Mark Allen Group to acquire Community Care from RBI

MAGMA Education, a part of the Mark Allen Group, is to acquire Community Care, from Reed Business Information, part of RELX Group. The terms of the deal were not disclosed.

Community Care is a digital, subscription-based resource for social workers. It works through two platforms: Community Care Inform Children and Community Care Inform Adults.

For Mark Allen himself Community Care has come full circle. He was the launch editor in 1974 of what was then a news-orientated and jobs-based magazine. Subsequently, he became the magazine’s publisher.

He said: “This really is a dream come true. RBI launched Community Care at exactly the right time and it rapidly became a well-respected, award winning and highly profitable magazine. Editing Community Care at a young age was a pivotal moment in my career from which I have prospered. I never thought that one day I would own this outstanding brand.

Mark Allen Group will see revenues rise to nearly £45 million at the end of this financial year, net profits approaching £6 million and EBITDA to £8 million.

Community Care is the third acquisition the group has made this year. A few months ago, the company purchased the largest special educational needs exhibition, TES SEN Show, from TES Global Ltd.

In June the company acquired Unity Media and Unity Exhibitions, which has a number of magazines and a major exhibition, the RCI Show, in the built environment.

UK, London

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Haynes acquires the E3 Technical business from Carweb

haynesHaynes Publishing Group has reached agreement on the acquisition of the E3 Technical business from Carweb Ltd., a Solera UK subsidiary. Haynes is paying £4.72 million payable in cash on completion

The E3 Technical business consists of repair and maintenance information, vehicle registration mark look-up and an associated provision of helpdesk services. The Transaction includes the acquisition of customer contracts, and employees from Carweb.

Commenting on the Transaction, Eddie Bell, Chairman of Haynes, said “this acquisition will significantly strengthen the Group’s professional data solutions offering in the UK and provide cross over benefits for Haynes’ consumer division.”

UK, Yeovil, Somerset

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Informa acquires Dove Medical Press

DoveInforma PLC has acquired Dove Medical Pressa privately held company specializing in the publication of Open Access peer-reviewed journals across the broad spectrum of science, technology and especially medicine. The terms of the deal were not disclosed.


Dove Medical Press was founded in 2003 with the objective of combining the highest editorial standards with the ‘best of breed’ new publishing technologies. The company 
has offices in Manchester and London in the United Kingdom, representatives in Princeton, New Jersey in the United States, and editorial offices in Auckland, New Zealand. 

Stephen A. Carter, Informa Group Chief Executive, said: “The addition of Dove Medical Press adds strength and capability to our OA portfolio, further increasing choice and flexibility for researchers across a widening range of subject areas. Its track record, publishing platform and growing reputation in Health Sciences enhance our Journals business, strengthening our position in the attractive and growing OA market.”

Dove Medical Press is an independent OA journals publisher, founded in 2003, producing a range of quality OA journals, mainly in Health Sciences, with additional content in Science and Technology. A large proportion of its journals are indexed by the Web of Science and PubMed and a growing number have established and improving impact factors. Leading titles include OncoTargets and Therapy, International Journal of Nanomedicine and Clinical Ophthalmology. 

The company has offices in Manchester and London in the United Kingdom, representatives in Princeton, New Jersey in the United States, and editorial offices in Auckland, New Zealand. 

Financial details were not disclosed but the transaction is expected to be modestly accretive to adjusted earnings in the first full year of ownership and deliver a return on investment ahead of the cost of capital within three years.

UK, London & Manchester

Time Out Group acquires 80 Més 4 Publications

Time OutTime Out Group plc has acquired 80 Més 4 Publications, the Group’s Spanish licensing partner who currently runs Time Out in three cities in Spain.

 The Time Out brand launched in Spain in 2008 to cover Barcelona; Time Out Madrid followed in 2014 and Time Out Girona in 2016.

The business, acquired with cash and deferred share consideration, provides the Group with further growth and monetisation opportunities across e-commerce, advertising and Premium Profiles.

In August 2017, Time Out Group also added, at no cost, Time Out Singapore and Time Out Seoul to its network of owned and operated businesses which now comprises 76 cities in 20 countries. Including its licensing partners, Time Out has a worldwide presence in 108 cities across 39 countries.

Julio Bruno, CEO of Time Out Group plc, said: “Over the past several months, we have expanded Time Out Group’s footprint around the world as we continue to deliver on our strategy to grow our network of owned and operated businesses. We now have a strong presence in APAC and the acquisition of Time Out Spain will further consolidate our already significant presence in Europe.

