Sun, 08 May 2016 | BUSINESS SALE
Immediate Media, the publisher of Radio Times, BBC Top Gear magazine, You & Your Wedding, BBC Gardeners’ World, Match of the Day, BBC Good Food Magazine, Triathlon, Urban Cyclist and other consumer magazines, is being readied for auction within weeks.
According to the Sunday Times, the publisher may fetch its private equity owner Exponent around £300m in a trade sale. Exponent is believed to have been talking to several potential advisers to help facilitate the auction process and will make a choice before the end of May.
Immediate Media is said to make net profits of around £40 million a year across 70 brands, selling around 74 million magazines a year. It employs 1,100 staff at offices in Bristol, London, Manchester and Camberley.
Its flagship publication Radio Times was recently been named Media Brand of the Year at the 2016 British Media Awards. With an ABC of 732,765 it retains its position as the most valuable brand on the UK newsstand. It also has a healthy 9.1 million online visitors a month.
Immediate Media was put together in 2011 as a merger between Origin Publishing, BBC Magazines and niche magazine publisher Magicalia. Exponent is now keen to crystallise profits on its investment after steadily increasing profits over the past five years.
Click here to view other media businesses for sale
The Company provides the airport industry with a wide range of capacity and demand consultancy services. The company can analyse, model, forecast and optimise the flow of people, baggage and vehicles throughout the airport environment, from airside t...
Highly profitable Family Run Business, that has been in the same hands for over 20 years. Operating out of Leasehold premises the business is easily relocatable, many of the subcontractor workforce has been working with the company for many years. Of...
LEASEHOLD
This is a very exciting high end opportunity with many different income streams from phone, computer, tablet sales and repairs. The business has been trading for 8 years and enjoys a substantial turnover which is derived from shop sales selling phone...
LEASEHOLD
|
15
|
|
Nov
|
Carpetright agrees to shareholder takeover deal | BUSINESS SALE
Carpetright has agreed a deal to be taken over by its larges...
|
14
|
|
Nov
|
Scale manufacturer taken over in MBO | MBO/MBI
Weighing scale manufacturer Marsden Weighing Group has been ...
|
13
|
|
Nov
|
Brighton energy firm appoints administrators | ADMINISTRATION
Brighton-based utilities company Toto Energy has gone into a...
Sign up to receive our acquisition alert emails to get your FREE guide
|
08
|
|
Sep
|
Quorn business for sale at £500 million | BUSINESS SALE
The Quorn business is up for sale with a price tag of £...
|
16
|
|
Feb
|
Deal for Big Bus Tours expected soon | BUSINESS SALE
The founders of the open-top sightseeing tours company Big B...
|
12
|
|
Jun
|
Major stake sale for Ambassador Theatre Group considered | BUSINESS SALE
The private equity backer of Ambassador Theatre Group is tak...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources