A Fusion deal: Powerful Allies sold to Zenergi

Powerful Allies Limited, a leading provider of 100% renewable electricity contracts for schools and businesses, has been sold to Zenergi, the energy and sustainability services provider backed by ECI Partners. The Fusion team was led by Paul Kelly, Director at Fusion. The terms of the deals were not disclosed.

Powerful Allies was founded nearly 10 years ago by James Robson, who wanted to “make things better” and be a truly trusted partner for clients needing energy supply support.

Powerful Allies currently supports a number of customers in different sectors, including over 130 leading independent schools and 170 single and multi-site Academies across the UK, providing services including energy cost and carbon emission reduction strategies, energy consumption monitoring and reporting, and LED and Solar PV solutions.

James Robson, founder of Powerful Allies, said, “I founded Powerful Allies ten years ago to give customers more transparency, clarity and honesty around their energy contracts. I am delighted that as part of Zenergi we will be able to reach more customers and support the movement towards a greener future. I look forward to working with Graham and the Zenergi team to deliver on that ambition”.

Paul Kelly, Director at Fusion Corporate Partners said: “It has been a pleasure working with James. He has a great team at Powerful Allies and has achieved exceptional success, and with their overlapping customer base, the fit with Zenergi is excellent. I wish them every success.

The acquisition is the second acquisition undertaken following ECI’s investment in Zenergi in February 2022. In March the business acquired DB Group, enabling Zenergi to grow its regional presence and support customers in Scotland.

Graham Cooke, CEO of Zenergi, said, “As we all move to a greener future, Powerful Allies is a natural fit for the Zenergi offering – the firm’s ethos, focus on renewables and clear strength in customer service match our core values as an organisation. The firm’s own Open Competition Charter is a standout example of how they really care for and empower their clients. We are all looking forward to welcoming James and the team and seeing what we can achieve together”.

Powerful Allies will continue to trade under its own brand as part of the Zenergi group for the immediate future.

UK, Southampton & UK, Bishops Cannings, Devizes

A Fusion deal: Worldwide Legal Research sold to Law Business Research

Worldwide Legal Research, trading as LegalMonitor, a research company headquartered in London, has been sold to Law Business Research Ltd, a portfolio company of Levine Leichtman Capital Partners VI, LP (LLCP). Fusion Corporate Partners acted as corporate advisor for Worldwide Legal Research. The Fusion team was led by Paul Slight, Director at Fusion. The terms of the deal were not disclosed.

Law Business Research (LBR) is a technology-enabled information services business powering the global legal industry with intelligence, analytics and performance data.  LegalMonitor is the most accurate database of over 260,000 lawyers, incorporating artificial intelligence, advanced search and visual analytics.

David Kekwick, Executive Director of LegalMonitor, noted, “The combination of our data platform and LBR is an exciting one. LBR brings access to the operational tools and experience we need to scale plus significant marketplace access. We will be able to accelerate investment in our platform and ensure ongoing product evolution.”

Paul Slight commented, “This is second time round for David Kekwick and Fusion having previously worked on the sale of David’s first business to Wilmington circa 10 years ago. The fit with Law Business Research in this instance is clear and will only enhance Legal Monitor’s market leading products for legal recruiters globally.”

Nick Brailey, CEO of Law Business Research, said, “Law Business Research and LegalMonitor both provide data-driven, technology-enabled, subscription platforms that naturally complement each other. LegalMonitor brings a significant database, insight into the global legal market and additional technology capabilities. Our combined research will map the known universe of lawyers and tie together datasets to fulfil more use cases. This will benefit our entire portfolio of client solutions and represents a continuation of our strategy of delivering technology-enabled content by adding a highly relevant data asset to our business. I’d like to take this opportunity to welcome the Legal Monitor team to LBR and I look forward to seeing what we can achieve together”.

UK, London

A Fusion Deal: MGP sold to WebMD Health Corp.

