Beringer Capital Acquires Adweek

Beringer managing partner and vice chairman Brian Martin and managing partner Gil Ozir announced the news in a staff meeting with Adweek employees this morning. In the meeting, Martin expressed the firm’s longterm interest in the brand, quoting from an upcoming press release: “Over the past four decades, Adweek has continued to evolve along with the industry in which it serves. We are truly excited at the prospect of what the next decade will bring.”

Martin called the transaction a gradual carve-out of Adweek from Mediabistro Holdings.