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CloserStill sold for 13-16x EBITDA
After a year of industry disappointment at the apparent failure of the world’s fourth largest trade show organizer, Clarion Events, to find a buyer, this week's sale of the 18-year-old…
RELX superstar Mark Kelsey bows out
Mark Kelsey, CEO of what is now the largest and most profitable division of RELX, is retiring after 43 years. For the past 14 years, he has been leader of what had successively been the…
How Bauer is moving on from magazines
Bauer is the 151-year-old, family-owned media group whose distinctiveness infuriates its rivals. In the 1980s, when it started to publish magazines outside Germany, its storming success in the…
DealMakers: All about US deals
Six of this month’s eight acquisitions are US businesses, continuing the growing dominance of the US in exhibition M&A. In 2024, 29% of all M&A transactions were US businesses (or…
The most successful magazine editor of all time…
You may not have heard of Gilbert Hovey Grosvenor, the most successful magazine editor of all time. Grosvenor died 60 years ago in 1966 at the age of 90. This means that he was born when…
How tech media is fighting for the future
Informa TechTarget, the Nasdaq-listed B2B tech information and events company, 57% owned by Informa, may finally be gaining traction. A series of post-acquisition financial disappointments are…
Telegraph becomes Axel Springer flagship
Axel Springer, the $3bn Berlin-based, transatlantic, family-owned news group, was this week cleared to acquire the UK's Telegraph Media Group (TMG). Approval came scarcely a month after…
Mark Allen B2B in a spin
Mark Allen Group (MAG), the privately-owned, UK-based B2B, has recorded an increase in revenue but a fall in profits for the third consecutive year. In the 12 months ended 31 March 2025, it…
Will USA Today sell Newsquest?
USA Today Inc, the largest newspaper publisher in the US (by total daily circulation), may be considering the sale of its UK subsidiary, Newsquest. The parent company (formerly known as…
Who will pay $1.7bn for CloserStill trade shows?
May 1: CloserStill has been acquired by Searchlight Capital (co-owners of Hyve Group) at a valuation of $1.73bn (£1.35bn) , which makes it the second largest trade show deal of all time, after…
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