MGP, an award-winning publisher and multimedia company with over 26 years’ expertise in the dissemination of guidance-related content to support healthcare professionals across the NHS, has been sold to WebMD Health Corp. an Internet Brands company and a leader in health information services for physicians, other healthcare professionals and consumers. Fusion Corporate Partners acted as corporate advisor to MGP. The Fusion team was led by Mark Eisenstadt, Director at Fusion. The terms of the deals were not disclosed.

“Fusion was fortunate to represent MGP, a fast growing market leader, that by providing must have clinical information, provides an invaluable service to medical professionals. Plugged in to the worldwide WebMD network, they will now exploit exciting synergies that will help expand both their offering and reach to further aid medical professionals in improving patient care. It was a pleasure to work with the highly professional and experienced management team who thoroughly deserve their reward. They have built a business that truly makes a positive contribution to healthcare and I look forward to the next chapter of the story.” Mark Eisenstadt, Fusion.

The acquisition combines the core competencies of MGP with that of Medscape, WebMD’s flagship global brand for healthcare professionals. Medscape and its affiliate network of platforms currently reach over 5 million physicians worldwide, of which over 4 million are outside the US. The addition of MGP will build on Medscape’s offerings of clinical news, health information, education and point-of-care tools to provide market-leading, multi-channel reach and engagement with doctors and other healthcare professionals across the UK.

Based in Chesham, UK, MGP’s content is designed to inform clinical decision-making and change clinical behaviour in line with best practice. The diverse offerings include Guidelines summaries, Guidelines in Practice expert articles and videos, the Guidelines Live conference and virtual events.

“Clinical guidelines are foundational to enhancing and improving patient care, and the addition of MGP further drives Medscape’s commitment to supporting UK doctors in clinical practice,” said Jeremy Schneider, Group General Manager, WebMD Global. “MGP and Medscape have the trust and the engagement of hundreds of thousands of UK healthcare professionals, driving clinical behaviour change. Through this transaction, we can leverage our combined strengths and scale to deliver robust, information-rich content to doctors and innovative solutions to customers.”

MGP will continue to operate as an independent subsidiary of Medscape as the companies build on and integrate products, platforms, and services.

USA, New York, NY & UK, Chesham, Buckinghamshire

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A Fusion Deal: UKi Media & Events sells 12 of its industry magazines to Mark Allen Group Limited

Mark Allen GroupThe Mark Allen Group has acquired 12 magazines in the aviation, automotive and transport, and entertainment sectors from owner UKi Media & Events. The terms of the transaction were not disclosed.

They are: Business Airport International, Business Jet Interiors International, Aircraft Interiors International, Aerospace Testing International, Air Traffic Technology International, Industrial Vehicle Technology International, Traffic Technology International, Electric & Hybrid Vehicle Technology International, Vehicle Dynamics International, Railway Interiors International, Stadia and Auditoria.

The magazines will trade in a newly-formed company, MA Aviation and Auto International Limited. The 22 transferring staff, will be based in the group’s business offices in Hawley Mill, Dartford in Kent.

Chairman of the Mark Allen Group, Mark Allen, said, “I am delighted that, after five months of negotiations, we have finally completed this deal. I would like to thank owner Tony Robinson and managing director Graham Johnson for helping to navigate this difficult process to such a successful outcome. Above all, I want to compliment the staff, whom we have started to get to know, for their patience and engagement. They are a very committed and talented group and we greatly look forward to working with them.”

UK, London & Dorking

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A Fusion Deal: Reorg acquires a controlling stake in Debt Explained

Debt ExplainedDebt Explained Limited, the provider of data and analysis on the European high-yield and leverage loan markets has sold a controlling stake to Reorg, a financial media and technology company. Fusion Corporate Partners acted as corporate advisor for Debt Explained. The Fusion team was led by Paul Slight, Director at Fusion. The terms of the deals were not disclosed.

Founded in 2009, Debt Explained creates and curates data and analysis on bond and loan deals through its proprietary data bases and unique scoring and bench-marking products. These allow for detailed trend analysis in the European high yield and leverage loan markets. The combination of Reorg and Debt Explained will make these tools available on a global basis, driving a new and unique subscriber experience in Europe, the United States and beyond.

