Governing Magazine

Mondo Times editors    Boulder, Colorado USA

Posted at 1:46pm on Thursday, July 30th, 2009

Governing magazine, a provider of news, information and best practices for state and city government officials is being offered for sale by the Times Publishing Company.

Based in Washington, D.C., Governing is one of three divisions that formed the Congressional Quarterly group of companies owned by the St. Petersburg-based Times Publishing Company, which has been divesting its Washington properties to support its growth initiatives in Florida.

Last year, Times Publishing sold the CQ Press books division to Sage Publications. This month, the company announced that Roll Call Group, a division of the Economist Group, has agreed to acquire Congressional Quarterly.

For more than 20 years, Governing has been provided intelligence and analysis to senior officials in state and local government, with a sharp focus on policy and politics. Governing's subscribers include a mix of elected and appointed officials, as well as top-tier managers with a range of executive and legislative titles.

Governing is a monthly magazine with a BPA-audited circulation of more than 80,000 subscribers nationwide. The business includes a web site and a portfolio of conferences and seminars.

In addition, Governing presents the Public Officials of the Year Awards, which is attended by award winners and senior executives from across the nation.

"The launch of Governing magazine two decades ago opened our eyes to the key role that states, cities, and counties play in the United States," said founding publisher Peter Harkness. "From helping to form national policy on key domestic issues to administering most of the nation's public programs, our states and localities hold much of the responsibility for how well our public sector performs."

The company has engaged the Jordan Edmiston Group, Inc., the leading investment bank for media, information marketing services and related technology, to act as financial adviser in the transaction.