M&A – Sale of Tech Briefs Media Group to SAE International

In April 2012, the shareholders of ABP International, Inc., d/b/a Tech Briefs Media Group, sold all of the company’s stock to SAE International. Tech Briefs Media Group publishes a variety of design engineering magazines and supplements in both print and digital formats, including flagship publication NASA Tech Briefs.  The magazines and digital publications have a total audience of 600,000 readers worldwide.  SAE International is a global association of engineers and related technical experts in the aerospace, automotive and commercial-vehicle industries.  Terms of this transaction were not disclosed.  A Seward & Kissel team led by partners James Abbott and James Cofer and counsel Nick Katsanos, and including partner Anne Patin, counsel Michael O’Brien and Beth Alter, and associates Kristin Switzer and Zelda Ferguson, represented Tech Briefs and its shareholders in this transaction.