PE Hub Canada owner Buyouts Insider acquired by PEI Media
PEI Media Group has acquired Buyouts Insider and its portfolio of subscription-led information platforms and event assets from Simplify Compliance LLC.
Terms weren’t disclosed.
The acquired brands include Buyouts, Venture Capital Journal, PE Hub, PE Hub Canada, PartnerConnect events, Regulatory Compliance Watch and Credit Union Leadership Convention.
Based in London, PEI Media is an information and events provider to global private capital markets.
PEI Media was acquired in 2018 by European private equity firm Bridgepoint Development Capital. Simplify Compliance is backed by Leeds Equity.
PEI Media acquires PEHub, Buyouts, VCJ and PartnerConnect
April 8, 2019
PEI Media Group (“PEI”), the leading information and events provider to the global private capital markets, announced today that it has acquired a portfolio of subscription-led US focused information platforms and event assets from Simplify Compliance Holdings LLC.
The businesses PEI Media Group has purchased comprise Buyouts Insider with its affiliated premium information brands Buyouts, Venture Capital Journal and PEHub, the PartnerConnect events, Regulatory Compliance Watch, and the Credit Union Leadership Convention.
The acquisition substantially increases PEI‘s footprint in the United States, the largest and most dynamic marketplace for the company’s products and services, which historically has accounted for close to 50% of its global sales. It also further confirms PEI’s position as the pre-eminent global provider of information for investment professionals in alternative asset classes and related fields.
This is PEI’s first strategic acquisition since Bridgepoint Development Capital’s investment in 2018 in support of continued international expansion including further development of its business technology platform, digital product set and range of subscription offerings.
PEI was advised by Raymond James, Squire Patton Boggs, EY and Plural Strategy.
Tim McLoughlin, CEO of PEI Media Group, said: “We see huge potential for growth in this portfolio of longstanding, high-quality subscription brands. These acquisitions immediately transform our presence in the US marketplace both commercially and in terms of talented personnel. Buyouts Insider, PartnerConnect and Regulatory Compliance Watch are a close-to-perfect overlap with our existing private market enterprises. The Credit Union Leadership Convention is the leading event in a large and important US financial sector that represents new opportunities for our group. We are delighted to be bringing it onto our platform as yet another large-scale, premium conference for financial services professionals.”
Colm Gilmore, Managing Director – Americas, commented: “This acquisition is testimony to PEI being a business that ‘invests to grow’. The brands and products joining us today are highly regarded by their customers, and we look forward to working with the successful teams that have been growing them to date, and to seeing the combined business grow further, faster.” Financial terms of the transaction were not disclosed.