F+W Media Announces Acquisition of Aspire Media

Aug 01, 2012

Aspire Media, the parent company of Interweave Media, has been acquired by F+W Media, a content provider for print and digital media. Interweave is a multiplatform art and craft enthusiast media company and was acquired by Aspire in 2005. Interweave owned and operated 33 websites, 10 online stores, 30 special newsstand publications, and also sponsors 3 craft-themed television shows on public television.

F+W sees this acquisition as a way to further strengthen the company's position in the world of craft enthusiasts. The Jordan Edmiston Group represented Aspire Media in negotiations. Terms of the deal were not disclosed.