Ascential plc (LSE: ASCL.L), the global specialist information company focused on the digital economy, announces the acquisition of Flywheel Digital LLC (“Flywheel”), a leading US-based provider of managed services to consumer product companies trading on Amazon, for an initial cash consideration of $60 million plus earn out payments payable over three years.
German broadcaster Prosieben has acquired US online dating website Eharmony in the first major deal since it launched an e-commerce partnership with investment firm General Atlantic.
Touch Medical Media Announce the Acquisition of Heart International, a Leading Cardiology Journal, and Form a Strategic Partnership with Interventional Academy, Owner of the Complex Cardiovascular Catheter Therapeutics (C3) Global Summit
CloserStill Media has acquired a majority stake in Focuszone Media, Inc., operating as The eLearning Guild, for an undisclosed sum. The eLearning Guild has a 40,000+ membership community of learning and development professionals in the United States and around the world.
UK-based Tarsus Group has bought the remaining 50% share of its joint venture in Mexico with E.J. Krause for $18m. The global organiser has also announced deals in Southeast Asia and the United Arab Emirates.
Terrapinn, the global events company, announced today that it has acquired Solar and Storage Live from Solar Media. Solar and Storage Live is the UK’s leading solar and storage exhibition, conference and awards.
Private Equity Funds managed by Blackstone announce the acquisition of the National Exhibition Centre Group , a leading live events venue operator in the UK, from LDC, the private equity arm of Lloyds Banking Group.
Johnston Press, which owns titles include the i newspaper, the Scotsman and the Yorkshire Post, has put itself up for sale. The beleaguered publisher, which owns almost 200 regional newspapers, had become bogged down in negotiations with bondholders over a £220m refinancing due in June that it cannot afford.
ehi Live 2019 will be fully incorporated into the next Digital Healthcare Show, which is part of the Health+Care series of events held on 26-27 June, 2019 at London ExCeL. This change follows the show’s sale to event organisers, CloserStill Media.
Skift have announced that they are acquiring the 14-year old newsletter Airline Weekly and its related assets. AW is a subscription-only publication, built by the original team of Jay Shabat, Seth Kaplan, and Jason Cottrell into a highly influential global read consumed by CEOs and senior executives in the airlines sector. It’s paid for by readers who want a more interesting, deeper, and comprehensive read about the ins and outs of the airline business. We will build on its expertise to both deepen and expand it in various ways.
ITE, one of the world’s leading organisers of international exhibitions and conferences, today announces that it has entered into an agreement to acquire the business and assets relating to Mining Indaba from Euromoney Institutional Investor for £30.1 million, on a cash-free, debt-free basis and subject to normalised working capital
Huntsworth plc, the healthcare and communications group, today announces it has entered into a conditional agreement to acquire 80% of Navience Healthcare Solutions LLC (“Navience”), an independent payer advisory and marketing agency, for an initial cash consideration of $24m (the “Initial Consideration”). It is intended that the Initial Consideration will be funded by a placing of new ordinary shares in the capital of the Company (the “Placing”), to raise approximately £18m, with any proceeds in excess of the Initial Consideration to be used to pay expenses relating to the acquisition and the Placing.
DC Thomson Media has announced the acquisition of Aceville Publications, a Colchester based magazine publisher. This is the largest acquisition within the Media business for a number of years and will materially change the landscape for DC Thomson Media.
Accrording to The Daily Mail the company that runs the London Vet Show and a number of other events, could be about to change hands for up to £300million amid a frenzied year of buyouts in the events and exhibitions sector. City sources said the private equity owners of CloserStill Media have appointed bankers from DC Advisory Partners to find a buyer for the business.
Comcast has triumphed over 21st Century Fox and Walt Disney in the auction for Sky with a £30.6bn bid in a deal that will redraw the global media landscape. Comcast’s £17.28 a share bid beat a rival £15.67 a share bid from Fox, which was backed by Disney, and came in the third and final round of an auction when each bidder was asked to make their best offer for the broadcaster. The Comcast offer values Sky at almost £4bn more than the Disney-Fox bid
ITV has entered the bidding for Endemol Shine, the $4bn (£3bn) independent production giant behind programmes such as Big Brother, The Fall, MasterChef and Peaky Blinders
Future Publishing Australia (part of Future plc, the global media group), has acquired technology brands PC PowerPlay, Hyper and PC & Tech Authority from nextmedia. The acquisition of these titles will include the magazine portfolios, digital editions, Upgrade events and Australian PC Awards.
Questex, the Newton, Mass.-based publisher and trade show producer serving the travel-hospitality and technology spaces, among others, has been acquired by private equity firm MidOcean Partners from Shamrock Capital, which had owned the company since 2014. Financial terms were not disclosed.
Emerald Expositions Events, Inc. (NYSE:EEX) (“Emerald”), a leading U.S. business-to-business trade show, event and conference producer, today announced the acquisition of a leading technology event and a group of complementary technology intelligence brands from EH Media for approximately $28 million in cash. The acquired brands have delivered impressive organic growth in recent years, driven by increases in digital revenues, now representing approximately half of total revenues, as well as solid event revenue growth.
ITE Group plc today announces the proposed disposal of ITE Expo LLC (“ITE Expo”), the operating company for 56 of the Group’s Non-Core, regionally-focused, smaller events in Russia, to Shtab-Expo LLC (the “Purchaser) (the “Transaction”). These events comprise a significant proportion of the Group’s Non-Core assets in Russia. This disposal is a major step in delivering a key pillar of the Group’s Transformation and Growth (TAG) programme to focus on must-attend International events by actively managing its portfolio.
