https://radioinsight.com/headlines/178973/connoisseur-media-management-buys-out-perots-holdings/
Connoisseur Media has been named as the investor of the Ross Perot Jr.’s Petrus Holdings.
Connoisseur Media has just completed a buyout in which members of management will now own substantially all of the company. This was the culmination of a series of strategic moves in which the company has also recently closed on transactions that added to its Connecticut holdings and also entered the Frederick, MD, market.
“Mike Driscoll and I started the company 15 years ago with the purchase of FCC Construction Permits in an auction. It’s gratifying to now be able to work with our major investor, Perot Holdings, to buy their stake in the company. They’ve been terrific partners to us. We are looking forward to growing our company, and we are excited that members of our senior management team are now owners. Ultimately, many of our employees will become stakeholders,” said Connoisseur CEO Jeffrey D. Warshaw.
Connoisseur Media has been named as the investor of the Ross Perot Jr.’s Petrus Holdings.