M&A Deal Summary

Reach Acquires GMG Regional Media

On February 9, 2010, Reach acquired media company GMG Regional Media from Guardian Media Group for 45M GBP

Acquisition Highlights
  • This is Reach’s 1st transaction in the Media sector.
  • This is Reach’s 0th largest (disclosed) transaction.
  • This is Reach’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2010-02-09
Target GMG Regional Media
Sector Media
Buyer(s) Reach
Sellers(s) Guardian Media Group
Deal Type Divestiture
Deal Value 45M GBP

Target

GMG Regional Media

United Kingdom
GMG Regional Media, which publishes 32 newspapers and associated websites, is formed of two operating businesses: MEN Media and S&B Media. MEN Media publishes 22 titles in the North West of England, including the flagship Manchester Evening News. S&B Media publishes 10 titles in the South of England, including the Surrey Advertiser and Reading Post.

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Buyer(S) 1

Buyer

Reach

London, United Kingdom
Category Company
Founded 1904
Sector Media
Employees3,706
Revenue 569M GBP (2023)
DESCRIPTION

Reach is a commercial news publisher. Reach is a home to over 120 trusted brands, from national titles like the Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News, as well as our US brands. Reach was founded in 1904 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2010) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-04 Trinity Mirror Digital Property

London, United Kingdom

Trinity Mirror Digital Property Ltd. owns a portfolio of property websites including SmartNewHomes.co.uk, the UK’s new homes portal; HomesOverseas.co.uk, a portal dedicated to overseas property listings; Email4Property.co.uk, an estate agent directory and lead generation website and Zoomf.com.

Sell -

Seller(S) 1

SELLER

Guardian Media Group

London, United Kingdom
Category Company
Sector Media
DESCRIPTION

Guardian Media Group is aUK’s media organisations. Its core business is Guardian News & Media, publisher of theguardian.com and the Guardian and Observer newspapers. IT also manage investments whose purpose is to provide financial support for the development of our journalism.

DEAL STATS #
Overall 3 of 5
Sector (Media) 1 of 2
Type (Divestiture) 2 of 4
Country (United Kingdom) 3 of 5
Year (2010) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-15 Thinkproperty.com

United Kingdom

Thinkproperty.com Ltd. is a property information websites.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-25 GMG Radio

London, United Kingdom

Sell £70M
Mergr

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