The Global Media Business Weekly

Bonhill buys Last Word Media

B2B information. Bonhill Plc, the AIM London listed B2B media business and owner of Investment News,  is to acquire Last Word Media, paying an initial consideration of £8m (£6m cash and £2m shares). An earn-out may add a further £2m over the next two years. Last Word is an international B2B media business supplying information to the global asset management industry. It was launched in the UK in 2005 and currently has 71 staff in London 11 in Asia. Almost 60% of revenues are derived from events, the remainder from business information, data and content. Total revenue for 2018 was £10.2m with EBITDA at £1.1m. Bonhill focuses on three sectors: technology, diversity and financial services. Financial titles include consumer brands What Investment and Growth Company Investor in the UK, and Investment News in the US.

Bonhill Group