Investcorp to acquire trucking publisher Randall-Reilly

The Trucker News Services

1/30/2008

NEW YORK and TUSCALOOSA, Ala. — Investcorp reports the investment management company has agreed to acquire Randall-Reilly Publishing Co. LLC, a media and information company focused on the trucking and construction markets in the United States.

Investcorp is acquiring Alabama-based Randall-Reilly from Wachovia Capital Partners and members of management. Terms of the transaction, which is expected to close in the first calendar quarter, were not disclosed.

Sean Madden, an Investcorp managing director, said, “Randall-Reilly’s management team has generated impressive growth in the business both organically and through acquisitions. We believe the company has a terrific franchise with significant opportunities to grow, and we look forward to supporting Mike Reilly and his team in achieving their strategic goals.”

Founded in 1934, Randall-Reilly Publishing’s trucking division serves the fleet, owner-operator, recruitment, truck stop, pre-owned truck and trailer, dealer and heavy-duty aftermarket segments. Randall-Reilly’s construction division covers the highway and heavy construction, landscaping and used equipment markets. The company also publishes a magazine focused on the woodworking industry.

Founded in 1982, Investcorp provides and manages alternative investment products with more than $13 billion in assets under management as of June 30, 2007. The firm has offices in New York, London and Bahrain and is publicly traded on the London Stock Exchange and Bahrain Stock Exchange.

Investcorp’s current private equity investments include: Greatwide, a leading U.S. logistics provider focused on ground transportation and related service offerings; FleetPride, the largest independent distributor of aftermarket heavy duty truck and trailer parts in the U.S.; American Tire Distributors, a leading national distributor of tires to the replacement tire market in the U.S.; SourceMedia, a leading provider of information products and solutions in the U.S.; and, Welcome Break, the second largest operator of motorway service areas in the UK.