Sun, 15 Apr 2018 | BUSINESS SALE
FC Business Intelligence, which organises events around the world for the energy, pharmaceutical and insurance industries, is reportedly up for sale for between £70m and £80m.
According to a report in the Sunday Times, the directors of FC, as it is known in the industry, have appointed Clarity, the corporate finance boutique, to carry out a strategic review and examine the possibility of a trade sale.
The company was set up 28 years ago by Guy Grant with a focus on emerging markets. Grant still remains chairman of the company with a sizeable stake.
Since then the business has grown organically in influence and size. The London-based business regularly bills £25m of annual revenue and runs around 200 events across the world. Although the bulk of its earnings comes from conferences, the company is seeing seeing rapid growth in subscription services, publishing activities and bespoke research consultancy.
However many of its larger competitors have been growing even faster through acquisitions and takeovers, in an industry which has experienced heavy consolidation of late. Ascential (formerly EMAP) is in the throws of selling its event and exhibitions business for £300m. Earlier this year Informa announced a merger with UBM, creating a listed £9bn events giant. Clarion Events just announced its £210m acquisition of US events business PennWell.
Core services provided by the business include road sweeping, drain jetting, gully emptying, jet washing and airport sweeping. Strong second-tier management team able to manage the day-today operations of the business. Offers invited.
FREEHOLD
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
Established 1981. Enviable reputation. Fantastic trading location. Semi-retirement sale. Offers invited.
LEASEHOLD
|
19
|
|
Jul
|
Outdoor activity centre completes MBO | BUSINESS SALE
An outdoor water activity centre has been successfully sold ...
|
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...
Sign up to receive our acquisition alert emails to get your FREE guide
|
27
|
|
Feb
|
Cannes organiser Ascential to sell exhibitions arm | DIVISION SALE
Ascential, the company that runs many of the world’s l...
|
15
|
|
Apr
|
New Scientist changes hands | BUSINESS SALE
Reed Business Information (RBI) has sold leading science mag...
|
21
|
|
Feb
|
Broadcaster buys greyhound stadia from William Hill | BUSINESS SALE
A broadcaster specialising in the supply of live racing pict...
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