Sew News Magazine

Mondo Times editors    Boulder, Colorado USA

Posted at 10:24pm on Tuesday, July 7th, 2009

Boston Ventures, a private equity firm that invests in the media, information and publishing, entertainment, and communications sectors, today announced that its Fund VI portfolio company, BVK Holdings, owner of the consumer enthusiast publisher New Track Media, has acquired CK Media, LLC, a leading publisher of quilting, sewing, and scrapbooking magazines.

CK Media includes nine magazines with combined circulation of about 1 million in the soft craft subject areas of quilting, sewing and scrapbooking. The business also includes a conference and events division, book publishing, digital properties, and other business units serving the same consumer base of soft craft hobbyists. CK Media's consumer magazines are household names and market leaders providing content and community resources for scrapbooking, paper crafting, quilting and sewing.

Its key publications are Creating Keepsakes, the market leader serving scrapbooking enthusiasts, several quilting titles such as McCall's Quilting and Quilters Newsletter, and various others including Sew News.

Stephen J. Kent, CEO of New Track Media, said, "The acquisition of CK Media makes New Track the largest consumer platform focused on crafts and specialty merchandise publications."

The CK Media business had been acquired from Primedia in 2006 by the private equity firm Sandler Capital. The acquisition of CK Media increases New Track's annual revenues to approximately $80 million.