Centaur Media PLC has acquired Taxbriefs Holdings Ltd for a consideration of £1.9 million, payable in cash.
Taxbriefs is a leading provider of tax information and advice to the retail financial products community. It produces a variety of paid for financial publications and content-based marketing support materials for independent financial advisers (IFAs), life and pension companies, financial examination providers and tax specialists. Taxbriefs also organizes a number of technical conferences.
Taxbriefs was founded in 1975. The company directors were Danby Bloch, editorial director and with the company from the start; Mark Hayes-Newington, CEO; Helen Macdonald, publishing director; Robert McKay, non-executive director.
The announcement says, “Taxbriefs has established an excellent reputation over many years as a supplier of high need content to the IFA community. We are very excited by the opportunities that this acquisition is expected to bring. Under Centaur’s ownership, Taxbriefs will enjoy significant marketing advantages through its association with Money Marketing. In addition, following the recent launch of the Money Marketing Academy, the acquisition of Taxbriefs strengthens Centaur’s position as the leading provider of specialist information to support IFA training and professional development in the more demanding environment which is being introduced by the recent Retail Distribution Review.”
Location: UK, London