Crain Communications announced it has agreed to acquire Hart Energy, a leading multi-platform news and information company covering the massive energy sector with industry-leading media brands such as Oil and Gas Investor, E&P and the DUG conferences, and others.
This deal adds to Crain’s growing business media and information footprint of 24 international and national award-winning industry brands including Automotive News, Ad Age, Pensions & Investments, SIA, Modern Healthcare and the Crain City Brands and others. Combined, the Crain brands reach 78 million readers worldwide.
Hart (started in 1973) is the most comprehensive source of breaking news, in-depth features, and exclusive data for the global energy business, covering all sectors such as shale, natural gas, NGLs, and new energy sources. And its growing events platform brings thousands of executives together each year for networking and in-person discussions on the industry’s top issues.
Hart Energy also aligns with Crain Communication’s mission to provide decision-makers and executives with intelligent, timely news and information to stay on top of fast-changing moves in their respective industries.
Both Crain and Hart Energy executives will collaborate on providing seamless service to both readers and advertisers over the next several weeks. The Hart brands will continue to operate with dedicated editorial and business teams based in Houston.
KEY QUOTES:
“We are excited to add the Hart Energy portfolio to the Crain family of brands, and to be part of this dynamic, expansive industry that touches businesses and lives across the globe. We look forward to providing readers and business partners alike even more ways to access this exclusive content when and where they want it.’’
– KC Crain, President and CEO of Crain Communications
“We know Hart is joining an outstanding organization that understands the power of strong content combined with the ability to connect audiences. Crain’s track record of providing award-winning journalism online and in print along with a robust events business positions the Hart brands extremely well going forward. These are exciting times to be in the energy business.”
– Richard Eichler, CEO of Hart Energy
