Taylor Wessing has advised the management team of Media Business Insight Limited, one of the UK's leading publishing and events businesses, on the its buyout backed by Mobeus Equity Partners.
Media Business Insight Limited focuses on the creative industries – advertising, TV production and films – and has an annual turnover of over £11m. The group, which employs more than seventy staff, has four product lines. Broadcast, the leading magazine for those in the broadcasting industry; Screen International, the film industry research that covers the international film markets; Shots, the industry benchmark for international commercials, and Alf, which is the UK's leading marketing and advertising intelligence tool.
This was the first investment of the year and the biggest investment in its history for Mobeus, which provided a combined debt and equity package.
The Taylor Wessing team was led by James Goold, partner and head of the Private Equity practice. He was supported by Rachel Greenhalgh, associate in the Private Equity practice.
James Goold said: "Media is a key industry for the firm, and it was a pleasure to secure a successful conclusion for the Media Business Insight team. MBI has five fantastic brands, all of which are leaders in their sectors, and Conor and his team are in an excellent position to drive the business forward to further success."
Conor Dignam, CEO of Media Business Insight, said: "It is the beginning of an exciting era for MBI and we look forward to working with Mobeus Equity Partners over the coming years to continue to develop and enhance MBI’s market leading position in the creative industries. It was a pleasure to work with the Taylor Wessing team throughout the transaction who were extremely responsive and provided pragmatic legal advice in a challenging deal timeframe."