A subsidiary of investment firm BIA Digital Partners has acquired a publishing company out of Richmond, Va., and changed its name.
BIA DP Holdings acquired the assets of Douglas Publications and changed its name to Briefings Media Group.
Douglas produces newsletters, training tools, magazines, directories and Web sites for businesses. BIA Digital Partners invested in the company in 2005 in conjunction with its acquisition of the Briefings Publishing Group from Wicks Business Information.
It also promoted Frank Finn to executive VP and COO and Bill Murrill to VP of finance and administration.
“Our relationships with employees, subscribers and key partners are operationally unaffected by this change in ownership,” Finn stated.