ALM Acquires Kennedy Consulting Research & Advisory

Deal Marks First Step in Company’s Strategic Acquisition Plan Designed to Leverage and Expand World Class Media and Information Platforms

NEW YORK, Dec. 16, 2014 (GLOBE NEWSWIRE) – Marking the first step in its acquisition and growth strategy, ALM, a leader in specialized industry news and information, and publisher of The American Lawyer and The National Law Journal, announced a deal to acquire Kennedy Consulting Research & Advisory, a part of Kennedy Information LLC. Kennedy Consulting Research & Advisory is the world’s leading source of market analysis and intelligence for the management consulting and IT consulting industries. The transaction is expected to close on December 31, 2014.

“The addition of Kennedy Consulting marks the first milestone in our growth strategy, paving the way for expansion of our professional services beyond the legal industry,” said Bill Carter, CEO of ALM. “Kennedy’s array of products and their reputation as a trusted analytics resource will also enable ALM to further expand our Legal Intelligence offering to include more authoritative research and advisory services for legal professionals.”