PEI Media acquires PEHub, Buyouts, VCJ and PartnerConnect

The assets are part of a US-focused subscription-led information and events portfolio PEI has purchased from Simplify Compliance Holdings.

Today PEI Media Group, the publisher of this website, announced the acquisition of the subscription platforms of Buyouts Insider with its affiliated premium information brands PEHub, Buyouts and Venture Capital Journal (VCJ).

Also part of the deal are Buyouts Insider’s conference assets including the PartnerConnect events; Regulatory Compliance Watch, which is a digital information service for financial compliance executives, as well as the Credit Union Leadership Convention, which will be integrated into the group’s wider financial markets events portfolio. PEI purchased the assets from Simplify Compliance Holdings LLC.

In a press release, PEI said the acquisition confirmed its position as the preeminent global provider of information and events for investment professionals in alternative asset classes and related fields. It also said the deal substantially increased its 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 percent of its global sales.

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 long-standing, 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.