CurtCo Acquires Assets of San Diego Magazine Publishing

Posted on July 29, 2005

CurtCo Publishing, affiliate of Robb Report, and parent of ShowBoats International and Worth magazines, in conjunction with financial sponsors Weston Presidio and TD Capital Communications Partners, have announced an agreement to acquire the assets of San Diego Magazine Publishing Co., owner of San Diego Magazine, and publisher of a series of custom publishing titles.

San Diego Magazine has an audited circulation of approximately 53,000 readers and has a significant reader-base in some of the country's most affluent communities, including Rancho Santa Fe, La Jolla, and Del Mar. The publication provides coverage of topics such as lifestyle, art, real estate, politics and fashion. San Diego Magazine also provides editorial content and special theme issues, such as The Best of San Diego, San Diego's Top Doctors, and the San Diego Home Design Quarterly.

In addition to San Diego Magazine, the acquisition includes San Diego Magazine Publishing Co.'s Custom Publishing Division, which produces bimonthlies San Diego Lawyer and Garden Compass, as well as publications developed in partnership with local organizations, including The San Diego Convention and Visitors Bureau, San Diego North Convention and Visitors Bureau and the San Diego Regional Chamber of Commerce.

The transaction follows Curtco's October 2004 acquisition of the assets of Gulfshore Media, publisher of Gulfshore Life and Sarasota regional luxury lifestyle magazines serving the Naples and Sarasota markets, as well as a number of other regional magazines geared to affluent readers along Florida's gulf coast. San Diego Magazine Publishing Co. President and CEO James L. Fitzpatrick and his staff of more than 30 employees will join CurtCo Publishing and continue in their current positions. The newly acquired titles will continue to operate at their existing headquarters in San Diego.