The Global Media Weekly for executives and entrepreneurs

Bridgepoint p.e. buys private equity media

B2B information. Europe-focused Bridgepoint private equity is buying the media it uses. It is to acquire a majority stake in PEI Media – a global provider of publications, data and business conferences on alternative asset class investment, named after its major brand Private Equity International. Details of the transaction have not announced, but the purchase price is rumoured to be £120m (some 18 x 2017 EBITDA of £6.5m). The £19m-revenue business is being acquired from its founders, management and minority equity shareholder, LDC. PEI was formed following a 2001 management buyout from Euromoney Institutional Investor plc. It has grown a diversified portfolio of alternative asset-focused publications, databases and events. Headquartered in London with offices in Hong Kong and New York, the company employs some 180 people and has clients in 80 countries. Its publications include PERE, Infrastructure Investor, Private Debt Investor, Private Equity International, Real Estate Capital, Private Funds Management, Agri Investor and Secondaries Investor. Its PEI 300 is an annual ranking of the “300 biggest private equity groups” worldwide based on how much capital they have raised for investment in the previous five years.

PEI Media