Arc, the global events, data, and media platform, has announced it has acquired London-based B2B Incisive Media’s financial services and business sustainability portfolios. These portfolios expand Arc’s sector diversity across the UK market with the addition of leading financial services and business sustainability brands such as Investment Week, Professional Pensions, Professional Adviser, and BusinessGreen.
The Channel Company, a leading IT-channel focused B2B marketing company, will acquire Incisive’s technology portfolio. The acquisition will reunite CRN and CRN UK under the same company. The technology portfolio also includes the Computing and Channel Partner Insight brands. Both Arc and The Channel Company are backed by EagleTree Capital Private Equity.
Simon Foster, CEO of Arc, said: “This is a pivotal step in the evolution of Arc. We are pleased to welcome Incisive Media CEO, Jonathon Whiteley, and the financial services and business sustainability teams to Arc, and look forward to growing and developing these portfolios. We also look forward to further developing the Arc platform through this acquisition with the addition of more resources and channels with which we can grow our network.”
Blaine Raddon, CEO of The Channel Company, said: “We are excited to add Incisive’s technology channel brands to our portfolio, and believe the reunification of the US and UK CRN brands will provide substantial benefit to our audiences and clients. This acquisition gives us the opportunity to link Incisive’s Computing brand with our Midsize Enterprise Services brand in a powerful, connected, global end-user community. Altogether, the acquisition results in a leading position for The Channel Company in content and events in both the US and EMEA.”
Jonathon Whiteley added: “Following a very successful period of growth over the last few years, Incisive Media is now ready for its next stage of development. The global platforms of Arc and The Channel Company offer natural homes for Incisive Media’s brands and people. Our audience and customer centric approach to growing and supporting the end markets that we serve fits squarely with the philosophies of both Arc and The Channel Company. This split allows us to support that growth in a relevant and focused way. I am excited about the future and look forward to working with Simon and his team at Arc to take Incisive Media into this next and exciting chapter.”
Arc’s M&A advisor was Canson Capital Partners.
The values of the deals were not disclosed.
EagleTree Capital is a New York-based middle-market private equity firm. More information: www.eagletree.com
