What to Know About Mel Magazine’s New Owners, Recurrent Ventures

Since late 2018, the private equity firm North Equity has been on a buying spree, methodically acquiring more than a dozen distressed publications in an attempt to build a lucrative media empire by investing in promising, if downtrodden properties. This week, the budding conglomerate added another publisher to its stable, the formerly defunct Mel Magazine,…
Since late 2018, the private equity firm North Equity has been on a buying spree, methodically acquiring more than a dozen distressed publications in an attempt to build a lucrative media empire by investing in promising, if downtrodden properties. This week, the budding conglomerate added another publisher to its stable, the formerly defunct Mel Magazine,…