“Reorg’s partnership with Debt Explained will create the industry-leading product in the global non-investment grade credit markets”, said Kent Collier, founder and chief executive officer of Reorg. “This fits in perfectly with our strategic vision, and we look forward to building our business together and providing more and even better information to our subscribers.”
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Stephen Mostyn-Williams, founder and chairman of Debt Explained, will continue as part of the combined business. Mostyn-Williams said, “All the Debt Explained team are very pleased to partner with Kent and his team in taking our combined offering onto a global stage. This transaction gives us a tremendous opportunity to enhance the strengths of two market leading firms for the benefit of our mutual global client base. Combining our research, data and scoring products with Reorg’s editorial content and proprietary technology will provide world class, industry leading products across Europe, Asia and North America.”

USA, New York, NY & UK, London

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A Fusion Deal: Integer Research sold to Argus Media

ArgusInteger Research an independent provider of specialist market intelligence and analysis, consultancy services and conferences has has been sold to Argus Media, the global energy and commodity price reporting agency. Fusion Corporate Partners acted as corporate advisor for Integer Research. The Fusion team was led by Paul Kelly, Director at Fusion. The terms of the deals were not disclosed.

Integer provides the fertilizer, wire and cable, and emissions control markets with specialist economic and financial analysis, market forecasts, strategy, and benchmarking information, as well as global conferences.

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Paul Kelly

Speaking about the sale, Fusion’s Paul Kelly said, “I’ve known Integer Directors Tim Cheyne, and Oliver Hatfield for four years; I met their third partner, Philip Radbourne at the start of the process. They are a highly professional team with great industry knowledge and expertise. Integer is a great fit with Argus and they will do very well. I wish them every success”.

Integer Managing Director Tim Cheyne added, “This is a natural cultural and strategic fit for Integer and we are excited to build on Argus’ existing global expertise in commodity markets and leverage its technology and platform strengths to the benefit of our customers.”

Argus Media Chairman and Chief Executive Adrian Binks said, “Argus’ acquisition of Integer will expand the range and depth of services we offer to our customers. Integer has a unique product offering and this, combined with Argus’ global reach and scale, will offer users powerful market intelligence and insight.”

Argus first entered the global fertilizer markets with the acquisition of price reporting and events business FMB Consultants in 2011. A company sale project also managed by Fusion Corporate Partners. In 2014 Fusion sold Metal Pages to Argus.

UK, London

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A Fusion Deal: Venues & Events Live sold to Ocean Media Group

squaremeal-v-e-2018Venues & Events Live, the UK’s leading events industry trade show and networking opportunity for corporate event organisers, has been sold by Monomax Limited to Ocean Media Group Limited, the London based events and digital information business. Paul Kelly, Director at Fusion, acted exclusively for Monomax Limited, the owner of Venues & Events Live Limited. The terms of the deal are not being disclosed.

Launched in 2005, Venues and Events Live attracts over 7,000 attendees in a business-focused but energetic environment. Venues and Events Live takes place at Old Billingsgate, London, over 2 days in September each year. With around 200 leading industry exhibitors, plus a full programme of features and workshops. Venues and Events Live is widely recognized as the key exhibition for anyone who organises corporate events.

In December 2016, Fusion also acted for the owners of Monomax Limited on the sale of Imbibe Media Limited to Reed Exhibitions, part of RELX Group. Imbibe Media Limited was the organisation behind Imbibe Live, the Imbibe media platforms, and the successful annual Sommelier Wine Awards.

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Paul Kelly

Speaking about the sale, Fusion’s Paul Kelly said, “It was a pleasure to work with Simon White and Mark de Wesselow again. Venues & Events Live is a fantastic show for corporate event organisers; it delivers a great mix of education, inspiration and ideas as well as countless opportunities to network, foster relationships, learn and pick up practical tips. I wish them every success”.

