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 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.
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.