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
Long time established security business which provides highly trained manned guarding operatives to its blue chip clientele. The company provides a total security solution for its high profile corporate clientele. Operating in the premium sector. Of...
LEASEHOLD
Operating in excess of 30 years print and embroidery specialists. This is a retirement sale. Offers invited.
LEASEHOLD
Large property portfolio. All properties are residential. All properties are in good order. Situated in a compact geographical area. Offers invited.
|
18
|
|
Jul
|
Filtermist International completes acquisition of industrial vacuum cleaner manufacturer | BUSINESS SALE
Filtermist International, an air extraction and filtration s...
|
17
|
|
Jul
|
Preston caravan manufacturer seeks buyer following administration | ADMINISTRATION
A caravan manufacturing business in Preston is on the lookou...
|
16
|
|
Jul
|
Farsound Aviation sold to AGIC for £115 million | BUSINESS SALE
A supply chain management company operating in the aviation ...
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