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.
Experience in working with all makes of cars and light commercial vehicles. Established for over 50 years. The Company has been established for over 50 years, operating a well-run, cash-generative, fully equipped body shop. In recent years, there has...
FREEHOLD
Extremely well-presented MOT and car repair business located in Winsford, Cheshire. The business was established over 50 years ago and our client has been trading for 30 years. During this time the seller has built up an excellent reputation, generat...
FREEHOLD
Covers a wide area including Greater Manchester, Liverpool & Leeds. Established blue chip Client base. Key sectors covered. Education, health care, commercial property & local authority. Staff are trained to the British standard Tag Abseil Supervisor...
FREEHOLD
|
20
|
|
Sep
|
Thomas Cook seeking 'last-ditch' fire sale | BUSINESS SALE
Thomas Cook Group is reportedly trying to piece together a l...
|
19
|
|
Sep
|
Smith & Williamson and Tilney to merge | MERGER
After revealing in August this year that talks were in place...
|
18
|
|
Sep
|
Infrastructure investment manager takes stake in LJLA | BUSINESS SALE
Infrastructure investment management group, Ancala Partners,...
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