UK, London & Spain, Barcelona

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XLMedia PLC acquires www.Moneyunder30.com for $7M

XLMediaXLMedia, a provider of digital performance marketing, has acquired www.Moneyunder30.com (“MU30”), a US focused price comparison website for financial services, for $7 million.

MU30 is a personal finance site providing information for young adults wanting to make informed financial decisions, particularly around credit cards, loans, mortgages and savings accounts. The acquisition of MU30 helps XLMedia’s to expand further geographically in North America and to expand its footprint in the financial services sector.  XLMedia’s recently acquired of www.Greedyrates.ca, a Canadian focused credit card comparison website.

Ory Weihs, Chief Executive Officer of XLMedia, said, “As a leading personal finance review site, MU30 is a known publisher in the US, and with its existing footprint and brand recognition, it represents an excellent opportunity for XLMedia to increase its North American presence and expand within the financial services market.”

UK, Jersey, St. Helier & USA, Yarmouth, MA

A Fusion Deal: Layer123 sold to Euromoney

layer123Layer123, a content and sponsorship-led events business focusing on innovation in the rapidly-evolving space of telecoms network strategy, has sold a 61% stake in the business to Euromoney. Fusion Corporate Partners acted as corporate advisor for Layer123. The Fusion team was led by Mark Eisenstadt, Director at Fusion. The terms of the deals were not disclosed. Euromoney has options to acquire the rest of the equity in Layer123 over the next few years.

EuromoneyLayer123 was launched in 2010 and offers telecoms network events specialising in knowledge exchange between technical and network strategy teams from telecoms operators, software and hardware vendors and other service providers. The main focus of the business is network innovation for carriers, including SDN (Software-Defined Networks), NFV (Network Functions Virtualization), SD-WAN (Software-Defined WAN), Security, 5G Core, Access & Transport Networking and Optical Networking.

The founders, Robert Jones and Mark Lum, will remain with the business for at least the next three years. Mark Lum is a widely respected analyst with over 30 years’ experience in carrier network markets. Robert Jones has 20 years’ experience in event organisation, founding and building some of the world’s leading telecoms networking conferences and exhibitions.

Layer123 will be managed as part of Rosalind Irving’s Telcap portfolio, further expanding Euromoney’s presence in the telecoms markets.

“Layer123 welcomes the opportunity to join the Euromoney family of events and knowledge-based businesses”, said Robert Jones. “We see real opportunities to build the business over the coming years within such a well-regarded organisation. As a fan of the Capacity events for well over a decade, I’m confident that Layer123 will feel very much at home. We look forward to working with you!”

mark-eisenstadt_f_1_120_1Speaking about the sale, Fusion’s Mark Eisenstadt said, “It was a pleasure to represent Mark Lum & Robert Jones and their market leading business, Layer123. They have created the industry knowledge exchange for network strategy professionals. Euromoney offer the right philosophy, experience and resources to help exploit the enormous market opportunities offered by this dynamic and disruptive innovation sector. Fusion previously represented Telcap in their acquisition by Euromoney and have witnessed it’s further meteoric growth under their guidance. We trust this new partnership will breed similar success.”

UK, London

Other Fusion Media & Business Information

List of all Fusion Transactions – HERE

Centaur Media Plc sells Home Interest Business for £32 million and acquires MarketMakers for an initial consideration of £13.4 million

Centaur Media Plc is to sell its business-to-consumer division, Home Interest for £32 million to Future plc and at the same time, acquire MarketMakers Incorporated Limited, an integrated marketing services businesses, for an initial consideration of £13.4 million with a deferred earnout amount based on EBITDA performance.

The proceeds from the sale of Home Interest will be used to pay for the acquisition of MarketMakers. Therefore completion of the acquisition is conditional on completion of the sale.

MarketMakers had revenues of £11.4 million and adjusted EBITDA of £1.7 million for year ended 31 December 2016. It is ranked as the No.1 telemarketing agency in the UK by B2B Marketing and has achieved growth in revenues of 27% over the last three years.

Centaur’s Home Interest division includes Homebuilding & Renovating, Period Living and Real Homes.

The transactions help Centaur focus on becoming a B2B digital, business intelligence and events company and to reduce its reliance on print and advertising .

Andria Vidler, Chief Executive, commented: “These transactions are a major step forward in the continuing transformation of Centaur into a B2B focussed business, providing our increasingly professional customer base with a range of higher value-added products and services.

“The process of taking Centaur up the B2B value chain continues, and these transactions are a very significant step forward in our ambitions.”

UK, London

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