The Business
Media Business Insight is a leading UK publishing and events company. The company owns a unique digitally-led portfolio of leading multichannel, subscription-based brands offering content and insight to key decision-makers and creatives in the media industries.
The Deal
Mobeus acquired MBI in 2015 from a corporate owner, Top Right Group (Ascential plc), which was rationalising its portfolio through a number of non-core disposals. We delivered a solution against tight timescales laid down by the vendor, providing a combined debt and equity package of £11.7 million for a majority stake.
The Impact
Mobeus invested in the business to enable it to transition from a traditional publisher to a digitally-led data, insights and intelligence company with a market-leading portfolio of brands.
The Realisation
In 2022, MBI was sold to GlobalData, an AIM-listed data and analytics company generating a money multiple of 2.3x. This asset was held by the Mobeus VCTs which were sold to Gresham House in September 2021.
