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.
Exponent Private Equity dashed to the finish line yesterday at it completed the acquisition of the leading horse and sports betting publication The Racing Post
The publisher of the Guardian and a private equity firm have cashed in £200m of shares in business media firm Ascential
The owner of trade magazine publisher Incisive Media is exploring a £100m sale, seven years after it was seized by its lenders in the aftermath of the financial crisis. Incisive, owned by the private equity firm Alchemy, is working with the City adviser Arma Partners on a strategic review that is expected to lead to an auction process, City sources said
Canadian buyout group Onex and Baring Private Equity Asia have agreed to acquire the units in cash. The share price of Thomson Reuters was up 1.3 per cent to $40.89 in out-of-hours trading at the time of writing. The intellectual property and science business provides information, support tools and services to governments, academia, publishers and corporations
After 71 years, Ebony magazine is changing hands. Johnson Publishing, the Chicago-based family company that launched Ebony and digest-sized sister magazine Jet in 1945 and 1951, respectively, has sold both titles to Austin-based private equity firm Clear View Group
The media company moves from one PE firm—the Wicks Group—to another. Northstar’s management team stays in place
In one of the largest B2B media transactions this year, Northstar Travel Group, which provides a broad array of products in the retail and corporate events markets, was sold from one private-equity firm—the Wicks Group—to another, Wasserstein Partners, Northstar CEO Thomas Kemp said today.
The agency network said the private equity firm won’t be involved in its day-to-day operations, but it will help its growth strategy
New York-based events firm Argyle Executive Forum, LLC has acquired business media company Innovation Enterprise from private equity firm Seguin Partners and minority stake owner The Economist Group
Leading commercial real estate B2B media and events firm looks to capitalize on a decade’s worth of rapid expansion
Bought by Time Inc. Veteran Eric Thorkilsen and a Private Equity Fund
Sky News has learnt that ICG (LSE: 138026.L – news) – also known as Intermediate Capital Group – has tabled an offer to buy a sizeable stake in Argus, which is one of the UK’s biggest privately owned companies. ICG, which provides private debt, credit and equity across a range of industries, is an unexpected interloper into what has become one of the City’s most hotly contested auctions so far this year
Hampshire, UK-based eDigitalResearch (edr) has been acquired by recently formed research, insight and advisory services provider MARU Group, for an undisclosed sum
Private equity group’s return on the value of its investment in used-cars site is nearly five times
UBM, which is looking to focus on its events operation, said it proposes to return £245m to shareholders following the deal.
Buyout firms are vying to take over Thomson Reuters’ science information business for around £2bn as the company seeks to slim down and invest in new technology.
The buyout titan Blackstone is leading the race to buy the Cannes advertising festival’s parent company as its current owner weighs the alternative of a £1.1bn stock market listing
Private equity firm Lonsdale Capital Partners has acquired a majority stake in Ocean Media Group, organiser of UK-based events, online solutions and a series of specialist publications.
Chime Communications could grow by at least 10 per cent per year organically under new majority owner Providence, CEO Christopher Satterthwaite has told PRWeek as the £374m sale of the sports marketing and PR group
