ITE Group acquires Platform Exhibitions in Turkey

ITEE Uluslararası Fuar Tanıtım Hizmetleri A.Ş(EUF) in Turkey, a wholly owned subsidiary of exhibitions business ITE Group plc,  has acquired Platform Exhibitions Inc from Mahmut and Ayse Er.

Platform owns the Beauty Eurasia exhibition which serves the beauty, personal care and cosmetics industries in Turkey and the surrounding region. Beauty Eurasia is held in Istanbul in June each year. The 2013 exhibition was the 9th edition of the event which sold more than 8,000m2 net and was attended by over 21,000 professional visitors.

beautyEurasiaITE has an established portfolio of existing Beauty events in Ukraine and Russia and earlier this year acquired an interest in the CosmoBeaute series of events in South East Asia.

The terms of the deal were not disclosed. The consideration will be financed out of the Group’s existing balance sheet and the acquisition is expected to be earnings enhancing in the first full year of ownership.

Commenting on the acquisition, ITE’s Chief Executive Officer, Russell Taylor, said, “Beauty Eurasia is the leading beauty and personal care exhibition in Turkey. The addition of this exhibition to ITE’s Turkish business is consistent with our strategy of building market leading positions in core markets and sectors. The beauty and personal care industry is a growth sector in developing markets and with this acquisition, ITE will leverage its international exhibition expertise to develop further its position and benefit from a wider portfolio within this sector.”

Turkey, Istanbul & UK, London

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Amazon.com to acquire TenMarks

amazon1Amazon.com is to acquire TenMarks, a company that offers personalised online math instruction and practice in a clear, manageable format for K-12 students. The terms of the deal were not disclosed. The acquisition is expected to close in the fourth quarter of 2013.

tenmarks“Amazon and TenMarks share the same passion for student learning. TenMarks’s award-winning math programs have been used by tens of thousands of schools and Amazon engages with millions of students around the world through our Kindle ecosystem,” said Dave Limp, Vice President, Amazon Kindle. “Together, Amazon and TenMarks intend to develop rich educational content and applications, across multiple platforms, that we think teachers, parents and students will love.”

USA, Seattle, WA

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Evidence.com acquires Familiar

TASER International is to acquire Familiar, Inc. The Familiar team will be joining EVIDENCE.com, a business unit of TASER. The Familiar team will conduct research and development initiatives for mobility technologies in law enforcement, focused specifically on new revenue opportunities that align with the EVIDENCE.com platform strategy.

Marcus Womack, Familiar’s CEO, will join the EVIDENCE.com team as General Manager of Next Generation Products.  The terms of the deal were not disclosed.

Familiar, founded by Marcus Womack, Mike Bohlander, Ray Fortna and Josh Hepfer and backed by Greylock Partners, Index Ventures and Redpoint Ventures will be joining the EVIDENCE.com team to build secure and private next generation mobile technologies and cloud infrastructure for law enforcement and first responders.

“We are thrilled the Familiar team will be joining EVIDENCE.com,” said Jason Droege, President of EVIDENCE.com. “With the technology trend of mobility and video becoming essential to public safety agencies’ evidence workflow, the Familiar team’s experience moving video across mobile platforms will accelerate the execution of our mobile and cloud product strategy.”
“Making it easier for law enforcement to share and communicate information is at the core of the EVIDENCE.com service,” said Marcus Womack. “This fits naturally with Familiar’s experience building a secure and private network for sharing digital content among families. We are excited to join EVIDENCE.com because of their noble mission and the opportunity to build technologies that make communities safer.”

EVIDENCE.com will not continue to operate the Familiar service, but will deploy core technology components from their product into the future products they develop for the EVIDENCE.com platform. The Familiar team will be deployed to develop next generation products focusing on new revenue opportunities.

USA, Scottsdale, AZ

 

PA Group acquires content marketing business Sticky Content

PA Group, the parent company of the Press Association, has acquired an 80 per cent stake in Sticky Content, a digital copywriting and content strategy agency, significantly increasing PA’s presence in the content marketing sector. PA’s content for marketing businesses will now operate under the Sticky Content name..

PA Group Acquires Content Marketing Business Sticky Content Continuing its Long-term Strategy for ReinvestmentCatherine Toole, Sticky Content’s former Chief Executive and new Chairman, said: “The Press Association is the perfect partner for Sticky Content, as the demand for effective, high-quality content soars. Now we can deliver pretty much any kind of content there is.

Emily Shelley, PA’s former Head of Content For Marketing and new Managing Director of Sticky Content, said:PA Group Acquires Content Marketing Business Sticky Content Continuing its Long-term Strategy for Reinvestment “Sticky Content sets the standard for best practice in digital copywriting – across usability, optimisation and conversion. They also lead the field in the execution of content strategy; a discipline which is becoming essential for all companies with a digital presence. By combining this digital expertise with PA’s live delivery of topical, engaging multi-platform content, we can capitalise on the demand for effective content marketing services. I’m excited about what we can achieve together for our clients and our business.”

