Stamats Communications, Inc. has announced the sale of its group meetings and events media brand, Meetings Today, to Trade Press Media Group (TPMG).
Headquartered in Milwaukee, TPMG operates 16 business-to-business media brands.
“Following the significant downturn experienced during the COVID-19 pandemic, Meetings Today rebounded to far surpass its 2019 results,” Stamats president and CEO Peter Stamats said in a release. “This transaction will position the brand for continued growth in a highly competitive industry through Trade Press Media Group’s sole focus on B2B media.
“Trade Press is the right fit with the right culture for Meetings Today,” Mr. Stamats added. “Stamats core marketing services business in the higher education and health care sectors will utilize additional capital following this transaction to continue its successful growth in those markets.”
“At TPMG, we recognize that Meetings Today is a brand with a vibrant market and a significant growth trajectory,” said TPMG CEO and general manager Jill McDermott. “We are looking to expand and diversify our brand portfolio, offering more solution-based products and digital opportunities. Moreover, this is an exciting opportunity for our existing employees with each department at TPMG expected to grow.”
Stamats Communications has been a fixture in the Cedar Rapids economic community since 1923, growing from a small print and advertising shop into a nationally recognized marketing firm, touching publishing and distribution, higher education and health care marketing, and public relations communications.
Stamats now provides data and research services; brand and digital strategy; website redesign; content marketing; and social, planning, and paid media services.
