New York, NY – January 3, 2024 – Advance, a private, family-held business that owns and invests in a broad range of companies across media, entertainment, communications, technology and education, today announced that Janine McGrath Shelffo has been named Group President and Chief Growth & Strategy Officer.
Read MoreToday Advance announced it has completed its acquisition of The IRONMAN Group from Wanda Sports Group. The transaction was first announced on March 26, 2020. Orkila Capital, a growth equity firm focused on investments in the media, entertainment and consumer sectors, partnered with Advance as a co-investor in the transaction.
Read MoreAdvance announced today that it has entered into a definitive stock purchase agreement with Wanda Sports Group Company Limited (NASDAQ: WSG) to acquire The IRONMAN Group in an all-cash transaction.
Read MoreAdvance Publications is investing $10 billion outside its core media business to ease reliance on ad revenue
Read MoreLeaders Group will build on the strong foundation that Sports Business Journal and Sports Business Daily have built over the last 20+ years as the authoritative voice in the business of sports. The group will also include Leaders, The Esports Observer and Newzoo.
Read MoreAdvance Publications, Inc. (Advance) announced today that it has completed the acquisition of the shares of Stage Entertainment from CVC Fund VI and Joop van den Ende. The transaction was first announced on August 23.
Read MoreStage Entertainment is one of the world's largest theatre producers and owners, operating 20 theatres and partnering with world-renowned creative talent to produce shows attended by over seven million visitors annually. The company entertains audiences in the Netherlands, Germany, Spain, France, Italy, Russia, the United Kingdom and the United States. Leading titles include Disney's The Lion King and Aladdin, Mamma Mia!, Mary Poppins, Anastasia and Tina: the Tina Turner Musical. Stage Entertainment employs more than 3,000 people worldwide.
Read MoreAdvance Publications Inc. ("Advance") announced today that Oren Klein will succeed Tom Summer in the role of Chief Financial Officer effective October 1, 2018. Summer, who had previously announced his plans to retire, will remain at Advance full-time through the end of 2018, and then assume the role of Senior Advisor.
Read MoreAdvance Publications Inc. ('Advance') announced today that Michael Fricklaswill join the company as Chief Legal Officer with responsibility for the legal and governmental affairs of Advance at its corporate level and for its operating businesses.
Read MoreAdvance Publications Inc. ('Advance') announced today that Janine McGrath Shelffo, Co-Head of Technology, Media and Telecom – Americas at UBS Investment Bank, will join the company later this year in the new position of Chief Strategy and Development Officer. Shelffo will be charged with spearheading corporate strategy and leading a multi-billion dollar capital deployment program to accelerate diversification into new growth areas for Advance, and to strengthen the company's existing businesses through acquisitions, investments and partnerships.
