San Diego-based Maritime Publishing, the owner of Pacific Maritime and Fishermen’s News magazines, has acquired Professional Mariner and Ocean Navigator magazines from Portland, Maine based-Navigator Publishing, Maritime Publishing announced March 15.
“We are in the business of providing mariners with knowledge through education. Professional Mariner and Ocean Navigator have been providing knowledge through current industry news and original editorial content for decades, so they are a natural extension of our existing business,” Dave Abrams, CEO of Maritime Publishing’s parent company, Training Resources Limited, explained. “The titles give us the ability to provide mariners with advocacy, news and information about the industries and adventures we train them for.”
“I am very excited to be passing the torch to Dave and his team at Maritime Publishing,” Alex Agnew, President of Navigator Publishing added. “I believe they will elevate the already outstanding content that we have been known for and provide resources to expand our efforts in both print and digital media. We could not think of a better successor to carry on our legacy.”
“This is the kind of strategic deal that we see as the future of special interest and (business-to-business) publishing,” Ed Fitzelle, Managing Director of Luntz, Suleiman & Assoc. Inc., a publishing industry M&A veteran, added.
All Navigator Publishing employees, including Agnew, will continue with the magazines and will work with Pacific Maritime Magazine and Fisherman’s News, according to Maritime Publishing.
Tuesday, March 16, 2021
