Bridgepoint-backed PEI Media acquires Buyouts Insider, publisher of PE HUB, Buyouts, VCJ

Bridgepoint Development Capital-backed PEI Media Group acquired Buyouts Insider, a digital media and events business with brands like PE HUB, Buyouts, Venture Capital Journal, PartnerConnect events, Regulatory Compliance Watch and Credit Union Leadership Convention. Buyouts Insider was part of Simplify Compliance, a platform backed by Leeds Equity. Financial terms of the deal were not disclosed. The acquisition is the first since Bridgepoint’s 2018 investment in PEI Media Group. It expands PEI’s footprint in the U.S.

Press Release

PEI Media Group (“PEI”), the leading information and events provider to the global private capital markets, announced today that it has acquired a portfolio of subscription-led USfocused information platforms and event assets from Simplify Compliance Holdings LLC.

The businesses PEI Media Group has purchased comprise Buyouts Insider with its affiliated premium information brands Buyouts, Venture Capital Journal and PEHub, the PartnerConnect events, Regulatory Compliance Watch, and the Credit Union Leadership Convention.

The acquisition substantially increases PEI‘s footprint in the United States, the largest and most dynamic marketplace for the company’s products and services, which historically has accounted for close to 50% of its global sales. It also further confirms PEI’s position as the pre-eminent global provider of information for investment professionals in alternative asset classes and related fields.

This is PEI’s first strategic acquisition since Bridgepoint Development Capital’s investment in 2018 in support of continued international expansion including further development of its business technology platform, digital product set and range of subscription offerings.

PEI was advised by Raymond James, Squire Patton Boggs, EY and Plural Strategy.

Tim McLoughlin, CEO of PEI Media Group, said: “We see huge potential for growth in this portfolio of longstanding, high-quality subscription brands. These acquisitions immediately transform our presence in the US marketplace both commercially and in terms of talented personnel. Buyouts Insider, PartnerConnect and Regulatory Compliance Watch are a close-to-perfect overlap with our existing private market enterprises. The Credit Union Leadership Convention is the leading event in a large and important US financial sector that represents new opportunities for our group. We are delighted to be bringing it onto our platform as yet another large-scale, premium conference for financial services professionals.”

Colm Gilmore, Managing Director – Americas, commented: “This acquisition is testimony to PEI being a business that ‘invests to grow’. The brands and products joining us today are highly regarded by their customers, and we look forward to working with the successful teams that have been growing them to date, and to seeing the combined business grow further, faster.” Financial terms of the transaction were not disclosed.

About PEI Media Group

PEI engages specialist communities in the world’s private asset markets with eight well-known brands providing information, events and advertising solutions for real estate, infrastructure, private equity, private debt, and other asset markets. Established in 2001, the company publishes Private Equity International, PERE and Real Estate Capital, Infrastructure Investor, Private Debt Investor, Private Funds Management, and Its events portfolio comprises 40 annual conferences around the world.

Following today’s transaction, PEI has offices in New York City, London, Hong Kong, Oakland, California, and Gaithersburg, Maryland. It employs c. 220 staff globally.

About Buyouts Insider – With roots dating back to 1961, Buyouts Insider houses a collection of highly regarded brands serving the private capital industry with digital news, industry intelligence, data products and print publications: PEHub Network, Buyouts, Venture Capital Journal, Active LPs and Pratt’s Guide.

About PartnerConnect – PartnerConnect is Buyouts Insider’s conference division and hosts an annual programme of US private equity and venture capital events including PartnerConnect, Emerging Manager Connect and Family Office Connect.

About Regulatory Compliance Watch – Regulatory Compliance Watch is a leading digital source of information for financial services professionals working in US compliance. It also hosts annual compliance-focused conferences in Dallas and Philadelphia under the banner IAW.

About Credit Union Leadership Convention – CLUC is the leading annual gathering for US credit union executive. Held over four days in Las Vegas, the long-standing conference attracts up to 1,000 delegates. 2019 will see the event taking place for the 42nd time.