M&A Deal Summary

Ion Equity Acquires Ocean Media Group

On July 14, 2006, private equity firm Ion Equity acquired publishing company Ocean Media Group for 41M USD

Acquisition Highlights
  • This is Ion Equity’s 1st transaction in the Publishing sector.
  • This is Ion Equity’s largest (disclosed) transaction.
  • This is Ion Equity’s 1st transaction in the United Kingdom.
Investment Fate
  • Ocean Media Group was sold to a consortium of financial buyers in 2007 for 104M USD.
  • Ocean Media Group was sold to a consortium of financial buyers in 2012.
  • Ocean Media Group was sold to a consortium of financial buyers in 2015.

M&A Deal Summary

Date 2006-07-14
Target Ocean Media Group
Sector Publishing
Buyer(s) Ion Equity
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 41M USD

Target

Ocean Media Group

London, United Kingdom
Ocean Media Group publish a number of leading magazines, operate a wide range of very successful consumer and trade exhibitions - both in the UK and across continental Europe - and organise numerous conferences, awards ceremonies and other face to face events. The company also have a growing reputation for our related web sites. Ocean Media Group is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Ion Equity

Dublin, Ireland

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Ion Equity is a private equity firm focused on making investments in UK and Ireland based cash-flow businesses with strong assets. Ion seeks companies valued from €50 to €500 million and will consider funding acquisitions, buyouts, recapitalizations, take privates, and restructurings. Ion Equity is a generalist investor, however the firm has a strong interest in energy, services, retail, media, and property related businesses. Ion Equity maintains offices in London and Dublin.


DEAL STATS #
Overall 4 of 9
Sector (Publishing) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 2 of 4
Country (United Kingdom) 1 of 3
Year (2006) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-01 Topaz Energy

Clonskeagh, Dublin 4, Ireland

Topaz Energy Ltd. is a fuel and convenience retailer in the country.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-01 SWS Group

Bandon Co. Cork, Ireland

SWS Wind Energy is a cheap and plentiful energy resource that doesn't emit greenhouse gases or other polluting byproducts. With this combination of characteristics, it is ideally placed to help with two of the biggest challenges facing mankind - decreasing energy reserves and global warming.

Buy -