Primedia, a resource for consumers in search of housing, has agreed to sell itself to private investment firm TPG Capital for $525 million including debt. The deal marks the exit of Primedia’s majority shareholder, private equity firm Kohlberg Kravis Roberts & Company, which has owned the media business for 22 years.

Formerly K-III Holdings, Primedia was formed in 1989 by KKR, Assets. It once included New York and Seventeen magazines and About.com. According to The New York Times, nearly $2 billion in debt forced Primedia to exit the magazine business and sell About.com to The New York Times Company. The company now operates ApartmentGuide.com and NewHomeGuide.com.

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