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Quayle Munro announces the sale by The Nielsen Company of its Retail Food Group
Date: March 2010

New York , March 16, 2010  Quayle Munro (“QM”) is pleased to announce that its subsidiary, The van Tulleken Company Inc., advised The Nielsen Company in the sale of its Retail Food Group (“RFG”), comprising: Progressive Grocer, Convenience Store News, The Gourmet Retailer and Convenience Store News for the Single Store Owner to Stagnito Inc.  Financial details of the transaction were not disclosed. The van Tulleken Company assisted in the negotiation and structuring of the transaction.

Stagnito Inc. (“Stagnito”) owns ZweigWhite Information Services’ media group, including CE News and Structural Engineer magazines.  Stagnito plans to continue publishing all four RFG titles in print and increase frequency and circulation for both Progressive Grocer and The Gourmet Retailer. In addition, Stagnito expects to expand the four RFG brands across digital platforms, virtual tradeshows and a custom media support division.

Quayle Munro (www.quaylemunro.com) is an AIM-listed independent merchant bank, active in corporate finance (including equity and debt advisory), public finance, specialist fund management and investment on its own account.  Since December 2009, QM has also advised The Nielsen Company on the sale of its Travel Group to Northstar Travel Media; the shareholders of Medley Global Advisors on its sale to The Financial Times; The Nielsen Company on the sale of its B2B media and entertainment portfolio (Hollywood Reporter, Billboard, etc.) to e5 Global Media; the shareholders of New Energy Finance on its sale to Bloomberg L.P; First Eastern Investment Group on its investment in, and joint venture with, Monitise plc; and Virgin Money on its public offer for Church House Trust Plc.  Quayle Munro has offices in New York, London, and Edinburgh.

The Nielsen Company is a global information and media company with leading market positions in marketing and consumer information, television, and other media measurement, online intelligence, mobile measurement, trade shows and business publications. The privately-held company is active in approximately 100 countries with headquarters in New York City.


For further information:

John Wickersham
john.wickersham@quaylemunro.com
+1 (646) 367-3464

Jonathan Gordon
jonathan.gordon@quaylemunro.com
+1 (646) 367-3467

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Member: FINRA/SIPC

Quayle Munro Inc was formerly known as The van Tulleken Company

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