Deals

Endeavor’s ninth acquisition since its launch last year, and largest to date, swells its portfolio to more than 40 B2B media brands.

Dennis Publishing, the U.K.-based owner of The Week, has acquired 99-year-old Kiplinger Washington Editors Inc. Terms of the deal have not been disclosed. But among the assets changing hands is Kiplinger’s flagship brand, Kiplinger Personal Finance, which carries a monthly circulation of 600,000, and has been continuously published since 1947.

Reuters) – The owner of Britain’s Daily Mail newspaper said on Monday that it is considering options for its stake in Euromoney Institutional Investor Plc, but has not yet held discussions with anyone. Daily Mail and General Trust Plc holds more than 49 percent of Euromoney, which provides business-to-business information, and is its largest shareholder and founding investor.

Hearst Magazines has bought pop-culture news brand Clevver from Defy Media, which shut down in November. Financials were not disclosed. The deal brings Clevver’s YouTube audience of over 15 million subscribers to the legacy publisher. The news was first reported by The Hollywood Reporter.

Several private equity firms – including TPG, Apax, Bain Capital and Cinven – are considering making a bid to buy marcoms giant WPP’s market research division Kantar, according to an article in yesterday’s Sunday Times.

Comexposium has announced the addition of Indonesia Motorcycle Show (IMOS) to its already successful joint venture partnership with Amara Pameran International (API). IMOS, the biggest motorcycle show in Indonesia will pave a new positive energy under the direction of Seven Event, Indonesia’s renowned professional exhibition organizer (PEO), the joint venture platform of Comexposium and API.

Euromoney Institutional Investor PLC (“Euromoney”), the global business information and events group, announces that it has today completed the acquisition of The Deal, LLC, comprising BoardEx and The Deal, from its parent company, TheStreet, Inc. on the terms set out in its announcement of 6 December 2018.

Future has acquired two specialist media brands cyclenews.com and Procycling magazine.

Immediate Media Co, the special interest content and platform company, is to acquire Upper Street Events Ltd, one of the UK’s leading producers of consumer enthusiast events. The terms of the transaction were not disclosed.

Savanta have announced the acquisition of the Custom Research division of Wealth-X (formerly Ledbury Research).  Following the move, Savanta will be home to a 12-strong Wealth & Luxury Practice led by Torie Bold who will be supported by Winston Chesterfield and a team of 10 Consultants. 

Anthem Publishing Ltd has acquired Healthy Diet magazine from Aceville Publications Ltd. The title joins Anthem’s portfolio of award-winning specialist food magazines, including Vegan Food & Living, Simply Vegan, Gluten-Free Heaven and Baking Heaven.

Mercator Media Limited (Mercator) has agreed to purchase the Marine & Coastal Civil Engineering Expo (M&CCE Expo), from the Prysm Group. M&CCE Expo, Europe’s leading event showcasing the latest equipment and techniques in marine civil engineering and construction, is to co-locate with Seawork, Europe’s leading event showcasing the latest equipment and techniques in marine civil engineering and construction

Vivendi (Paris:VIV) today announced the closing of the acquisition of 100% of the share capital of Editis, the second-largest French-language publishing group. The share purchase agreement with the vendor, Spanish group Planeta, was entered into on November 15, 2018, based on an enterprise value of €900 million. The French Competition Authority authorized the transaction unconditionally on January 2, 2019.

Informa, the International Exhibitions, Events, Business Intelligence and Academic Publishing Group, today announces the divestiture of the Life Sciences Media Brands Portfolio that was previously part of UBM plc, to MJH Associates, a leading US-based, independent full-service healthcare education, market research and multi-channel medical communications company, for a consideration of just over $100m.

DVV Media International Ltd has acquired Heavy Lift & Project Forwarding International (HLPFI), the leading magazine and website serving the logistics sector for over-dimensional and/or heavy cargoes.

Reed Exhibitions announces definitive agreement to acquire Mack Brooks Exhibitions, opening window to new value for customers on three continents

According to the FT the hedge fund-backed US newspaper group known for hollowing out American newsrooms in its pursuit of cost cuts has proposed a takeover of USA Today owner Gannett, valuing the company at $1.4bn.

According to the Daily Mail: City sources said Mack Brooks, which stages exhibitions and conferences for the transport, chemicals and packaging industries, has been working with PricewaterhouseCoopers advisers on a potential sale in recent weeks. Bankers say publishing giant, the RELX group, has been toughing it out with private equity firm Inflexion in the final stages of a sale process.

FIPP’s annual review of magazine M&A last year. In this industry, change is constant. Though, over the last number of years, we’ve seen increasing numbers of mergers and acquisitions on the media landscape. 2018 was no different, with magazine media marketplaces restructuring, consolidating and diversifying. “You’ve got that kind of thing going on where everyone’s for sale,” Tony Haile, Scroll CEO, told Joe Pompeo at Vanity Fair.

Hachette UK has acquired the Sheldon Press, a specialist medical, mental health and self-help imprint of the Christian knowledge publisher SPCK. It will become part of John Murray Learning. The deal was completed following the signing of an agreement between SPCK’s board and Hachette UK on Wednesday (2nd January). The sum paid for the list was undisclosed.