Press Release: Huntsworth plc, the healthcare communications and public relations group (“Huntsworth” or “the Group”), today announces the acquisition of the entire share capital of The Creative Engagement Group (“TCEG”) from funds managed by LDC (Managers) Limited (“LDC”) and certain members of TCEG’s management for total consideration of £24.7m
Press Release: One of the few remaining independent publishing ‘jewels’ has been acquired by the Mark Allen Group (MAG) in its bid to enhance its business-to-business portfolio. Kent-based Unity Media Plc and its sister company, Unity Exhibitions Ltd, have been snapped up by MAG for an undisclosed sum.
In a RNS this morning Electric Word has announced that it has agreed to its sale to a newly incorporated company controlled by owned and controlled by Riccardo Silva and Marco Auletta of Silva International for a total sum of approximately £16.58m. Since disposals of other assets last year Electric Word’s sole business has been SportBusiness, a name which the business will now revert to.
American Media said it will acquire Men’s Journal from Wenner Media, marking the second magazine deal that the two companies have done in recent months.
Press Release: The Chelsea Magazine Company has acquired Popshot Magazine, a contemporary illustrated literary magazine that publishes short stories, flash fiction, and poetry for up-and-coming authors and illustrators. The magazine is published bi-annually, releasing a new issue every April and October, each with a different theme. The Print Edition is stocked in 24 countries worldwide with the Digital Edition and Online Journal available online via the Popshot Magazine website
Briefing Media announced on Friday that The Media Briefing is to close and that its two leading events are to be owned and hosted by Haymarket in future
Yesterday One of the world’s biggest health and wellness media companies has vaulted spryly on to the auction block. On Wednesday, Rodale, Inc., publisher of Men’s Health, Women’s Health, Prevention and Runner’s World, among other titles, announced that it is considering “strategic alternatives” for the company, including a potential sale
Vice Media has completed a $450m investment from TPG, the private equity group, in a deal the youth-focused company said valued it at $5.7bn — more than double its valuation of three years ago.
Press Release: MUMBAI, India, May 24, 2017 /PRNewswire/ — Havas Group is expanding its capabilities and footprint in the important and burgeoning Indian market by adding Sorento to its roster of agencies. Sorento will integrate the Havas Health & You business unit and be rebranded Havas Life Sorento. This strategic acquisition will allow Havas to further develop its regional presence and add to its depth and breadth in India to deliver for global clients.
Press Release: Ascential plc (the “Group” / LSE: ASCL.L), the global business-to-business information company, today announces that it has agreed the sale of the remaining 11 UK-based Heritage Brands to Metropolis International Limited for a consideration of £23.5m, payable in cash and subject to normal working capital adjustments. The sale has completed and the proceeds will be used to reduce Ascential’s net debt. On 5 January 2017 the Group announced that it had separated 13 Heritage Brands into a new operating entity and that these brands would develop an independent business strategy while new owners were sought.
Informa Exhibitions forms a joint venture company with the organizer of the Inter Health Expo in Guangzhou on 16 May 2017. Inter Health is an international annual B2B trade show launched 14 years ago on nutrition and health food products, held at the Guangzhou Import and Export Fair Complex. Being the first of its kind in introducing ‘big health’ concept onto a trade show platform in China, Inter Health Expo is the largest health food exhibition in China
Press Release: UDG Healthcare has announced the acquisition of Sellxpert, a German and Swiss contract sales outsourcing business, based in Speyer, Germany and Basel, Switzerland, respectively
Fairfax Media appears extremely close to being declared ‘on the market’ as a new bidder, Hellman & Friedman, entered the auction room on Wednesday night with an indicative offer that trumped the TPG offer already on the table. This could easily mark the start of a bidding war between two US private equity groups, likely to move the 176-year-old media group into foreign hands.
Press Release: Stockholm, Sweden: 17 May 2017: Readly, the digital magazine newsstand, today announced it has raised €13m in additional funding to drive the next stage of its development. The series B funding has been provided by funds managed by Zouk Capital and Hermes GPE as well as from existing shareholders. Channel 4’s Commercial Growth Fund and Aggregate Media Fund have also participated in the round. The company will use the funds to further its international expansion and support growth in its existing markets.
MA Exhibitions Limited, the exhibition arm of the Mark Allen Group, has completed its acquisition of the UK’s largest special educational needs show, TES SEN Show, from TES Global Limited. Under the terms of the deal, TES Global has agreed to licence its name to MA Exhibitions for an undisclosed period.
Epiris’ portfolio company AXIO Group scored a 5-times return and a 79 per cent IRR through the £455m sale of TechInsights to Oakley Capital. TechInsights is an intellectual property and technology service provider, offering consulting, patent brokerage and technical reverse engineering.
In Austria, marcoms giant Dentsu Aegis Network has acquired full-service media agency media.at, which provides consulting, research and data analysis relating to comms strategy, ad planning and buying, and ad verification. Terms of the deal were not disclosed.
EQT VI Limited (“EQT VI”) has entered into an agreement to sell Bureau van Dijk (or the “Company”) to Moody’s Corporation (“Moody’s”) for an enterprise value of EUR 3.0 billion
As part of an announcement about earnings, Time inc CEO, Rich Battista suggested it will cut costs by selling “non-core assets,” but did not give further details
Event revenues surpass print revenues as Northstar takes on 10 hospitality events.
