M&A Deal Summary

ITE Group Acquires Ascential Group - Exhibitions Business

On May 15, 2018, ITE Group acquired media company Ascential Group - Exhibitions Business from Ascential for 300M GBP

Acquisition Highlights
  • This is ITE Group’s 2nd transaction in the Media sector.
  • This is ITE Group’s largest (disclosed) transaction.
  • This is ITE Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-05-15
Target Ascential Group - Exhibitions Business
Sector Media
Buyer(s) ITE Group
Sellers(s) Ascential
Deal Type Divestiture
Deal Value 300M GBP

Target

Ascential Group - Exhibitions Business

London, United Kingdom
Ascential Group Ltd. - Exhibitions Business comprises Spring and Autumn Fair, Bett (including The Education Show), CWIEME, Pure, Glee and BVE.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ITE Group

London, United Kingdom

website

Category Company
Founded 1991
Sector Business Services
Employees1,016
DESCRIPTION

ITE is one of the world’s leading organisers of international trade exhibitions and conferences and specialises in organising events in growing and developing markets. ITE organises over 200 exhibitions and conferences each year in 14 countries.

DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Divestiture) 2 of 2
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-23 Breakbulk Events & Media

United States

Breakbulk Events & Media is a specialised logistics intelligence. Breakbulk's exhibitions, congresses, workshops and media products serve logistics executives working in the oil & gas, traditional / renewable power generation, mining and infrastructure / construction markets. The company hosts six annual events with over 14,000 paid attendees which bring together the world’s top breakbulk and project cargo logistics executives for education, strategy creation, business development and networking.

Buy -

Seller(S) 1

SELLER

Ascential

London, United Kingdom

website

Category Company
Founded 2016
Sector Media
Employees3,000
Revenue 349M GBP (2021)
DESCRIPTION

Ascential is an international business-to-business media company with a focused portfolio of events and information services products. In Exhibitions & Festivals, It organized a large scale exhibition, congresses, and festivals where customers come together to form business relationships and transact. Ascential was founded in 2016 and is headquartered in London, the United Kingdom.

DEAL STATS #
Overall 7 of 10
Sector (Media) 3 of 3
Type (Divestiture) 6 of 8
Country (United Kingdom) 7 of 8
Year (2018) 1 of 1
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-22 Clavis Insight

Dublin, Ireland

Clavis Technology Ltd. is a provider of an online channel insights for product manufacturers, and a principal innovator at the forefront of the eCommerce analytics revolution. The company has developed a powerful framework - 6Ps eCommerce Intelligence™ - for organizing and prioritizing eCommerce analytics and actions to drive online channel success for brands.

Buy $119M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-15 WARC

London, United Kingdom

WARC Ltd. is a digital subscription business that helps brands, agencies and media platforms assess marketing effectiveness across all channels. Warc offers advertising best practice, evidence and insights. WARC Ltd. was founded in 1985 and is based in London, United Kingdom.

Buy £24M
Mergr

Product

Company

Legal