DETROIT—Crain Communications Inc. has agreed to acquire Hart Energy, the leading multi-platform news and information company covering the massive energy sector with industry leading media brands such as Oil and Gas Investor, E&P and the DUG conferences, among others.
The acquisition adds to Crain’s growing business media and information footprint of 21 international and national award-winning industry brands including Automotive News, Ad Age, Pensions & Investments, SIA, Modern Healthcare and the Crain City Brands among others. Combined, the Crain brands reach 78 million readers globally.
Hart, which was started in 1973, is the most comprehensive source of breaking news, in-depth features, and exclusive data for the global energy business, covering all sectors including shale, natural gas, NGLs, and new energy sources.
Additionally, its growing events platform brings thousands of executives together each year for networking and in-person discussions on the industry’s top issues.
Hart Energy aligns with Crain Communication’s mission to provide decision-makers and executives with intelligent, timely news and information to stay on top of fast-changing moves in their respective industries.
“We are excited to add the Hart Energy portfolio to the Crain Family of brands, and to be part of this dynamic, expansive industry that touches businesses and lives across the globe,’’ said KC Crain, President and CEO of Crain Communications Inc. “We look forward to providing readers and business partners alike even more ways to access this exclusive content when and where they want it.’’
Both Crain and Hart Energy executives will work together to provide seamless service to both readers and advertisers over the next several weeks. The Hart brands will continue to operate with dedicated editorial and business teams based in Houston.
“We know Hart is joining an outstanding organization that understands the power of strong content combined with the ability to connect audiences,” said Richard Eichler, CEO of Hart Energy. “Crain’s track record of providing award-winning journalism online and in print along with a robust events business positions the Hart brands extremely well going forward. These are exciting times to be in the energy business.”
About Crain Communications Inc.: Crain Communications is a privately held media company that produces trusted and relevant news publications, lead generation, research and data products, digital platforms, custom publishing, and events with uncompromising integrity.
Reaching 78 million readers globally, the company’s brand portfolio consists of 21 publications. Many of Crain’s brands are the most influential media properties in the verticals they serve including Automotive News, Ad Age, Modern Healthcare, Plastics News, and Pensions & Investments. Headquartered in Detroit, the company has 650+ employees in10 locations delivering exceptional news content over a variety of platforms to empower the success of its readers and clients. To learn more about Crain Communications, visit crain.com.
About Hart Energy: Since 1973, Hart Energy has been the global energy industry’s comprehensive multi-channel network providing news, data, insights and events. At Hart Energy, our mission is to create, aggregate, organize and analyze timely and targeted information across platforms in ways that business professionals and investors can trust for making energy-related decisions. To learn more about Hart Energy, visit hartenergy.com
Contact: Ariel Oltean
Corporate Communications
aoltean@crain.com