessiter Media.

Cover crops continue to be a growing trend in agriculture. A total of 15.3 million acres were seeded with cover crops in 2017, an increase of 49% from 2012. Groff will remain in a transitional consultative role.


BLR Launches Environmental and Safety Compliance and Training Platform, EHS Hero

Business and Legal Resources, an HCM division of Simplify Compliance, announces the release of its highly anticipated EHS compliance and workflow platform, EHS Hero. This new workflow solution revolutionizes how environmental, health, and safety organizations train their teams and stay informed and compliant with changing OSHA, EPA, and state-level regulations.

“Our current EHS product line, while continuing to meet the needs of our subscribers, needed an upgrade, as well,” said David Cella, chief product officer of Simplify Compliance. “EHS Hero includes the reliable and thorough compliance information and guidance our subscribers are used to, with enhanced UI/UX, upgraded tools, and greater opportunities to find answers to their challenging compliance and EHS management questions.”


Clarivate Analytics to Acquire Decision Resources Group, Creating a Leading Global Provider of Data-Driven Solutions to the Life Sciences Industry

Clarivate Analytics, the parent company of SIPA member BioWorld, has signed a definitive agreement to acquire Decision Resources Group, a premier provider of high-value data, analytics and insights products and services to the healthcare industry, from Piramal Enterprises Limited. The $950 million purchase price includes $900 million in cash and approximately $50 million in Clarivate ordinary shares to be issued following the one-year anniversary of closing.

Jerre Stead, executive chairman and CEO, Clarivate Analytics, said: “This is a milestone acquisition which doubles the size of our life sciences business, is accretive to our 2020 earnings, and sets us up to become an essential, end-to-end, industry-leading data and analytics provider to the highly attractive Life Sciences ecosystem.”


Dure Hired as New Activist Reporter at Reorg

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Elana Dure has joined Reorg as an activist reporter. She is part of a seven-member team that will be covering shareholder activism for the organization.

Previously, Dure held the posts of data and financial reporter and senior financial reporter at Activist Insight Ltd. Before that, she interned at the Pulitzer Center on Crisis Reporting and at Modern Luxury. She also has experience working as a teaching fellow.


The Kovels Are Reorganizing Their Collection on Collecting!

After months of hard work, the Kovels’ antiques and collectibles team is looking forward to the unveiling of a new Kovels.com! Kovels’ readers belong to a community of more than a million enthusiastic collectors and many changes were made based on their feedback. One of the biggest is the reorganization of the Kovels’ information “library”—all of their articles, advice and tools—into logical categories that can help collectors identify, price, buy and sell.

The new Kovels.com will offer readers a more up-to-date look with sleek text and bigger pictures; and help users more easily find the resources on a PC or mobile device needed to be happier, more successful collectors.


Dennis Publishing Launches Innovative, Award-Winning Children’s News Magazine The Week Junior in America

Dennis Publishing, the company behind the weekly news magazine, The Week, and the parent company of SIPA member Kiplinger, has announced it will be launching a weekly news magazine for children—The Week Junior following its stunning success in the United Kingdom. The magazine will be the first news weekly print magazine in the United States since The Week launched in 2001. The magazine has one simple goal of making sense of the world to young people through intelligent and exciting content expertly written to grab children’s attention and get them reading.

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January Member News

Reorg Announces Partnership With the European Leveraged Finance Association (ELFA)

Reorg, a financial media and technology company, recently announced its partnership with the European Leveraged Finance Association (ELFA). ELFA is a trade association for European leveraged finance investors, and works to establish and enhance industry best practices by promoting education as well as advocating for increased market transparency.

Kent Collier, founder and CEO of Reorg said, “We are delighted to enter into this partnership. Our reporters, analysts and legal experts, who together make up the ‘Reorg Trifecta,’ have deep expertise in the leveraged finance and distressed debt market, and we look forward to engaging with ELFA and its members to contribute to its mission of providing more transparency to the European credit market.”


BoardIQ/Ignites, Money-Media Publications, Hire Garcia as New Data Reporter

Adrian Garcia has taken on the post of data reporter at BoardIQ and Ignites at Money-Media, a Financial Times company, Talking Biz News reports. Previously, Garcia was a contributor at Marijuana Business Daily. Before that, he was at Bankrate working as a data journalist and analyst where he covered credit cards and personal finance.


SIPA Member Newsletter Assets for Sale

After being a SIPA member for several years, Monique Leahy of Wordsworth Law Publications Inc. has decided to cut back her subscription newsletter business and put her assets up for sale. She would be happy to assist with any transition. “Current law and medical writers [are] willing to work for new owner producing new content.”

These assets include:

Digital medical/law reports and companion newsletter archives. The publications provide vital medical and litigation analysis and practice materials for the risk management, attorney, physician, insurance, and related markets and have great potential for the right buyer.

Content comprises 95 reports (55+ pages each) on medical litigation topics plus top-tier expert guidance and topic-specific medical and law information. “Content has significant potential as a fold-in or new vertical.”

There is no broker involved, and the archives are being offered directly from the current owner. Reply to mleahy@wordsworthlaw.com or 212.213.0222.


BlueConic Lands $13 Million in Series B Funding

BlueConic, provider of a customer data platform, has pulled in $13 million in Series B funding, bringing its total financing to $25 million. The round was led by new investor Spring Lake Equity Partners with participation from existing backer Sigma Prime Ventures and angel investors. Dan MacKeigan, founding partner of Spring Lake, has joined the BlueConic board.

The company says it is equipped to help brands improve their marketing while complying with the California Consumer Protection Act (CCPA) and other laws.

“In an era of consumer privacy regulations like GDPR and CCPA, brands are unprepared to orchestrate individualized marketing for every stage of the customer lifecycle while also respecting individual privacy,” states BlueConic CEO and co-founder Bart Heilbron.


RIP Horace Hildreth Jr., Former CEO, Diversified Communications

Horace Augustus Hildreth Jr., “Hoddy”, died Dec. 12, 2019, at his home in Falmouth, with his family by his side. He was 87.

From the Portland Press Herald: “The family business, Diversified Communications, became a strong broadcasting and trade show company under his leadership. He became CEO in 1980, and his approach was to focus on people and strategy. With his leadership team, he built a culture of excellent business performance, good communication, treating employees well, and good corporate citizenship. He believed strongly in empowering people, and was known for the phrase, ‘Hire good people and get out of their way.'” A former Maine state senator, he had a passion for the conservation of Maine lands.


RIP Nathaniel Parsons, Former SIPA Employee

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Nat Parsons worked for SIPA when I started here in 2009. He was always in a good mood, talked gloriously about his dogs and worked hard to help SIPA.

Nat passed away late last month—he had moved to the Denver area a few years ago. I saw the announcement on Facebook accompanied by many loving tributes. This one came from Abbey Parsons:

“I can’t express how heartbroken we all are at this time. Your sense of humor was unmatched and always needed to lighten the mood during stressful situations. I knew I could always get support from you to pursue my dream of being a veterinarian from our shared love of animals. We love you so much.”


If you have any news, hirings, transactions, awards or anything else you’d like fellow members to know about, please email me at rlevine@siia.net. Thank you and happy new year!