Stagnito Media Acquires Tesoro Business Media
Stagnito Media announced today that it has acquired Tesoro Business Media, Scarsdale, N.Y., producer of Store Brands Decisions and Green Retail Decisions events and digital media.
Stagnito Media, America’s fastest-growing integrated media company serving food and non-food retailers, publishes the industry-leading Private Label => Store Brands magazine and digital media as well as other leading brands such as Progressive Grocer, Convenience Store News, The Gourmet Retailer and Retail Leader.
Launched by John Failla in 2011, the Store Brands Decisions Innovation & Marketing Summit has rapidly become the premier event for the retail store brands market. Store Brands Decisions' event and digital media and Private Label => Store Brands’ magazine and digital media combined assets will create a superior information franchise for the rapidly expanding retail store brands market. Green Retail Decisions will remain an independent brand complementing Stagnito Media’s retail brands.
“We’re excited by the opportunity to combine these highly recognized and respected properties into one powerful information center,” said Harry Stagnito, President/CEO, Stagnito Media. “These brands are a perfect fit for the rest of our retail-driven portfolio, and this acquisition continues our investment in extending our integrated media reach in the retail market.”
“The number of retailers, manufacturers and solutions providers attending our events and Stagnito’s events has been rapidly increasing in the past few years,” said Failla, who will join Stagnito Media as Vice President/Events. “I’m excited about joining Stagnito Media and committed to helping our attendees and sponsors succeed by providing the most important educational content and the best networking opportunities as we grow our existing events and launch new events in the future.” Steven Lichtenstein, Vice President/Group Publisher, will continue to manage Private Label => Store Brands.
Stagnito Media is a portfolio company of Long Island, N.Y.-based Topspin Partners, LBO.
For more information, contact:
Harry Stagnito, President/CEO