NEW YORK, Oct. 19 /PRNewswire/ -- The Wicks Group of Companies, L.L.C. (the "Wicks Group"), a New York-based private equity firm, today announced that it has completed the sale of Wicks Sports Information Group, LLC (the "Company"), owner of Daily Racing Form LLC, a national, multi-media information company dedicated to providing premium data driven content and authoritative editorial coverage to horse racing enthusiasts. The buyer is Arlington Capital Partners, a Washington DC-based private equity firm.
The Company''s print publication, Daily Racing Form, is currently the only national daily print publication dedicated to the coverage of a single major sport. Published since 1894, Daily Racing Form is the premier media brand in horse racing and enjoys a loyal following from its readers, many of whom consider it the "Bible" of the industry. Daily Racing Form is complemented by DRF.com, which offers data, analytics and expanded content, and supplemental publishing products serving various sub-segments of the thoroughbred racing industry. The Company also owns premium niche brands that deliver in depth content to sports enthusiasts who follow the top four major sports leagues (NFL, MLB, NBA, NHL) in North America.
Commenting on the announcement, Craig Klosk, Managing Partner of the Wicks Group, said, "Brent Diamond, Carl Fazio and the rest of the management team have been great partners and have successfully grown the Company since we bought the Form in early 2004. We congratulate the team on their achievements to date with this iconic brand and wish them and Arlington great success in the future."
Credit Suisse advised the Wicks Group on the transaction. Golenbock Eiseman Assor Bell & Peskoe LLP served as counsel for the Wicks Group. About The Wicks Group of Companies, L.L.C.
About The Wicks Group of Companies, L.L.C.
The Wicks Group of Companies, L.L.C. (www.wicksgroup.com) manages private equity funds that invest in selected segments of the communications, information and media industries. Such funds currently own or have owned companies in educational publishing, consumer publishing, medical information services, community newspapers, radio broadcasting, television broadcasting, magazine publishing, outdoor advertising, newsletter publishing, and cable television distribution.
About Arlington Capital Partners
Arlington Capital Partners (www.arlingtoncap.com) is a Washington, DC- based private equity fund focused on middle market buyout investment opportunities in growth industries including: aerospace/defense, federal and commercial IT and engineering services, media, education & training, healthcare services and business services & outsourcing.
Source: The Wicks Group of Companies, L.L.C.
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