Bobit Business Media has bought the Texas based brand Industrial Fire World which reaches 20k readers in the fire and emergency sectors. The company will use the acquisition to launch its own iFIRE International brand which will deliver news, information and training to firefighters via conferences, digital media, magazines and other media. Industrial Fire World…
After NY deal will Vox go global?
In a deal which will surely inspire many others, digital publishing star Vox Media is acquiring New York magazine. The all-share deal is thought to value the 51-year-old, very digital, twice-monthly magazine at $105m (1 x revenue). It is likely to give the Wasserstein family owners a shareholding of 15-20% in the enlarged Vox Media,…
Jane’s sold to private equity
Montagu Private Equity is acquiring the London-based Jane’s data and intelligence provider to the defence and aerospace sector, from IHS Markit, in a deal exclusively forecast by Flashes & Flames last month. The price is believed to be $470m. Jane’s was founded in 1898 and has over 300 staff with a further 600 global contributors….
Easyfairs acquires Milan packaging show
Easyfairs, the Belgium-based, top 20 global events organiser has acquired a majority stake in European event Packaging Premiere which next takes place in Milan in May 2020. The show has grown substantially since its launch in 2017, with the third edition in 2019 claiming 242 exhibitors, 13,000 square metres and 6,700 visitors. It is focused…
Tarsus buys China glass events
The UK-based, now private equity-owned Tarsus exhibitions group has bought a 70% stake in the Shenzehen Zhong Xin Cai Exhibition company who organise the Touch China and 3D Glass Expo events. It is Tarsus’ first acquisition since its £560m acquisition by Charterhouse Capital, and its first foray into the Chinese electronics sector. Touch China was launched…
PCH buys Topix
Publishers Clearing House (PCH), of the US, has bought Topix to double its scale in the field of online entertainment and commerce. Topix is a quiz and slideshow site focussing on celebrity, entertainment and news. The California based tech company has 2.8bn page views per month with 18m monthly unique visitors, spending an average of…
B2Digital buys US events
B2Digital Inc, of the US, has acquired Mixed Martial Arts (MMA) events company Strike Hard Productions. Strike Hard has organised more than 50 live MMA events in Alabama and Mississippi. The deal comprised cash and shares. Strike Hard now becomes part of theB2Fighting Series brand which includes other fight sports events along with MMA news…
Geniuslink buys shop site
Geniuslink has bought the assets of Kit. com from Patreon. Kit is a commission-based social shopping site, founded in 2015, allowing users to bundle items into kits which they recommend to followers. Content creators include well known YouTubers selecting their favourite camera peripherals, or podcasters showcasing their preferred equipment. The site has 2.3m monthly visitors; prior…
Newcom buys magazines
Newcom Media Inc, the family-owned Canadian B2B publisher and operator of websites and event brands, has bought a number of magazine titles from TC Transcontinental including: Investment Executive, Finance et Investissement, Adviser’s Edge and Conseiller. Transcontinental is also selling titles to Pierre Marcoux, son of the company’s founder, including: Benefits Canada and Les Affaires. Marcoux…
Cofina buys into Portugal TV
Portuguese newspaper publisher Cofina has bought Portuguese TV channel Media Capital from PRISA, its Spanish owner. The consideration was €225m plus €75m debt. Media Capital was founded in 1992 and owns: TVI which operates a range of channels reaching 10m Portuguese speakers globally; MCR, Portugal’s major radio group; Media Capital Digital which has 390m visitors…
