Wasserstein to get financing via Macquarie for acquisition of ALM

By Jennifer Chiou

New York, June 5 – Wasserstein & Co., LP will use financing provided by Macquarie Capital (USA) Inc. for its acquisition of ALM Media, according to a press release.

Wasserstein & Co. entered into the acquisition agreement, under which Wasserstein will acquire ALM from funds advised by Apax Partners and RBS, on behalf of its private equity fund Wasserstein Partners III.

The transaction is expected to close in the third quarter of 2014, the release noted.

Wasserstein is a private equity and investment firm with offices in New York and Los Angeles.

ALM is a New York-based integrated media company focused on the legal and business communities.

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