Seaport Capital Sells Virgo Publishing to Arlington Capital Partners

February 26, 2008

Seaport Capital has completed the sale of Virgo Publishing to Arlington Capital Partners for an undisclosed amount. This sale resulted in Seaport generating 3.7 times its investment and a 49% IRR. Virgo, acquired by Seaport Capital in November 2004, increased annual EBITDA approximately 70% during Seaport’s ownership.

Founded in 1986 and based in Phoenix, Virgo publishes 17 national trade magazines and produces 10 trade shows and conferences across several industry groups including natural products and healthcare, telecommunications and business solutions. Virgo is the producer of SupplySide and has been successful in leveraging its events, publications and electronic media to provide integrated solutions to the markets it serves and will continue to focus on expansion through key, strategic acquisitions. Virgo Publishing has an accomplished and experienced management team and will continue to be led by its President and CEO, Jenny Bolton. The entire publishing, events and online organization will also remain intact.

DeSilva+Phillips advised Virgo Publishing in the transaction.