Fashion magazine trade
PTN adds to portfolio - PTN Publishing Co. buys trade magazine 'Wallcoverings, Windows and Interior Fashion' from Publishing Dynamics Inc - Brief Article
* While PTN Publishing continues to feel out the market for new partners, the Melville, New York-based trade publisher isnt slowing down its acquisition pace. The latest purchase for PTN is Wallcoverings, Windows and interior fashion (WWIF) from Stamford, Connecticut based Publishing Dynamics. With this addition to its remodeling group (which includes Remodeler and Kitchen & Bath Design News), PTN plans to turn up the heat on market leader Hanley-Wood. CEO Stanley Sills says several other deals are in the works. At the same time, a black book on PTN is making the industry rounds. According to sources, the company generates pre-tax earnings of about $15 million on revenues of $68 million. PTN is an equal partnership between Sills, money manager Golder, Thoma, Cressey, Rauner, Inc., and Chemical Capital Ventures.
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