The Press Association has announced the sale of the group’s finance publications division, which includes TelecomFinance and SatelliteFinance, as well as the annual conference TelecomFinance Live.
The division, purchased by Finance Information Group…
The Press Association has announced the sale of the group’s finance publications division, which includes TelecomFinance and SatelliteFinance, as well as the annual conference TelecomFinance Live.
The division, purchased by Finance Information Group Limited, will continue its offerings and remain in its current location in London. Ed Ansell will continue in his role as chief editor. The transaction was effective 1 February, 2015.
Commenting on the sale, Clive Marshall, CEO of PA Group said: “We are delighted to have secured in Finance Information Group a purchaser for the business who is ideally equipped to maximise the potential of the finance publications, which are highly regarded in their respective markets and produced by editors and journalists who are experts in their fields”.
“These finance publications are the definitive sources of knowledge in their sectors and we look forward to expanding these platforms to serve their global subscriber base”, said William Jefferson Black, managing director, Finance Information Group Limited.
Ed Ansell, chief editor, said, “We are excited by the opportunities this transaction provides to build on our presence in Asia and expand our reach in North America by delivering trusted knowledge on these dynamic industries.
TelecomFinance and SatelliteFinance are globally respected sources of information on mergers & acquisitions, financing, and strategy in the telecommunications and satellite sectors.
The TelecomFinance Live conference, now in its 10th year, has a reputation as one of the premier events where industry leaders and deal-makers meet to discuss developments in strategy, mergers & acquisitions, and financing, among other issues.
Finance Information Group Limited is backed by the founders of Chicago-based Transaction Advisors, a prestigious technical journal for corporate executives, middle market business owners, and private equity investors that provides practical insights to help companies navigate transactions more effectively.
