Bisnow, a trade publication and events company that launched in Washington DC nine years ago, has been acquired by the private equity firm Wicks Group for $50 million, according to Fortune Magazine.

Started by Mark Bisnow and his son Elliott, Bisnow produces newsletters, a website, and local events all focused on the commercial real estate market. The company, now based in New York, makes most of its revenue on sponsorships and tickets to the 300 events it organizes annually. Bisnow hosts 25 events per year in D.C alone.

Bisnow has not disclosed its revenue, but in 2013, it had $13.8 million in sales with a three-year growth rate of 258%, according to Crain’s New York. Mark Bisnow stepped back from his CEO role 2013; Will Friend is now CEO. The company operates in 27 cities in the U.S. and Canada and has 75 employees.

Wicks Group will expand the company, which also operates in Canada, to new international locations, Friend said. Elliott Bisnow will leave the company as part of the deal.

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