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.
Incisive was once one of Britain’s biggest business magazine publishers, and was listed on the London market until a debt-fuelled takeover led by the buyout house Apax in 2006.