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Tag: observer capital

Observer Capital Purchases SourceMedia

Observer Capital, a private equity firm led by Joseph Meyer of Observer Media (owner of the New York Observer), has made its first purchase: b2b finance and healthcare publisher SourceMedia. Folio: reports that while terms were not disclosed, when Investcorp previously explored a sale of its SourceMedia property, the price was pegged at $60 million, and that a source called the figure a “reasonable estimate” this time around, as well.