Incisive Media is to acquire MSM International, the publisher of financial services magazines, for £22m.
MSM is a publisher of targeted weekly and monthly financial services magazines, including Professional Pensions, and accompanying web sites, exhibitions, conferences and annual awards events.
Nick Rapley, Managing Director of Incisive Media’s Investment Division, said: ‘Incisive Media is constantly working to ensure its products reflect the changes in distribution and meet the changing needs of both readers and advertisers. The acquisition of MSM allows Incisive Media's Investment Division to offer a broader coverage of the asset management industry - notably the pensions and wider retail investment markets. Incisive Media already covers the mid to top end of the investment market with a market leading title, Investment Week. This will now be complemented by Professional Adviser which will retain and deepen its focus on the middle and mass market for the distribution of investment products. These two leading weekly magazines will be supported by Incisive’s websites investmentweek.co.uk and by ifaonline.co.uk. MSM also brings two very strong pensions brands, Professional Pensions and Global Pensions, and three other titles in markets related to those we already serve. Incisive Media will further invest in these high quality titles to develop their proposition and take advantage of the changing dynamics of the pensions markets in particular.”