UK, London

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A Fusion Deal: CMA Shipping Conference and Exhibition sold to Informa (Knect365)

CMA-Shipping-2019-LogoThe CMA Shipping Conference and Exposition has been sold to Knect365, Informa PLC’s Knowledge & Networking Division. Fusion Corporate Partners acted as corporate advisor for International Marketing Strategies (IMS), the organiser of the event. The Fusion team was led by Paul Kelly, Director at Fusion. The terms of the transaction were not disclosed.

CMA Shipping is run on behalf of the Connecticut Maritime Association (CMA), an Association made of individuals representing every aspect of shipping and international trade. IMS and the CMA have worked together to produce the annual conference and trade Show for thirty three years.

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Paul Kelly

Speaking about the sale, Fusion’s Paul Kelly said, “IMS are a highly professional group with great maritime industry expertise. Together with the CMA, they have built the the premier shipping gathering in North America and a “must-attend” event on the shipping business calendar. “It was a pleasure to represent them”.

CMA Shipping enjoys the support of many of the world’s major maritime organisations and attracts over 2,000 maritime industry leaders, owners and ship managers controlling over 5,000 vessels. Complementing the presence of the owners and operators are charterers, financiers, suppliers, shipyards, national exhibits and professional service providers. It is one huge dynamic marketplace.

CMA Shipping 2019 will be he’d at the Hilton Stamford Hotel, Stamford, CT, USA.

USA, Stamford, CT

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A Fusion Deal: AI Business sold to Informa (Knect365)

AI Business

AI Business, the media and events organisation dedicated to Artificial Intelligence in business, has has been sold to Knect365, Informa PLC’s Knowledge & Networking Division. Fusion Corporate Partners acted as corporate advisor for AI Business. The Fusion team was led by Mark Eisenstadt, Director at Fusion. The terms of the deals were not disclosed.

AI Business, is the foremost community in Artificial Intelligence for Business. The AI Summit Series and AIBusiness.Org provide exclusive content from the foremost innovators in AI; including Microsoft, Facebook, Amazon, Google, Accenture and IBM. The summit series and online portal cover all major industries where uptake of AI is significant, including; Marketing, Travel & Transport, Finance, Professional Services, Healthcare and Retail. The business was founded by Daniel Pitchford and George Kipouros, who will continue to drive the business forward.

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Mark Eisenstadt

Fusion’s Mark Eisenstadt commented, ” ‘George & Dan have rapidly created the community forum for this dynamic and booming industry. It was a pleasure to represent such a professional and dedicated duo and their skilled and motivated workforce.  The Knect365 brand, offers enormous growth synergies within their Thought Leadership ecosystem. Fusion has recently and in the past represented for sale a number of leading edge innovation worldwide media businesses that are helping to drive the technology and telecoms sectors growth. We are pleased to be working with a number of other innovative, market leading related businesses that will come to market in the short to medium term.”

UK, London

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A Fusion Deal: Euromoney acquires TowerXchange

TowerXchangeTowerXchange, the open community for thought leaders in the emerging market towers industry, has been sold to Euromoney Institutional Investor PLC.

Fusion Corporate Partners acted as corporate advisor for TowerXChange. The Fusion team was led by Piers Bearne. The terms of the deals were not disclosed.

TowerXchange is an information and events business which has become a source of information on the tower market, the infrastructure supporting the growth of the mobile telecoms market. Acquiring TowerXchange is part of Euromoney’s telecoms strategy to facilitate industry collaboration and trading in areas ranging from pricing to standards across the telecoms ecosystem. 

Commenting on the deal, Piers Bearne of Fusion said, “TowerXchange is deeply embedded in its sector, with a very strong management team. We were looking for the best partner to support the company’s geographical and product expansion, and are delighted that Euromoney are its new owners.”

Rosalind Irving, Euromoney Divisional Director responsible for its telecoms businesses, said: “TowerXchange is an excellent business which serves an increasingly important part of telecoms infrastructure. It is strategic for Euromoney because it is highly complementary to the markets served by TelCap, BroadGroup (in which we invested in March) and Layer123 (acquired in April). We look forward to working with the expert TowerXchange team.”

UK, London

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