Clive Marshall, PA Group’s Chief Executive, said: “This is the second significant investment we have made since we sold our stake in Canada Newswire at the end of 2012. Last month we acquired mminternational (Europe) – a leading European weather company – to exploit the significant opportunities for growth in our MeteoGroup weather business and further strengthen its position as one of the world’s leading commercial weather organisations. The acquisition of Sticky Content is part of our drive to broaden the market for the Press Association’s news and information services and expand the range of products and services that complement our traditional news feed business.”

UK, London

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PA Acquires Globelynx “TVready” Network November 19, 2011

Gamevil acquires Com2uS

gamevil_logoKorean mobile video games publisher Gamevil has acquired the shares and control from the majority shareholders of Com2uS. It is being reported that Gamevil paid around KRW 70 billion ($65 million).

com2usBoth companies are amongst the earliest gaming companies in the world. Com2uS is the older of the two, being founded in 1998. Gamevil was founded in 2000. Last year Gamevil reported full-year revenues of KRW 70.2 billion ($65.5 million). Com2uS reported KRW 76.9 billion ($71.8 million). Both companies operate out of South Korea.

South Korea, Seoul

 

DG MediaMind acquires Republic Project

dglogoDigital Generation, Inc., a multi-screen advertising company, is to acquire Republic Project, a cloud-based ad platform that enables agencies and brands to create, deliver and measure social and mobile rich media campaigns. DG will acquire substantially all of the assets of Republic Project for $1.4 million in cash and an additional earn out tied to revenue and EBITDA performance targets in 2014 and 2015. Republic Project’s 11 employees, including CEO AJ Vernet, will join DG’s Los Angeles office.

republic project“Every channel offers advertisers a unique set of opportunities to engage with audiences,” said Ricky Liversidge, DG CMO. “Continuing to integrate and innovate within areas such as social and mobile, while making sure advertisers can move quickly within a data driven landscape, is critical. The addition of Republic Project’s technology and knowledge helps accelerate this process.”

USA, New York & Los Angeles, CA

 

Fresh round of dealmaking in the face-to-face events sector

The FT are reporting that, in the wake of UBM’s chief executive David Levin and Informa’s chief Peter Rigby resigning earlier this year, analysts and industry executives are speculating that a fresh round of dealmaking could happen in the face-to-face events sector.

Read the article here

Platinum Equity acquires CBS Outdoor’s European Business

M&A firm Platinum Equity has acquired the assets of CBS Outdoor International, which is among the largest out-of-home media and billboard businesses in Europe.

CBSO International provides custom media solutions to outdoor advertising agencies and direct clients in the United Kingdom, Ireland, France, Italy, the Netherlands, Spain and China.

Platinum Equity’s European investment team headed by Bastian Lueken in London led the acquisition. He said Platinum Equity’s European investment and operating capabilities were keys to getting the deal done and will benefit CBSO International going forward.

“We have a strong team in London with a lot of experience, and our portfolio includes companies with pan-European operations,” said Mr. Lueken. “Our goal is to partner with the management team and help elevate CBSO International to new heights through hard work and customer focus. We will also continue looking for ways to grow the business organically and through complementary add-on investments.”

A team that includes Platinum Equity in-house operations specialists is focused on transitioning the newly acquired business. A rebranding initiative is underway and a new corporate name and image will be announced as that process unfolds.

UK, London

Artemis Energy acquires of LinkMyFan.com

linkmyfanArtemis Energy Holdings, the owner of press release distribution site TransWorldNews, business social networking platform LinkMyStock.com, and recent acquirer of WooEB.com,  has acquired LinkMyFan.com. LinkMyFan.com is a Social Networking Content Management Platform.  According to a Artemis Energy Holdings statement, LinkMyFan.com is a website that is already generating revenues while it is still being developed.The terms of the deal were not  disclosed.

Company Director, Todd Davis stated, “The value of integrating Link My Fan’s current features and technology, with Link My Stock and WooEB, clearly provides lower development costs while expanding revenue streams and improving the user’s experience.”

USA, Atlanta, GA

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Euromoney Institutional Investor completes acquisition of HSBC’s Quantitative Techniques operation

Euromoney logoEuromoney Institutional Investor PLC, the international online information and events group, has completed the acquisition of HSBC’s Quantitative Techniques operation with effect from September 30.  QT is the benchmark and calculation agent business of HSBC Bank plc which creates and maintains more than 100 equity and bond indices for HSBC’s Global Markets division and for over 60 external clients.

The business has been rebranded Euromoney Indices.  As part of the completion terms, HSBC has agreed to purchase index calculation services from Euromoney Indices for a minimum period of three years.

Previous reporting – Euromoney Institutional Investor to acquire HSBC’s Quantitative Techniques operation Posted on April 4, 2013

UK London

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