Centaur Media plc, has acquired Profile Group (UK) Limited a specialist digital information business for media, PR and marketing professionals, for a total cash consideration of £8m.
Centaur has separately secured a £40m four year revolving credit facility in order to fund its acquisition programme.
Profile (www.profilegroup.co.uk) provides forward planning and contact information to media, PR and marketing professionals to enable them to optimise journalistic workflow and plan future PR and sponsorship campaigns. Revenues are derived exclusively from subscriptions to a range of digital products which offer complementary services from a single web platform. Profile’s information brands include Fashion Monitor, Red Pages, Entertainment News, Year Ahead and Foresight News.
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