VGC Partners closes fund at over £50m to invest in consumer, media tech

Growth capital investor VGC Partners has closed its Fund II at £50.3 million, to target UK-based consumer, media and tech companies. The firm, which currently has about £100 million of assets under management, has been supported by a £30 million commitment from the British Business Bank through its Enterprise Capital Funds (ECF) programme for early stage venture capital. Additional funds have been secured from private investors and high-net worth individuals

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Northstar Travel to acquire Centaur’s travel shows

According to Colin Morrison’s Flashes&Flames It is believed the US-based Northstar Travel Group is poised to acquire three UK exhibitions – The Business Travel Show, Meetings Show, and Travel Technology Europe – from Centaur Media. The annual two-day events are one part of the Centaur portfolio put up for sale as it prepares to focus on its core XEIM marketing services group, which includes Marketing Week, eConsultancy, Festival of Marketing, and Oystercatchers

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Accenture Interactive Acquires Netherlands’ Storm Digital

Accenture Interactive is acquiring digital shop Storm Digital to expand the network’s presence in Europe. Founded in 2006, the agency specializes in data collection, audience analytics, search, social and programmatic advertising services, media planning and buying, content creation, dynamic creative services and digital business services. The 90-person agency’s client roster includes ABN AMRO, Exact, KLM, Rituals and Transavia. 

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Terrapinn acquires two events in Australia

Terrapinn [www.terrapinn.com], the global events company, announced today that it has acquired Accounting Business Expo [https://www.accountingbusiness.com.au] and Accountech Live [https://www.accountech.live], the two market leading exhibitions in Australia for the Accountancy and Finance Management profession

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Gannett Sells The Big Lead To Minute Media

Gannett has sold sports, media and pop-culture website The Big Lead to Minute Media. Minute Media president Rich Routman told Morning Consult the company wants to land one media deal similar to The Big Lead acquisition every quarter this year, particularly in the technology, food and lifestyle space.

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ReedPOP Adds Florida Supercon To Its Family Of Pop Culture Conventions

ReedPOP, the world’s largest producer of pop culture events and part of Reed Exhibitions, today announced that Florida Supercon will be joining its family of global fan conventions.  Florida Supercon is an annual convention held in Miami, Florida celebrating comics, superheroes, science fiction, anime, cartoons, video games, wrestling and all things pop culture.

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Inflexion acquires Times Higher Education

Inflexion Private Equity is pleased to announce that it has acquired Times Higher Education (“THE”) from TPG Capital (“TPG”). THE, formerly part of Tes Global, has been carved out as an independent entity as part of the investment from Inflexion. The investment was made by Inflexion’s dedicated mid-market buyout funds.

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Haymarket Media, Inc. Acquires National Association for Continuing Education (NACE)

Haymarket Media Inc., today announced the acquisition of Plantation, FL-based National Association for Continuing Education (NACE), specialists in accredited Continuing Education programs for medical and mental health professionals. NACE joins two other Haymarket divisions—Haymarket Medical Education (HME) and global medical education website myCME—to expand Haymarket’s Continuing Education (CE) offerings.

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Dennis Publishing Buys Kiplinger

Dennis Publishing, the U.K.-based owner of The Week, has acquired 99-year-old Kiplinger Washington Editors Inc. Terms of the deal have not been disclosed. But among the assets changing hands is Kiplinger’s flagship brand, Kiplinger Personal Finance, which carries a monthly circulation of 600,000, and has been continuously published since 1947.

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DMGT confirms media speculation about the future of their Euromoney stake

Reuters) – The owner of Britain’s Daily Mail newspaper said on Monday that it is considering options for its stake in Euromoney Institutional Investor Plc, but has not yet held discussions with anyone. Daily Mail and General Trust Plc holds more than 49 percent of Euromoney, which provides business-to-business information, and is its largest shareholder and founding investor.

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Hearst Magazines acquires Clevver

Hearst Magazines has bought pop-culture news brand Clevver from Defy Media, which shut down in November. Financials were not disclosed. The deal brings Clevver’s YouTube audience of over 15 million subscribers to the legacy publisher. The news was first reported by The Hollywood Reporter.

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